Loading ...Ya so that’s a good reason for the idiot futures players to dump their contracts.
It’s all or nothing with these guys now.
PM prices will need to be administered meaningfully higher and that won’t happen until they steal the public’s holdings.
Oh ya, they already did that.
So it looks like perpetual servitude for us gold bugs.
In the last run GLD/SLV were not even buying physical to match the demand. They made journal entries to cook the books. So they don’t need to test physical supplies ever apparently.
But they sure can sell the paper over at the CME when the right news comes along though…no?
Yup…just keep playing those derivatives…that’s the answer gold bugs.
Just keep buying those SLV etc, calls.
That’s the ticket.
Chuckle