Max Keiser: "Gold & Silver Markets are Heavily Controlled to Keep the Price Low!" 📉⬇️
Max Keiser discusses how derivatives markets have kept the price of Gold and Silver low to not challenge Fiat currencies controlled by Central Banks. Silver and Gold sells approx. 50 paper oz certificates for every physical ounce in existence. But having no true backing, paper Gold and Silver are heavily traded and keep the price of actual precious metals low. Max also discusses an effort he lead to bankrupt JP Morgan buy buying up the physical Silver, which was unfortunately foiled by the Federal Reserve in the wake of the Gamestop/Robinhood debacle.
Longer Video by Savvy Finance: https://www.youtube.com/watch?v=97y6fLZoDc0
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