THE AMERICAN PEOPLE ARE TRAPPED in a dollar devaluation, debt expansion, rate suppression whirlwind of a magnitude never been seen before now exacerbated by war. (Greg Mannarino). Events are moving quickly, geopolitically and economically. So a longer read this week Last week I told you a repricing event was underway.
If you needed any more proof that the paper markets are a fiction factory, this past week delivered it on a silver platter — pun intended. Silver touched $83 an ounce before the COMEX did what the COMEX always does: changed the rules mid-game. They jacked up margin requirements, triggering
Which is the real price of gold and silver? The price quoted on your screen, where you cannot get the commodity or the price where you can take physical possession of your metal. The Western Comex price of around $80.00 for silver, while silver Eagles are quoted around $110.00 if
Yesterday the silver price on the Shanghai market closed at 131.26, and the comex closed at 114.66, a 16.6 USD difference. The Shanghai market is a physical market and the Comex is largely a paper market. One wonders why the paper trades lower than the physical, who benefits and what
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