Loading ...Nope – the large holders 100k units – can be borrowed (from shorting) and redeemed for the metal.
They have not reported on this since December 13th, so nothing is for sure here, but based on the way they have already raped SLV, one could think they (Blackrock, bullion banks, etc?) are doing the same here.
If this is the case, it’s a very good indication they are really getting low on supply.
And nothing will help this condition as time passes with increasing demand and falling supply.
They just got to have dem data centers so they can run your life – but they never counted on this.
They will screw themselves just like they did in 2000 and 2008. and the wiseacre bureaucrats in India who are blowing up their economy with a short gold scheme that they are heavily under water on – and getting worse by the day, week, month, year etc.
Chuckle
Hey, have you guys seen this article. It’s very good. And it made to Kitco, so the square heads have to live in reality now too.
The mechanics of silver price suppression | Kitco News
Chuckle again