listen here

Patriot Broadcast From the Trenches Schedule 

Or you can mail donations to Henry Shivley at P.O. Box 964, Chiloquin, OR 97624

As the Precious Metals Paper Market Manipulates, the Physical Counterfeit Market Expands

Shenandoah – by John Galt

Is there a relationship between an increase in the manipulation of paper Gold and Silver prices and the sudden appearance of counterfeit coinage on the market?

First, let’s review this video from the Hamilton Police Department in Ontario Canada:  

The CBC broke this story in Canada on April 25, 2013 stating:

“You wouldn’t be able to tell the difference (with) the naked eye. The coins are actually very high quality fakes,” Const. Mike La Combe said in a Hamilton Police YouTube video. “They are silver and nickel-plated, which gives them the look of an actual silver dollar. However, when you cut them open, you can clearly see on the inside, they are brass filled.”

The video shows some of the roughly 500 fakes that have been confiscated so far.

“They are worth practically nothing, just a couple cents each,” La Combe explained.

LaCombe is a pawn unit investigator and says the coins are being bought online, then sold at “golden” times for the seller when shops are busy or with little staff. During the rush, employees may not have the time to do all the proper authenticity checks, giving criminals the chance to sell fast without getting caught.

Why is this important? In the same rush inside the United States there is a panic to buy and sell physical coinage based on the idea promoted by the financial media that this is a repeat of 1980-1982 where gold and silver prices collapsed and remained dormant for essentially twenty years as the central banks pressed ahead with a massive currency manipulation to assure the United States of its reserve currency status.

The true test of a fiat currency and phony economy is to determine just how far it can be pushed before the average citizen panics and desires an alternative real currency versus the nonsense pushed on the masses as reality. The best example of this is a quick comparison between the crash in the so-called paper silver market versus physical demand:

SILVER_6MOCASHjgfla

The chart of silver prices above is a totally from reality because it is a blatant attempt to manipulate markets and force that small percentage of the population out of the physical metal to help the banksters repay and repatriate hard currency to real customers that they can not fulfill. The margins on Silver American Eagles reflect that in no uncertain terms as per 24hr Gold the 52 week average is still at 26.46% and at many dealerships that actually have inventory, north of 35%!!!!!

24HRGOLD_SAEPREMIUMjgfla(source: 24hrgold.com registration required)

Yet with all the real evidence people think that governments are not going to promote stories about fake gold or counterfeit sliver on the market? There is a concerted effort by the central banks of the world to dissuade citizens from holding real money and to trust the fiat fallacies they have been promoting in one last ditch effort to save the flailing economies of the West and pray that the suckers will remain and absorb the soon to be hyperinflationary structure being installed to bail out the financial system and the hundreds of billions of dollars, pounds, euros, and cow dung in obligations! So why not promote stories about collapsing market prices and counterfeits to stymie record demand, it’s the last page in their playbook and all they have left!!!!

If anyone think that the system will survive then of course that individual is at the wrong website. I preach doom because history teaches us that man is prone to greed and failure when solutions based on an alternate reality are attempted. The destruction of retirements, freedom, and purchasing power which will soon follow. It  will make many who are shunning today’s physical prices including the premiums ask the question their grandchildren will demand an answer to also:

Why did I wait so long to think about buying physical gold and silver?

http://johngaltfla.com/wordpress/2013/05/06/as-the-precious-metals-paper-market-manipulates-the-physical-counterfeit-market-expands/

This entry was posted in News, Videos. Bookmark the permalink.
2152
Don't forget to answer the Security Question before you post comment.

7 Responses to As the Precious Metals Paper Market Manipulates, the Physical Counterfeit Market Expands

  1. The sound test: a real silver coin pings rather loud and high pitched whereas a fake one will thud (just the same sound as two copper clad quarters striking each other).

    • Jolly Roger says:

      this is true — real silver will give you a sustained ping like a tuning fork when hit it with another coin.

  2. DEAD MAN WALKING says:

    WAR AND BUBBLES IS THIS COUNTRY’S AND THE FEDS MOST PROFITABLE EXPORT. AND THE LATEST BUBBLE, SILVER IS A CLASSIC. IT GOES FROM $28 TO 50 BACK DOWN TO 22 IN 3 YEARS.WHAT A CROCK , THE CRIMEX SHOULD BE SHUT DOWN AND HELD ACCOUNTABLE FOR AIDING AND ABETTING THESE ILLEGAL MARKET MANIPULATORS. CLASS ACTION ANYONE?

  3. DEAD MAN WALKING says:

    GOING OFF OF THE RAILS ON A CRAZY TRAIN

  4. DEAD MAN WALKING says:

    AND SOME WORDS TO HELP GET YA THROUGH; “PAIN IS JUST FEAR LEAVING YOUR BODY” AND ” IT IS NO MEASURE OF HEALTH TO BE WELL ADJUSTED TO A PROFOUNDLY SICK SOCIETY” AND AVOID MONEX METALS THEY WILL LEAD YOU TO RUIN.AND AS ALWAYS, HAVE NICE DAY

  5. Miguel Grande says:

    Dear Hamilton Police, I will give you $35 each for those 500 coins. If China is not willing to sell silver coins to their own people who are rioting in the streets to buy them at a 40% premium, then these coins must be rare and special. At auction, I might be able to get $75 each. Counterfeiting gold bars with tungsten cores makes financial sense. Counterfeiting silver dollars make no financial sense in less you are a govt propaganda unit trying to protect your worthless fiat dollars.

    • Jolly Roger says:

      “Counterfeiting silver dollars make no financial sense unless you are a govt propaganda unit trying to protect your worthless fiat dollars.”

      Bingo, Miguel…. That’s exactly who I also suspect is behind the counterfeiting, and exactly for that reason.
      It’s the “preventative debasement” of a competing currency.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

What is 8 + 3 ?
Please leave these two fields as-is:
IMPORTANT! To be able to proceed, you need to solve the following simple math (so we know that you are a human) :-)