Given the leverage of paper to available physical metal in the London market, the potential is for wild market activity in the next few months as demand for both and silver bars squeeze the available inventory. Watch both metals but silver appears to be the weakest link.
David, if the BRICS use gold for "the unit." What will that do to silver? I assume silver will go along with gold? I think the only thing that can break the paper markets are multiple sovereign wealth group coming in and buying as one.
I believe that general buying is stressing the physical paper market in London and that it is headed toward failure due to the extreme leverage. When the spot market fails in one, IMO it will fail in the other as it highlights the ongoing fraud.
Thanks for the reply. I just don't understand why smart big time investors ...those in SLV and GLD don't see the risk they are facing. I know nothing about finance and I figured out real quick that if you don't have the real stuff or use Sprott's funds you are at risk.
Because silver is used for national defense. I would think they (the gov) will step in and restrict things before the paper market brakes. It's not like they are unaware of this shortage.
"... indicate that the gold and silver markets are going to become even more interesting."
-YAY!
Given the leverage of paper to available physical metal in the London market, the potential is for wild market activity in the next few months as demand for both and silver bars squeeze the available inventory. Watch both metals but silver appears to be the weakest link.
David, if the BRICS use gold for "the unit." What will that do to silver? I assume silver will go along with gold? I think the only thing that can break the paper markets are multiple sovereign wealth group coming in and buying as one.
I believe that general buying is stressing the physical paper market in London and that it is headed toward failure due to the extreme leverage. When the spot market fails in one, IMO it will fail in the other as it highlights the ongoing fraud.
Thanks for the reply. I just don't understand why smart big time investors ...those in SLV and GLD don't see the risk they are facing. I know nothing about finance and I figured out real quick that if you don't have the real stuff or use Sprott's funds you are at risk.
Mostly because they feel comfortable and therefore aren't too curious.
Any intermediation between an owner and their assets is going to cause harm in the future IMO.
Because silver is used for national defense. I would think they (the gov) will step in and restrict things before the paper market brakes. It's not like they are unaware of this shortage.