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<p>[QUOTE="medoraman, post: 7503255, member: 26302"]Wow. I wandered over to Kitco, (Google suggested the article, not sure I trust Google knowing I know about pm...), and read an article there.</p><p><br /></p><p><a href="https://www.kitco.com/news/2021-04-29/Mints-are-running-out-of-gold-not-enough-physical-silver-to-cover-paper-former-U-S-Mint-Director.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.kitco.com/news/2021-04-29/Mints-are-running-out-of-gold-not-enough-physical-silver-to-cover-paper-former-U-S-Mint-Director.html" rel="nofollow">https://www.kitco.com/news/2021-04-29/Mints-are-running-out-of-gold-not-enough-physical-silver-to-cover-paper-former-U-S-Mint-Director.html</a></p><p><br /></p><p>Seems kind of weird. I read Moy's comments on how the world mints cannot keep up. This has more to do with retail demand spike. The Kitco article seems to infer this means there is a worldwide shortage of bullion. </p><p><br /></p><p>Anyway, ventured down to the comments section. Geez, those are some HARDCORE PM believers there. Mason references, "worldwide Kabal (sic)", etc etc. References to "dropping $3.7 billion worth of silver on the market in 5 minutes", (I am assuming the market maker created new contracts since the old ones expired). Just a great big echo chamber how the world is going to "all covet my precious some day, yes they will my precious". </p><p><br /></p><p>Makes you appreciate how sane our PM board here is. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 7503255, member: 26302"]Wow. I wandered over to Kitco, (Google suggested the article, not sure I trust Google knowing I know about pm...), and read an article there. [URL]https://www.kitco.com/news/2021-04-29/Mints-are-running-out-of-gold-not-enough-physical-silver-to-cover-paper-former-U-S-Mint-Director.html[/URL] Seems kind of weird. I read Moy's comments on how the world mints cannot keep up. This has more to do with retail demand spike. The Kitco article seems to infer this means there is a worldwide shortage of bullion. Anyway, ventured down to the comments section. Geez, those are some HARDCORE PM believers there. Mason references, "worldwide Kabal (sic)", etc etc. References to "dropping $3.7 billion worth of silver on the market in 5 minutes", (I am assuming the market maker created new contracts since the old ones expired). Just a great big echo chamber how the world is going to "all covet my precious some day, yes they will my precious". Makes you appreciate how sane our PM board here is. :)[/QUOTE]
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