Originally posted by spiderman14:
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The East is draining the shelves of the physical precious metals exchanges of the West. India's recent massive Silver purchase is evidence of it. The Shanghai exchange list Silver at a fairer and higher price. They re using the west's mispricing by buying the real stuff cheaper. BRICS is a real threat to the west and the Commercial banks that have been capping and playing the markets long enough are panicking. When BRICS unveils their plans, expect a fairer price for PMs reflecting supply demand. Expect a currency backed by Gold and Silver and more transparency and the final disappearance of sKull when that happens.
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The East is draining the shelves of the physical precious metals exchanges of the West. -------------- Even if it was true...who cares....it's a chunk of metal like tin or copper. I've heard that codswallop for decades. BRICS is a load of BS...bankrupt tyrants like Adolf Putin trying to make a name for himself. And South Africa...who are you trying to kid?