Can Silver Bring the Financial System to Heel?

Posted by on March 22nd 2012 in CFTC, China, Federal Reserve, GATA, General Economy, Gold, India, JPMorgan, Monetary Policy, Quants, Short Sellers, Silver, Ted Butler, U.S. Congress, Wall Street | Be the first to comment!

In a new video, silver analyst David Morgan calls silver the Achilles heel of the financial system and argues it has an advantage over gold because it’s not held by central banks.  He sees the monetary aspects of silver “coming to the fore, more and more,” citing new state laws and silver-as-money advocates like Hugo Salinas-Price, and explains why he believes that “the physical silver market has much more power than the paper market.”  Morgan also lauds blogger BrotherJohnF for his “Bernanke Busted” video on Rep. Ron Paul grilling the Fed chairman about silver.

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