Debt Rattle February 2 2021

 

Home Forums The Automatic Earth Forum Debt Rattle February 2 2021

Viewing 28 posts - 1 through 28 (of 28 total)
  • Author
    Posts
  • #69189

    MC Escher Relativity 1953   • Is Robinhood The Devil in Sheep’s Clothing? (Neville) • Physical Premium To Paper Hits Record As Silver Market Tear
    [See the full post at: Debt Rattle February 2 2021]

    #69190
    V. Arnold
    Participant

    The vid, “This so Real” is exactly what I am feeling now!

    MC Escher Relativity 1953

    The Escher is dated; while extraordinary; just lavking in the world we actually inhabit…

    #69191
    Basseterre Kitona
    Participant

    We’re all hostages to these companies now. No-one talks about boosting your immune system, or getting fitter, natural defenses are not done.

    • How To Redesign COVID Vaccines So They Protect Against Variants (Nature)

    We are only hostages if we want to be. But the first thing is to realize what these mRNA “vaccines” are up to. They are designed not so much as a traditional vaccine but rather an “operating system” or os (no wonder Bill Gates is involved) with the idea that once the start tinkering with your DNA then they can keep tweaking for whatever the latest crisis ailment is as reported on the news. Some real Frankestein BS.

    Moderna flat out admits these on their own website where they describe the “operating system”:

    https://www.modernatx.com/mrna-technology/mrna-platform-enabling-drug-discovery-development

    Enabling Drug Discovery & Development
    We built Moderna on the guiding premise that if using mRNA as a medicine works for one disease, it should work for many diseases. And, if this is possible – given the right approach and infrastructure – it could meaningfully improve how medicines are discovered, developed and manufactured.

    Our Operating System
    Recognizing the broad potential of mRNA science, we set out to create an mRNA technology platform that functions very much like an operating system on a computer. It is designed so that it can plug and play interchangeably with different programs. In our case, the “program” or “app” is our mRNA drug – the unique mRNA sequence that codes for a protein.

    And naturally the Bill Gates Microsoft OS is notorious for being released half-baked and then trying to patch up later. It baffles the mind that they think he should be the global face of these “vaccine” effort. I’d feel a lot better if Steve Jobs were the billionaire behind this effort because at least he was competent.

    In the meantime, no way I am subjecting myself to the mRNA vaccine madness. And I am doing my best to inform everyone about the risks too.

    #69194
    Dr. D
    Participant

    “Secretary of State Blinken ‘deeply disturbed’ by Russia’s crackdown on protests” –MSNBC

    O M G is there anything you can say anymore?

    Locked in the ego-chamber and can’t breathe. Quick, get a mirror!

    So…did Russia arrest them for treason and openly prosecute their Congressmen, or what?

    https://m.youtube.com/watch?v=l1DktydhIAs NSFW. You know…Dore.

    Censorship is an equal-opportunity adventure. Establishment vs all; left, right, and center. The Citadel vs the people.
    Then they went on from silencing Socialists to silencing JCN Main Street. i.e. “everyone”. If you didn’t notice.

    What traders like Armstrong point out is that the Short Funds should be sued to the moon for failing fiduciary duty. So Mr. Hedge Fund, you looked at this trade, saw it was already over 120% short of all stock in existence, AND YOU DECIDED TO JOIN? Up to 140%? No wonder you lost: you’re the dumbest guy at the table. That’s reckless beyond belief. You’re telling me there were NO other, safer shorts anywhere in the whole system? No: what they’re saying is, they put on shorts, THEN MANIPULATE PRICE DOWN with market-rigging insider-trading. Totally illegal. Which is how a bunch, or most of these disasters happen, like LTCM. And now their crime was prevented and we’re supposed to see them as the good guys?

    Media is outrageous, even for them, blizzard of WSB Silver articles, CNN, NY Post, NBC, 100% of major networks. Guess what? TOTALLY FAKE. HereLetMeGoogleThatForYou.com, if ANY reporter in ANY magazine ANYWHERE, EVER, clicked on Reddit, #1 article, top front = “WE at WSB are not shorting silver. No one here ever said that, today or ever. CNN please cease and desist: You’re fake news.”

