If silver goes through $US35 (currently $US31.80) then we can assume that the shackles, imposed upon the commodities markets, have been broken, probably due to the excessive use of Gyro Gearloose's debt machine.
The US is currently printing an extra trillion dollars in debt, every three months, plus..'A record $8.9 trillion of government debt will mature over the next year. The government budget deficit in2024 will be $1.4 trillion according to the CBO, and the Fed has been running down its balance sheet by $60 billion per month.
The bottom line is that someone will need to buy more than $10 trillion in US government bonds in 2024. That is more than one-third of US government debt outstanding. And more than one-third of US GDP.'
This means that gold has nothing but clear air above, and the shackles on the goldies, such as NST, will also be thrown into the dustbin!
A comment from Austria.'Information in our local newspaper, big adverts, several jewelers write, I pay EURO 81. per gram, bring granny's old wedding ring, grand pa's old rolex and other gold or silver and I pay cash.. Gold in Vienna, Austria is 70 Euro per gram or 70000 per ks.... so why a 22% premium? It gets worse, yesterday, main newspaper in Austria, advert, I buy your gold for cash at Euro 85...per gram or 85000 euro, which is $ 93500....bang, that is 3000$US per oz. and they are paying CASH..... so, the $US3000 has been cracked... cheers, Chris from Vienna, Austria.
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Last
$15.05 |
Change
-0.110(0.73%) |
Mkt cap ! $17.12B |
Open | High | Low | Value | Volume |
$14.91 | $15.06 | $14.79 | $51.01M | 3.422M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7663 | $16.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.55 | 526 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 109740 | 15.860 |
6 | 42204 | 15.850 |
2 | 9593 | 15.830 |
22 | 207048 | 15.820 |
10 | 63212 | 15.800 |
Price($) | Vol. | No. |
---|---|---|
13.630 | 135000 | 1 |
14.000 | 54703 | 1 |
14.300 | 86531 | 18 |
14.400 | 1738 | 1 |
14.600 | 27240 | 8 |
Last trade - 15.59pm 23/08/2024 (20 minute delay) ? |
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