Something seems amiss. There is talk about all this gold being acquired by central banks and China - where is this a bundance of metal coming from? One might think there are underground tunnels lined with gold and retrieved as needed
On the other hand, silver demand for physical is scarce. The last handful of years shows a supply deficit …
Something seems amiss. There is talk about all this gold being acquired by central banks and China - where is this a bundance of metal coming from? One might think there are underground tunnels lined with gold and retrieved as needed
On the other hand, silver demand for physical is scarce. The last handful of years shows a supply deficit for silver where industry needs more and more each year of the limited mining production.
We also know China does not share information on their silver mining operations or what is acquired, under the table so to speak, from other countries..
So help me understand how silver is valued so low when it is a much smaller market (quantity wise) when it comes to physical availability.
So if gold is that plentiful and silver is that scarce have we been whoodoo'd as to the amount available because a small select group of bullion banks control ETF paper silver to the tune of about 370 to every 1 physical Troy ounce if silver. I would say that is leverage to control the much smaller silver market.
When the game of musical chairs ends, those 370 to 1 odds will be a startling kick in the teeth to those ETF paper holders. Is the physical silver quantity much smaller than we are led to believe?
Something seems amiss. There is talk about all this gold being acquired by central banks and China - where is this a bundance of metal coming from? One might think there are underground tunnels lined with gold and retrieved as needed
On the other hand, silver demand for physical is scarce. The last handful of years shows a supply deficit for silver where industry needs more and more each year of the limited mining production.
We also know China does not share information on their silver mining operations or what is acquired, under the table so to speak, from other countries..
So help me understand how silver is valued so low when it is a much smaller market (quantity wise) when it comes to physical availability.
So if gold is that plentiful and silver is that scarce have we been whoodoo'd as to the amount available because a small select group of bullion banks control ETF paper silver to the tune of about 370 to every 1 physical Troy ounce if silver. I would say that is leverage to control the much smaller silver market.
When the game of musical chairs ends, those 370 to 1 odds will be a startling kick in the teeth to those ETF paper holders. Is the physical silver quantity much smaller than we are led to believe?
You be the judge.
I wish you well.