    So here’s another 5 million people finally seeing how appalling, total, complete #oppositeland lies the entire media is, soup to nuts. When it was just Trump, they’d say, “yeah, but OMB, even if it’s a lie, it’s probably true.”[sic] Today it’s THEM, they’re the villains, the White Supremacists, the Seditionists, for having an opinion on stocks and winning a trade. Can we wake up now, you 5 million, 10 million? Half of you are on the left. How does it feel to have your boards slandered, censored, you attacked and purged? Is this a good thing for America, or bad? “Welcome to the Party” – Pop Smoke

    That doesn’t make my diagnosis of silver as the weak link untrue. However, it’s the most rigged market on earth with huge underlying infrastructure. Citadel, the fund in the sling, reportedly is long SI right now, probably from the recent rise, although we’re near the top. I cannot prove this. If so, piling in would help this one bacon who needs saving. Also don’t know WHAT they’re thinking reporting since Silver is not a stock and can’t be traded on RobinHood so where would they even buy? The closest is SLV, which is a metal-free paper scam. Nevertheless, if I wanted to follow the premise of the GME Rebellion, this would be a top target. Note 18% silver-to-paper premiums are nothing. This happens regularly because CME silver hasn’t been a market in decades, but a scam. No matter how high premiums have gotten, or if there is a worldwide shortage, the underlying market price never changes.

    “executive orders … can, with a new chief executive, be immediately revoked.”

    No they can’t. Not if they’re Trump. O-man set immigration policy on DACA over the opposition of Congress. Supreme Court said if an executive sets policy, the same executive therefore can’t reverse it. …If the court doesn’t like it. That’s law! You’re not allowed to un-say things without Derp State permission. You have to like all rules BEFORE we say them. You have to like ONLY the stocks we like, and hate the stocks we hate. OR ELSE. Or else prison. Suck it, peasants! Rabble. (they literally have been using this word) Submit or die.

    Donald Trump didn’t so much love the spotlight as he sought to totally consume it.”

    Not really. WikiLeaks clearly said HRC forced/demanded the media cover Trump 24/7 on her behalf as a personal favor as part of her “Pied Piper” campaign. Later, they covered him in an idiotic, counter-productive attempt to tar and cripple him. Gentleman: all press is good press. All attention is power. YOU gave him this power. He could in no wise, by no means take it unless you ceded it to him. And YOU did, not him. You’d think they’d learn a) since it didn’t work for even one minute in 5 whole years and b) when they REALLY want someone to disappear, they ignore them. Like Ron Paul. Or similar attempt with Bernie Sanders. …You know, the well-known white supremacist and KKK member (yes, this was actually reported, many times).

    But it’s Trump’s fault. OMB. He MADE you put your fingers on the keyboard and press “enter”. You’re just helpless wittle wictims cwying “fweedom.” Uh-huh. I’m sure he “craves” 1825 days of death threats and slander that will get his family murdered. Some men are funny like that.

    “Trump’s statement on his impeachment legal team over the weekend referred to him as the ’45th president”

    Um, I know to reporters math is like garlic and holy water, but he IS/WAS the 45th President. That happened in 2016. It’s the 57th(?) election because many had more than one term, particularly FDR. We generally – and confusingly – use “President” to refer to both existing and past Presidents. Wish they wouldn’t, but perhaps this reporter has heard of it since it’s been true all his life?

    “Trump caused an uproar during his 2017 meeting with Russian Foreign Minister Sergei Lavrov.” Etc. Aaaaand the President is not ALLOWED to negotiate with foreign powers? He does NOT have the power to position, hold, or release information to the public or others? No: we all know – take it for granted, like this reporter/mouthpiece – that only the Derp State runs all the Executive and military. The President sleeps in a corner, shut off and silent, like the Presidents at DisneyLand.

    Oh wait: he DOES have that authority? Then he executed it legally, as the people elected him as their representative to do. Shut your pie-hole, you embarrassing ignoramus.

    Wes, Burma: Setting the stage, methinks. And they were simple, in Army-humor fashion, instead of arresting the bunch, they quietly built the prison around them. Some can appreciate a joke, but it’s not over ‘til the punchline.

    Again with HereLetMeGoogleThatForYou.com, doesn’t Gates & co own a patent on what is essentially micro-tattooing? That is to say, what is essentially chipping the herd? Only difference is for now the chip is in the barcode reader and not the epidermis. Don’t worry: he just SAYS it isn’t true and Lo! It isn’t. Reality-optional. Or in media: reality-free.

    For upcoming: “Massive Chinese Buying Spree Sends Corn Prices To Highest Since 2013”

    They still have crop-ending floods and the dam is still in danger of collapse. Who can save them? The U.S. That’s it.

