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    On January 28th, there were reports were that the London Bullion Market Association (LBMA) electronic “silver fix” failed for the first time in recorded history. The LBMA is seen is generally seen as the final authority on the “spot” price of gold, silver, platinum and palladium.

    However, late last week, the market apparently ignored the artificially low spot price set by the banks, leaving traders of bullion and derivatives in a state of disarray.

    Ole Hansen of Saxo Bank was quoted by Reuters saying that, “This could be the end of the fix.”

    SGT’s Shawn asks, “Have the criminal banks involved in the daily price fix finally lost control?” 

    On thing is certain, the silver market should be interesting this week!

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    Alexandra Bruce

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    4 comments

    • What’s gonna happen is, they crash the dollar/system, come out with a new currency, set the exchange rate like they do gold/silver and the charade continues.
      A lot of us are asleep, it’s not gonna be pretty. So sad we are still infected with people/egos that would harm so many of us just for gain. Help your neighbors.

    • Wait til u see the new TRN dollar which will be backed with gold replacing the FRN dollar under the TPP Trade immediately upon release to get the best transfer rate. The longer you wait the worse it will get. New RV (Reserve Value) codes are in holding in the international financial market

    • Fascinating!xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

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