Interest Rate rises 0.5%, page-56

  1. 3,102 Posts.
    lightbulb Created with Sketch. 321
    Agreed both silver and gold have underperformed from most expectations, but they are spending billions every day selling paper silver and gold so that USD looks strong in the current economic climate. Smart thing to do when you have unlimited amounts of paper and USD. However the physical silver supply problem should rear its head very soon and bring gold with it, manipulation or not. There is a small chance gold could do it, there is already a large push for countries to increase their gold supplies and what Russia is doing with PMs is lighting a path for some.

    The LBMA just lost 10% of its silver in the last 6 months and COMEX is dropping like a stone too. Exciting times.


 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.