    What did I say about Saint Fauci only yesterday?

    A Week After Saying “Wear Two Masks”, Fauci Says It “Won’t Make A Difference”

    “Science™! We make s—t up!”

    And that’s an hour after this story: “Medical Tyranny: CDC Announces All Travelers Must Wear Two Masks, Threatens Arrest”

    Is that why we have “laws” which are proposed and debated in legislature and signed by the executive? So the process will be slow – difficult and even VERY slow — so you can tell from hour to hour what the rules are? Not for the Morning Star. I’m special and different. Rules don’t apply to me. Reality is whatever I say it is. One lie leads to all lies. Any truth leads to all truths. Therefore truth, reality, is my sole enemy.

    #69195
    John Day
    Participant

    Allegiance To Cancer https://www.johndayblog.com/2021/02/allegiance-to-cancer.html

    “You can’t talk about hope if you can’t see reality.
    Reality’s pretty bleak, but that’s the starting point.”
    Chris Hedges
    American Psychosis, short video. Thanks Jeremy

    ​ ​Senate Republican leader Mitch McConnell on Monday issued a tacit rebuke of controversial Rep. Marjorie Taylor Greene, slamming the Georgia Republican’s “loony lies and conspiracy theories” as a “cancer” for the party.
    ​ ​”Loony lies and conspiracy theories are cancer for the Republican Party and our country,” McConnell said in a statement. “Somebody who’s suggested that perhaps no airplane hit the Pentagon on 9/11, that horrifying school shootings were pre-staged, and that the Clintons crashed JFK Jr.’s airplane is not living in reality. This has nothing to do with the challenges facing American families or the robust debates on substance that can strengthen our party.”​ ​ (Or maybe that’s exactly what it has to do with, Mitch.)
    https://www.cnn.com/2021/02/01/politics/mcconnell-marjorie-taylor-greene-cancer-republican-party/index.html

    ​ ​In 2006 Loose Change, a 70 minute 9/11 Truth documentary was the most watched download ever on YouTube.
    Now you can see a 1 minute trailer and a lot of articles about how it dangerously-misinformed a generation (who believe things like a high-penetration cruise missile hit the Pentagon where the Office of Naval Intelligence was investigating the missing trillions of dollars that Rumsfeld had just mentioned, and that WTC-7 fell into its own footprint in free-fall time, from fires in some wastebaskets, er, from controlled-demolition, and so on).​ I still recommend it. Mitch McConnel does not recommend it. It’s “cancer”.​

    ​ ​With lower energy consumption, many things tend to go wrong at once: The rich get richer while the poor get poorer. Protests and uprisings become more common. The poorer citizens and those already in poor health become more vulnerable to communicable diseases. Governments feel a need to control their populations, partly to keep down protests and partly to prevent the further spread of disease.

    2021: More troubles likely

    ​ ​We report three major and confronting environmental issues that have received little attention and require urgent action. First, we review the evidence that future environmental conditions will be far more dangerous than currently believed. The scale of the threats to the biosphere and all its lifeforms—including humanity—is in fact so great that it is difficult to grasp for even well-informed experts. Second, we ask what political or economic system, or leadership, is prepared to handle the predicted disasters, or even capable of such action. Third, this dire situation places an extraordinary responsibility on scientists to speak out candidly and accurately when engaging with government, business, and the public. We especially draw attention to the lack of appreciation of the enormous challenges to creating a sustainable future. The added stresses to human health, wealth, and well-being will perversely diminish our political capacity to mitigate the erosion of ecosystem services on which society depends.
    https://www.frontiersin.org/articles/10.3389/fcosc.2020.615419/full

    #69197
    Mister Roboto
    Participant

    Here’s the Zero-Hedge article about silver boiled down to its “brass-tacks” essentials for finance-dummies like me: There are two different kinds of precious metals markets, one in which the actual metal (usually gold or silver) is actually bought and sold; the other one is where paper pseudo-assets that are notionally based on the actual metal, are moved around in such a way as to create an illusory “spot-price” for the metal in question that benefits a small subset of big-time players in the financial markets. The purchasing-frenzy of actual physical silver is precipitating a schism between these parallel markets, which if it happens, will have consequences nobody can entirely predict but will probably be pretty major. But for now, maneuvers in the more notional of the two markets are keeping the price of silver suppressed.

