Many changes have been happening on the exchanges the past 2 months as they scramble to keep the scheme going. All metals are going out the door and future contracts are rolled over, or filled. We are getting ever closer to the day where the comex falls apart in the Gold/ Silver Market... Why they added hundreds of NEW Gold Miners to their supplier table. Once they cant get enough Gold to cover the contracts and start FORCING business traders to take a check for Fiat, the Jig is up... Hopefully for all here that is when Gold / Silver start headed towards their REAL Fiat value. And no, todays Value is NOT real. It is 40+ years manipulated vs fiat. Of course the banksters would and will deny all day long. That is their Job, to keep the PONZI going... Soon we will have the NEW IMF Digital...
Except it's not 1979, it's 2020, and there are now DOZENS of exchanges to buy silver on. P.S. I hear you can get stock quotes from other than The NY Times and Wall Street Journal !! There are not "hundreds of NEW gold miners." There aren't even hundreds of EXISTING miners. Certainly not of significant quantity of ore. Wake me when it happens, I hit the SNOOZE Alarm on this stuff 38 years ago.
This "manipulation" charge is all bogus. It's from folks who don't understand trading, supply and demand, and how unimportant precious metals are to modern banks. The regulators will not allow capital to be tied up in this business, let alone for proprietary trading.
38 YEARS AGO......... I was out chasing women trying to score some gold and silver. I spent most of my fiat monies on LOTS AND WOMEN... lots of whiskey and women....don't do this..... you wake up with your tongue stuck to roof of your mouth. (cotton mouth)
Could you elaborate ? Because JP Morgan holds LESS PM today than decades ago despite a capital base that is 8-10x bigger. Too many conspiracy buffs don't understand how to analyze a bank's financial statements and differentiate between customer accounts, proprietary trading, custodial accounts, etc.