CENSORED ON WSS - SLV scheme is collapsing! This is why they changed the prospectus in 2021 squeeze
It's all hype until spot takes off and accelerates.
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Analysis.
Still large moves of metal into GOLD and also SILVER vaults. First "decrease" of spot contracts for silver and gold, in a LONG time. I missed todays volumes, but spot volume looks very high tonight for tomorrow's trades.
The Dawning Of Central Banker Fear With Realization Leased Gold Is Not Coming Back
Metal Lease Rates Blowing-Out In London & NY - Physical Demand Is Lifting The Veil On Extreme London Gold & Silver Leverage
The crazy thing is gold never gets used up. It just trades hands. Silver on the other hand gets used up in quantities that make it uneconomical to reclaim and recycle. That means a silver shortage would really create massive price pressure.
Spot gold right now is closer to $2900 then $2800. Someone is hoovering up gold like crazy.
UK has a real questionable liberal government in charge. Talking taxing wealth and income. Could the really big UK gold holders be saying screw that I’m moving to Trump land? Maybe.
COMEX GOLD continues into the vault at a very high rate, just shy of 1 million oz again on Friday (304 tonnes in). 11 tonnes moved to registered. Now silver is also becoming quite active in trading and the vaults-3.3 million oz into the vaults and more silver contracts accumulated that gold.
Third day in a row of all time high. Come on silver your turn.
Houston we have lift off.
Missed the boat, negative +50 - coulda loaded up!!
Will the silver guru's apologize for being completely wrong over the past 3 days?
Trade war is on!
$32.96 per ounce. 1.5 oz Canada Sovereign. Buy now so you won’t have to whine tomorrow if price spikes.
Bank of England Governor Andy Bailey Dismisses Importance Of Gold; Sprott Money's Andrew Sleigh Gives Insight Into The Global Gold And Silver Shortage
Ruh Row. Someone is now concerned.
Gold broke the all time high yesterday at $2780. $2800 was blown by and it’s still steam rolling. Giddy up.
Right now silver March silver futures is $1 over spot. What does this mean? Think of it as a lease $1 to borrow one month. Math: $1 / $31.60 spot = 3.165% for one month. Annualized 3.165% * 12 =37.98%. Why are they paying 38%? Because they are screwed. This is stress * 1000. Better get some physical
Massive first day delivery. JPeePee Morgan coughs up 1.5 million ounces.
Gold hits all time high, crushes it. Meanwhile silver is dragging its ass. When silver moves it will rocket. It needs at least $60 to be where gold is now. Giddy up. Don’t even get me started on the miners…
I remember.... at least I think I do......