    #69199
    Polder Dweller
    Participant

    Would somebody be kind enough to explain to me how none of Trump’s election fraud suits ever got heard in court? I understand that one minor one was heard (and was successful?) but that all the others got thrown out due to protocol errors. How could that be possible with high-flying lawyers like Powell? Was it all just garbage that they submitted?

    #69200
    Mr. House
    Participant

    https://www.msn.com/en-us/news/politics/ocasio-cortez-reveals-past-sexual-assault-faults-gop-over-riot/ar-BB1dj2id

    Only my feelings matter. The people who had burning cities all summer, they’re bad people so their feelings don’t matter. That sums up the modern day “left”. We can attack you, but you aren’t allowed to fight back. Sigh.

    #69202
    Doc Robinson
    Participant

    • COVID19 Vaccine Developers Ask SEC to Help Keep Price Setting Secret

    Reminds me of how Africans are being charged nearly 2.5 times more than Europeans for the same vaccine.

    South Africa paying more than double EU price for Oxford vaccine
    https://www.theguardian.com/world/2021/jan/22/south-africa-paying-more-than-double-eu-price-for-oxford-astrazeneca-vaccine

    Belgian minister tweets EU’s Covid vaccine price list to anger of manufacturers
    https://www.theguardian.com/world/2020/dec/18/belgian-minister-accidentally-tweets-eus-covid-vaccine-price-list

    #69203
    zerosum
    Participant

    https://www.theguardian.com/world/2020/dec/18/belgian-minister-accidentally-tweets-eus-covid-vaccine-price-list
    This is the list of what the EU is paying:

    Oxford/AstraZeneca: €1.78 (£1.61).
    Johnson & Johnson: $8.50 (£6.30).
    Sanofi/GSK: €7.56.
    Pfizer/BioNTech: €12.
    CureVac: €10.
    Moderna: $18.

    he UK, like the EU, has paid a considerable amount of money up front to help in the development of a number of vaccines that may or may not work, including AstraZeneca’s, so the final prices for those will be lower. However, it did not support Pfizer/BioNTech nor Moderna, so will be left with a high price tag for those vaccines.

    The United States has paid higher prices than Europe. Bernstein Research, an analysis and investment firm, calculated that the EU has a 24% discount on the Pfizer vaccine compared with the United States. Part of the reason may be that Europe helped fund the original research by BioNTech.

    The US will pay $4 a dose for the Oxford/AstraZeneca vaccine under development, compared with the EU price of €1.78, which is 45% cheaper, according to Bernstein.

    At the other end of the scale, Moderna’s vaccine, developed in Cambridge, Massachusetts, with $2.5bn of funding and orders from Operation Warp Speed, will cost 20% more on the European market – $18 a dose compared with $15 in the US.

    #69207
    Mr. House
    Participant

    I found this to be an excellent take

    When two parties attempt to negotiate a deal, the starting assumption is both sides actually want a deal. That is not always the case, but if one side thinks the other side is not coming to the table in good faith, they are wise to break off negotiations. For starters, they are wasting their time, since there is no deal to be had. Second, a party that starts a negotiation with a lie is going to keep lying. If you cannot trust anything they are saying, or their intentions, you cannot reason with them.

    A simple example of this is car buying. When a person walks onto the lot, the salesman is trained to look for the signs that the person is just a tire kicker. He may profile him based on his appearance. A young guy looking at expensive sedans is probably not a serious buyer, for example. He will ask questions to determine if the person is serious about buying a car and willing to entertain an offer. The point is, he is determining if the other side is open to reason and ready to bargain in good faith.

    This is the heart of any negotiation. Both sides have to start with the belief that the other side is amenable to reason and is bargaining in good faith. They may have different goals and very different ways of negotiating, but both sides have to be open to reason and come to the table in good faith. In other words, both sides want to find a deal that satisfies both sides. Otherwise, both sides are just wasting their time and perhaps harming their own interests in the process.

    This is also the basis for popular government, which is nothing more than a long public negotiation. The various interests in a society have their goals regarding the issues they see as important and they work the process that is setup for hashing out the particulars and promoting their case. The public is both the referee and a counterparty. They make their voice heard throughout the process. The politicians are the hired negotiators, tasked with hashing out a compromise that satisfies the majority.

    Like the simple deal between two parties, the democratic process relies on all sides being reasonable and operating in good faith. Sure, there are always bad actors trying to fool the public or game the process. The system, through elections, debates, public hearings, and investigations, is supposed to flush out the bad actors or at least correct what they have done after it is discovered. It may not be pretty, but the point is for reasonable people acting in good faith to reach a compromise.

