Bob Chapman explains how the Silver Market is manipulated

Bob Chapman the FED is owned by private banks some of them are foreign , and the government is controlled by the banks that own the FED , they want you to leave the physical market and go to the traditional paper market and SLV , GLD ....



Bob Chapman : I happy that our government is knocking the price of silver down ...they ( the brokers ) are discouraging investments other than in SLV and GLD and of course in commodities and that's because it's leveraged and they make more commissions , and they don't care whether SLV and GLD go bankrupt or not . The government is controlled by the owners of the FED , they want to get people back to the traditional paper market ....last week silver margins were increased by the CME twice by twenty percent today they raised them again by another thirty percent , which is a psychological factor in this market because most of the people in the market are big hitters , they don't buy three of five contracts they buy three hundreds or five hundreds or three thousands or five thousands that's the kind of market this is ....the CME owns the COMEX and so they are the ones who make the rules and these rules come from the treasury department and of course these people in the exchanges very well know that ..it's easy to identify what they are doing if you've been in the brokerage business for 29 years like I was says Bob Chapman of the International Forecaster , the FED is owned by banks Europeans as well as Americans the biggest share holder is JP Morgan Chase followed by City Group and Goldman Sachs and a host of others and some of them are foreigners , the government is controlled by the owners of the FED they control the treasury


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) , Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)