MMA 4.55% 23.0¢ maronan metals limited

Well its all about creating the illusion of plentifulness isnt...

  1. 309 Posts.
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    Well its all about creating the illusion of plentifulness isnt it.

    we wont get gradual advanced warning that its running out.

    as long as they can say there are not massive premiums on physical silver they can say its plentiful. So they make sure that in the eyes of retail there is enough. So places like the Perth Mint they make sure there is enough because they are places which get the most scrutiny from silver stackers. But its an illusion. You look beyond the perth mint to places like indonesia, vietnam, china, india Japan and you will see that its getting higher premiums and harder to find, and more fakes too.

    anyone in Japan go and check out bookoff/hardoff. Last year I could get 925 for less than 100yen per gram. Now you cant pay less than 300yen per gram. My local guy who used to think I was crazy for buying silver off him at 120yen per gram now says the price is 135yen per gram but he has a fixed buyer in place and he wont sell to me. He wouldnt even bargain with me. Check the op shops in Aus. Very hard to buy 925 for value now.

    bank of america, jpmorgan, citi, hsbc, blackrock all those powerful parasites like to keep the fomo in check so they keep repeating the mantra that silver is in high supply. Just scratch the surface.
 
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