Tuesday, December 20, 2011

SilverDoctors' Archives: Gov't Has Been Officially Manipulating Silver Since 1964

SD reader Mammoth has submitted a clipping of the 1963 AP article announcing President Johnson's plan to demonetize silver.
Notice the gov't stated they would circumvent Gresham's law by fixing the price of silver at $1.29 an ounce, which would be effective at preventing the hoarding of silver.
Yup, that sure worked out well.
Study history and you will know what to expect when the gov't soon demonetizes nickel and copper.