Loading ...“Embry says, “I think we are very close now in the sense that the physical supplies of both gold and silver are being diminished at a fast clip. ”
Rickards had a good visual of the situation of Supply Vs Paper in that video. An inverted Pyramid resting on a block of gold with all the paper gold filling the upside down pyramid. A dramatic picture of teetering paper hopper just waiting to topple. Kinda stuck in my mind.
Like Ipso, I await the day “all paper burns”. What’s real, things that are real, are going to take their rightful place, and value. Seen one ‘expert’ calling for $5,000 gold. I think a value of an ounce is much, much, higher than that. His call of $5,000 gold brings back memories of those days when gold was just a little over $300.00/oz and some folks calling for a $1,000 seemed so far out of reach.
Glass of ice tea in hand, we watch and wait to see the end game.
Best to you this fine day, Farmboy