Welcome to Illuminati Silver, we tell you
the truth about silver. Today is Thursday 3rd September 2015 and we
are going to comment on the IMF warning issued today.
Now before we do this, we wish to make a comment. Many people have asked us, why are we producing
these videos? Some have accused us of being part of a New World Order Plot to keep gold
and silver prices down. Others say we are investors trying to talk the price down so
we can buy more at lower prices. Others claim we are imposters just trying to make a name
for ourselves. Well frankly we could be any of the above,
all three or none. We claim we are here to enlighten you. We claim we are here to help
protect you against the pumpers who have lied to you for years. We claim we are here to
help you navigate through the precious metal mine-field and hopefully profit by doing so.
Should you believe us – that’s up to you. We try where we can to quote authoritative
sources. We are bankers, financial advisers, wealth
managers and economists by profession. This does not mean we will always be right, but
it does mean, we don’t have a precious metal company to promote or large stocks of gold
and silver to offload that we have purchased at higher prices. People who say we are trying
to talk the price down are just conspiracy theorists without any sense of logic. Let’s
assume for a moment we manage to obtain 3,000 subscribers and let’s say that we manage
to influence all 3,000 of them not to buy silver at these levels (which we can’t incidentally)
Do you honestly believe that those 3000 people will make a difference to the silver price.
Of course they won’t and that is how ludicrous our critic’s arguments truly are.
So lets get back to the IMF. Published on BBC News today and we quote:
“Chinese stock markets have been falling since mid-June and the government unexpectedly
devalued the yuan on 11 August. Many believed the move was an attempt to make Chinese exports
more competitive. However, US Treasury Secretary Jacob Lew warned
China against manipulating its currency to give its exporters an unfair advantage. “We
are going to hold them accountable,” he told CNBC.
The IMF is also concerned about the impact on global growth if the US Federal Reserve
raises rates later this year. The Fed, which could decide to lift rates
when it meets on 16 and 17 September, should keep its decisions “data-dependent”, the Fund
said that’s the IMF. Analysts at Societe Generale said: “The IMF
clearly doesn’t think raising rates against the modest global growth backdrop is a good
idea.” More broadly the IMF recommended that advanced nations should maintain very loose
monetary policies and “growth-friendly” fiscal policies.
That meant the European Central Bank should extend its asset-buying programme unless inflation
rises sufficiently, the note said.” So there we have it, the IMF wants Quantitative
Easing or QE and does not want the US to raise interest rates. We produced earlier today
a video on this very subject, and we can see clearly, that the rest of the world is putting
pressure on the FED not to raise interest rates later this month.
Now we feel we must repeat our mantra- and it’s this – the world is entering a period
of deflation. Demand is down. This means production has to decrease. Prices will therefore fall.
Like it or not, this will also include gold and silver, and in our view especially silver
as more than 50% of it is used by industry, There is no conspiracy to ‘talk the price
down’ and yes miners will struggle with a lower price, and their first reaction will
be to mine more, to aid cash flow. So all of those pumpers who tell you there will be
a shortage tomorrow are frankly talking through the top of their heads. We hope you have found this video useful.
If so, please give it a thumb up, comment and if you haven’t already done so, please
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Silver Illuminati owners come from a background of Banking, International Wealth Management
and Economics. Having now retired from these worlds we are not qualified to give investment
advice. Therefore, this and other productions must not be deemed to be giving such advice
and merely represent the personal views of its owners.