And as silver spot increases, the rush to the exits will get more desperate. But I don't think the security apparatus will allow silver to float freely. To them, silver might be more important than gold.
Its really amazing how this has gone on for so long. You would think they would just shut it down based on the idea if a few more countries around the world start placing but order they will be up a creek.
The London market has been in a rolling failure since 2022 IMO evidenced by very high lease rates for gold and silver over the last two years. Physical demand ends paper market false price setting.
How much longer do they have do you think?? The demand from China and India with Solar and EV's is insane. Some people think $32.50 is when the paper market shorts collapse causing banks big problems, but if they keep shorting they keep losing control of the physical market. Seems like their greed and crimes has trapped them.
The Kuwaiti Camel Market? I had never heard of that, absolutely brilliant. However I do know about Maurice Strong coming to Perth, Western Australia in the eighties to establish KUFPEC, the international arm of the Kuwaiti Petroleum Corporation. So much seems to happen behind these opaque walls of "international" markets. Globalisation seems to have provided the structures and circumstances for absolute corruption on a truly global scale.
Nothing would surprise me if someone discovered that the LBMA vaults had very little silver in it. If I had any vaulted there I would be chapping on the door asking to see it. I don't trust Bailey one inch.
If they are this low in terms of supply, you would think the people in the gov / defense dept would be freaking out. It's one thing to run out it's another to say...."hey we need more." And you don't just flip a switch. It can takes years and years just to get supply going again.
Trump is promoting sh&$ coin to get votes. The same way harris is telling us that things are better under biden / harris in order to get votes. The American people are not very smart (as a whole). They voted for a guy who does not even know where he is. The dems will also cheat like they did the last time. biden got move black votes than obama...LOL
If your assessment is true it could be the start to a contagious event or something that could switch buyer permanently from London to another exchange
I think there will be widespread default of the paper spot contracts and a suspension of the market in London. Globally, price discovery will very rapidly become physical on a supply/demand basis.
David I am from the east and so this is very frightening as I own derivative contracts, it’s not easy to own physical assets it is the contracts because of various regulations here
Ty david.
And as silver spot increases, the rush to the exits will get more desperate. But I don't think the security apparatus will allow silver to float freely. To them, silver might be more important than gold.
It won't be up to the security apparatus.
A handful cannot stop humanity especially when the fraud by the central planners has been so egregious.
Its really amazing how this has gone on for so long. You would think they would just shut it down based on the idea if a few more countries around the world start placing but order they will be up a creek.
The London market has been in a rolling failure since 2022 IMO evidenced by very high lease rates for gold and silver over the last two years. Physical demand ends paper market false price setting.
How much longer do they have do you think?? The demand from China and India with Solar and EV's is insane. Some people think $32.50 is when the paper market shorts collapse causing banks big problems, but if they keep shorting they keep losing control of the physical market. Seems like their greed and crimes has trapped them.
I agree Oz. Let's watch how it unfolds but the conditions are there for a very rapid unwinding of the paper metal price fix.
Thanks David. Best Wishes mate!!
My pleasure Oz. Enjoy this good quiet days.
The Kuwaiti Camel Market? I had never heard of that, absolutely brilliant. However I do know about Maurice Strong coming to Perth, Western Australia in the eighties to establish KUFPEC, the international arm of the Kuwaiti Petroleum Corporation. So much seems to happen behind these opaque walls of "international" markets. Globalisation seems to have provided the structures and circumstances for absolute corruption on a truly global scale.
We learn that corruption is everywhere. Cheers Justin.
Nothing would surprise me if someone discovered that the LBMA vaults had very little silver in it. If I had any vaulted there I would be chapping on the door asking to see it. I don't trust Bailey one inch.
When the London fraud is fully revealed, I would expect global silver supply to be disrupted for a period.
I wonder who he will blame for it
When the Cat house gets raided, it is the piano player who is taken away!
LOL!
Great article - particularly joing in the Rockefeller dot.
Seems the end is near - I'll be buying even more physical!
If they are this low in terms of supply, you would think the people in the gov / defense dept would be freaking out. It's one thing to run out it's another to say...."hey we need more." And you don't just flip a switch. It can takes years and years just to get supply going again.
Agreed. And they can be freaking yet we don't hear a thing. ;)
Trump is promoting sh&$ coin to get votes. The same way harris is telling us that things are better under biden / harris in order to get votes. The American people are not very smart (as a whole). They voted for a guy who does not even know where he is. The dems will also cheat like they did the last time. biden got move black votes than obama...LOL
Agreed crypto is a scam. As John Paulson of Paulson Funds says, crypto is a limited supply of nothing.
99.9% of it it is. But I consider Monero and its network a legitimate try of a real private secure and decentralized electronic currency system
If your assessment is true it could be the start to a contagious event or something that could switch buyer permanently from London to another exchange
I think the market will flip to direct supply / demand pricing.
Scary thank you for the article
Forewarned is fore armed!
cheers Hoho.
What effect will that have on the paper contracts trading there
I think there will be widespread default of the paper spot contracts and a suspension of the market in London. Globally, price discovery will very rapidly become physical on a supply/demand basis.
David I am from the east and so this is very frightening as I own derivative contracts, it’s not easy to own physical assets it is the contracts because of various regulations here
Have you read details regarding the PSLV, and are you able to own some of it?