gunDriller
5th March 2012, 09:33 AM
"David Morgan Explains how to Break the Paper Silver Market"
http://www.netcastdaily.com/broadcast/fsn2012-0303-3.mp3
About halfway through, they interview David Morgan.
He runs through some very interesting calculations. Basically comes up with a real interesting data-point: that it took the sale of 220 million ounces of paper silver (on Feb. 29) to have the same price effect (going down) as the acquisition of 10 million ounces of Physical (going up - also in 2012).
Remembering last year's slogan "Break JP Morgue - Buy Physical Silver" - I don't think it was so far off.
I'm not sure how many ounces of physical need to be bought to slam the door on the paper manipulators. Can anybody make an educated guess ?
I have a hunch Sprott is backing up the truck right now.
http://www.netcastdaily.com/broadcast/fsn2012-0303-3.mp3
About halfway through, they interview David Morgan.
He runs through some very interesting calculations. Basically comes up with a real interesting data-point: that it took the sale of 220 million ounces of paper silver (on Feb. 29) to have the same price effect (going down) as the acquisition of 10 million ounces of Physical (going up - also in 2012).
Remembering last year's slogan "Break JP Morgue - Buy Physical Silver" - I don't think it was so far off.
I'm not sure how many ounces of physical need to be bought to slam the door on the paper manipulators. Can anybody make an educated guess ?
I have a hunch Sprott is backing up the truck right now.