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Gold And Silver: Why They Are Important, And Why They Are Often Manipulated

For decades, gold and silver investors have been warning the masses about the catastrophic weaknesses inherent in fiat currencies; currencies backed by nothing but empty promises and printed out of thin air ad nauseum by Central Banks. Precious metals, they said, were the only safe form of currency because they were finite, and could not be duplicated, meaning they could not be inflated to worthlessness. Until recently, these warnings have gone almost completely ignored by the general public.

Critics of gold (often proponents of Central Banks) contended that gold was an unrealistic and outdated foundation for an economy because its limited supply restricted liquidity, and kept a country from being able to “spend effectively.”

Well, America is closing in on the year 2010, and most of us have now had an opportunity to see that “free money” actually has a price.....

CONTINUE ARTICLE HERE: http://neithercorp.us/npress/?p=184

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Excellent artitcle:

Thanks for posting.
It explains things quite well for those of us who, even after a long while of trying to "get it", can finally have a simple minded basic understanding of why things have happened the way they have in the PM markets.
At least that's what my teenager said about it.

I love my country
I am appalled by my government

I love my country
I am appalled by my government

SteveMT's picture

They are manipulated because they are important!

The phrase "go for the gold" is exactly what is being done, now. The NWO doesn't like that one bit.
No one is buying gold with the idea of re-selling anytime soon.
Buy and hold is the only agenda at present.