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Comment by Locutus on April 26, 2011 at 3:13pm

Just some ramblings about this video.  Great video by the way

Two interesting mainstream media news blurps of truth. What Goldman Sachs and others have done with the agricultural commodities so to have they have done with precious metal commodities (particularly the paper future markets COMEX) there is more paper gold/silver than actual physical gold/silver.  When this correction occurs the price for physical will skyrocket. This in conjunction with the continued devaluation of the dollar as Ratigan says is in large part to the FED printing money to stabilize our economy. This effect will continue to propel prices for commodities higher.  The scary thing is prices of food/energy are skyrocketing but our wages are not.  This makes for a very desperate situation for many of us. Don't worry about short term fluctuations in the price of silver/gold, think of the next year or two instead.  The dollar may strengthen for a few months after June if the FED discontinues its Quantitative Easing (QE II) program.  What this program is designed to do is print money to buy treasuries from the megabanks who have been incentivized by the FED's policy of QE2 to buy these treasuries from the U.S. govt. and sell them back to the FED.  The FED used to be the buyer of last resort but now is the major buyer of our debt because China, Japan and others like them see the writing on the wall.  The longer they hold these treasuries, thanks to the inflation of money supply, the less valuable they become.  They see buying and holding treasuries, now, as a liability; not profitability.  

here is the other video I referenced