    What happens when the parties are not open to reason and they are not operating in good faith when they bargain? In a business negotiation, this often results in one side or the other breaking of negotiations. One side sees that the other is lying or up to shenanigans, so they stop wasting their time. This happens a lot, so firms train their people to look for the signs, so they do not waste their time. The most valuable commodity is time so you cannot waste it on bad deals.

    In a democratic system of government, there are supposed to be rules to punish those who do not argue in good faith. Politicians who take bribes, for example, are removed from office and sent to prison. Interests that misrepresent themselves or defraud the public see their interests destroyed as a way to discourage the practice. There are laws that allow the media and the public to examine the claims of the various parties in order to root out corruption and deception. That is the theory, leastways.

    That is clearly not where America is right now. Liberal democracy has evolved into one giant game of liar’s poker. Much like the financial markets, the big players in the system no longer have respect for the spirit of the rules. They never come to any deal in good faith and they are never open to reason. They want to “win” the deal by getting all of what they want at the expense of the other parties. In modern liberal democracy, no one is acting in good faith and no one is open to reason.

    It is not just the big interests gaming the system. The system itself has been gamed to the point where only a sucker operates in good faith. The politicians, instead of operating as brokers and negotiators, are middlemen facilitating the looting of the system by the big players. Public debate is now a game of shadows, because the mass media lies about everything and is always pushing an agenda on behalf of the big players or their politicians working on their behalf.

    Of course, the old adage about always knowing who the sucker in the room is when in a room full of sharps applies here. In the great hall that is where negotiations happen in a liberal democracy, the monied interests, the politicians, the media, and the shadowy players of the permanent ruling class put on a negotiating show. The public, until very recent, was never sure who was being conned by the grifters. As the saying goes, they were always the sucker in the system.

    This is the heart of the current crisis. The reason the financial markets keep needing bailouts is because everyone inside that system is a liar. No one comes to a deal in good faith and no one is willing to reason with the other side. Everyone is trying to take advantage of everyone else. In a system of zero social trust, entropy is inevitable, which in human systems means collapse. This is why the financial markets careen from crisis to crisis, needing bailouts from the public.

    Liberal democracy is mirroring the financial markets. This makes perfect sense, as the entire culture has been financialized. Republican virtue was removed from the official system long ago. What remained of it with the general public went away with the events of the last few years. America now finds itself in a world where no one acts in good faith and no one is open to reason. We have reached the point where we need a bailout, but there is no bailout for a liberal democracy that fails.”

    #69210
    Bill7
    Participant

    ‘Sweden’s figures DO show that lockdowns are a crime’:

    “For a large part of 2020 anti-lockdown proponents argued that Sweden’s death figures showed that Covid-19 wasn’t anywhere near as dangerous as the lockdown fanatics were making out. Such claims were met by an avalanche of trolls who shouted “WHAT ABOUT NORWAY” and “SWEDEN IS A DISASTER AREA”. The trolls’ angry shouts led people to believe that Sweden, whose scientists refused to follow most of the rest of the world in requiring lockdowns and social distancing and masks, was a killing field, with mass deaths caused by murderously reckless scientists.

    Even six months ago an objective look at Sweden’s figures showed this take to be arrant nonsense. Their all-cause death numbers over spring (the worst months for Covid), were completely normal by the country’s historical standards, and nowhere near even being the worst months in the last few decades for Sweden, let alone in the last hundred. Here, for example, is a graph showing that the period January to April in Sweden was completely normal when compared to the same January to April period in the past thirty years..”

    Sweden’s figures DO show that lockdowns are a crime

    Meanwhile, lockdown-caused deaths of despair continue to escalate.. mission accomplished!

    #69211
    Huskynut
    Participant

    @John Day
    Re: the Loose Change video, I just received/watched the new video Seven around the WTC7 collapse, put together by the Architects and Engineers for 9/11 truth.
    It’s very well put together – in contrast with Loose Change (which covered a lot of ground in a sort of once over lightly), it’s sober, careful and tightly focused on the U of A modelling of the WTC7 collapse.
    Sadly, I doubt it’ll change many new minds.

    #69212
    Doc Robinson
    Participant

    @ Polder Dweller

    With just hours to go before President-elect Joe Biden’s inauguration, Trump ally Sidney Powell dropped her remaining challenges to the presidential election results in Georgia.

