IMHO both physical gold and physical silver ,, are in extremely short supply relative to the paper derivative contracts written thereon. Many in the industry are starting to better understand that very little physical gold is traded on the lbma - as I understand it is essentially a paper ponzi scheme with maybe about 5% physical gold/silver backing...
Read http://truthingold.blogspot.com/2011/04/hey-university-of-texas-investment.html
Not sure that I would be game enough to trade silver but many experts are suggesting the silver price will reach 3 figures near term.
Which is all well and good for NCM
what is happening is silver, page-2
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)