Loading ...Did you see the bankers had their agents at the CME hike margin rates on silver 15% yesterday? This with silver still only at $18ish.
This is a sign of desperation. It means despite their fraudulent stock reports they have little physical. It means some day enough contracts will stand for delivery and and go unfilled. With Russian demand likely to surge with the removal of the VAT tax on PM purchases last week, the timing of which was no accident, London has a new problem that will affect their ability to help the crooks at Comex moving forward.
It’s just a matter of time for all this to play out. The CME will continue to raise margins on their shitty paper but at some they will get caught.
So I believe Rickards now when he says gold is going to 10k because you can see it playing out right before your eyes.
The bastards are growing increasingly desperate by the day.
Cheers