    Powell on Tuesday requested that the Supreme Court dismiss a case that she had appealed up to the high court in December…

    Powell’s requested dismissal of her case in Georgia is puzzling. Has the Trump team given up or is there some other reason Powell requested the case be dismissed?

    https://www.conservativenewsdaily.net/breaking-news/sidney-powell-asks-supreme-court-to-dismiss-her-case-from-georgia/

    I’m guessing that instead of standing up to the system, Trump made a deal to go quietly to avoid impeachment conviction and to have the federal prosecutors go easy on him and his family.

    #69213
    Dr D Rich
    Participant

    Si = silicon
    Ag = silver
    Au = gold

    #69216
    Polder Dweller
    Participant

    @ Doc Robinson

    Thanks for the reply. That Trump made a deal seems plausible, especially if it became obvious to him that he could get nowhere in the courts. Still it begs the question of what power and what leverage was used to dismiss all these cases so easily. It’s hard to comprehend.

    #69219
    Mr. House
    Participant

    “The market structure has been stripped of actual market dynamics, leaving it exquisitely fragile and brittle.”

    This fits with the last post i made. It’s all the same, institutions, society, needs truth, and if people feel the truth is not being told they lose their minds. Exactly what we’ve been seeing the past 12 years. Until the truth returns, and it won’t be welcomed, this will get worse.

    https://www.zerohedge.com/markets/our-fragile-brittle-stock-market

    #69224
    WES
    Participant

    As for the Reddit/Robinhood crowd, their effect on silver ends with a whimper.
    It is as if they never existed!

    #69226
    WES
    Participant

    As for dr Fusci, the only thing you can count on for sure, is if his lips are moving, he is lying!

    #69227
    WES
    Participant

    After FDR died, congress passed a new law limiting future presidents to just 2 terms.

    I have to wonder if congress was motived by their desire to prevent future presidents from being able to interfere with their corruption enriching schemes!

    #69228
    WES
    Participant

    The nice thing about BLM, for the Dems, is they only burn and loot black neighborhoods!

    An earlier version of the Dems, created the KKK.

    Nice bunch of hypocrites!

    #69229
    Mr. House
    Participant

    https://www.zerohedge.com/political/embattled-pennsylvania-secretary-state-resigns-after-botching-state-election-law

    Something is not right with this story. She’s resigning due to a botched amendment? In this day and age? Doesn’t pass the smell test.

    #69230
    WES
    Participant

    Trudeau has finally decided to build a new vaccine manufacturing plant in Quebec that will be ready to produce vaccines by early 2023. Late is better!

    #69231
    WES
    Participant

    Mr. House:

    Since this is a Dem on Dem thing, she probably forget she is a women. You know how Dems are about women knowing their proper place.

    #69232
    Mr. House
    Participant

    If you guys haven’t seen this, it was interesting:

    https://market-ticker.org/akcs-www?post=241470

    #69233
    WES
    Participant

    Did you know that the White House press Corp now have to submit any questions they want to ask, ahead of time?
    This is to help manage the media narrative being engineered.

    #69235
    Germ
    Participant

    Wes – “As for the Reddit/Robinhood crowd, their effect on silver ends with a whimper.
    It is as if they never existed!”

    Not quite Wes. Sales of physical silver have actually exploded.
    But supply and demand of physical silver is NOT what determines the price of this particular commodity.

    https://www.reuters.com/article/us-usa-precious-coins-demand/gold-silver-coin-demand-surging-straining-u-s-mints-capacity-idUSKBN2A22Y6

    Premiums have exploded – try buying a real ounce for under $30. Not possible.
    https://www.apmex.com/product/196100/2020-1-oz-american-silver-eagle-bu

    #69236
    WES
    Participant

    Germ:

    First the only premium for silver that has exploded is that to buy silver coins from coin dealers. Only silver coins are in short supply!

    There is no shortage of silver bars. There is also no shortage of paper silver!

    Silver coins are but a tiny tiny fraction of the physical silver market!

    Most physical silver is bought in large bars like 400 ounce bars or larger. JP Morgan has 1 billion ounces of silver in its warehouses. But they won’t part with it because they know it is worth far more than $26.50!

    Raise the silver price high enough and you will be swimming in silver!

Viewing 28 posts - 1 through 28 (of 28 total)
  • You must be logged in to reply to this topic.

Sorry, the comment form is closed at this time.