Tricks and treachery are the practice of fools, that don't have brains enough to be honest. -Benjamin Franklin
Sincerity makes the very least person to be of more value than the most talented hypocrite. -Charles Spurgeon
Collusive banks simply stack and write their gold loans off to one another, while China reduces any practical uses.
Both operating at loss to supply silver for a very long time.
To power the digitized world, silver supply can not be reduced any further, or substituted.
Attachment 5714
According to the Silver Institute, there was a silver surplus of 300 million ounces in 2013. This was absorbed into coin and bar investment. Industrial concerns need only 400 million ounces of silver per annum. Demand is growing at about 4% per year. So silver can be price smashed much lower without creating an industrial supply squeeze. As for investment demand, if the people keep buying so much physical silver counter to the wishs of the powers that be, there could be a COMEX force majeur and declaration that private ownership of silver is illegal as silver is declared a national strategic metal with no dollar price.
Tricks and treachery are the practice of fools, that don't have brains enough to be honest. -Benjamin Franklin
Sincerity makes the very least person to be of more value than the most talented hypocrite. -Charles Spurgeon
Oh stfu. First its worth no more than the air that you breathe, then it is declared strategic...
http://www.investortalkroom.com/is-c...ck-in-trouble/The rational used for the downgrades could be applied to almost every silver company. The reasons cited were depressed silver prices and lack of high grade projects. Analysts noted that Coeur Mining, Pan American and Endeavour have higher cost structures and might have to cut production in some of their lower grade mines if silver prices don’t recover.
When we meet in the road, Buddah.
I will give you a mercury dime. (in the form of an expired cell phone)
Silver is tptb's achilles.
Tricks and treachery are the practice of fools, that don't have brains enough to be honest. -Benjamin Franklin
Sincerity makes the very least person to be of more value than the most talented hypocrite. -Charles Spurgeon
there is no price control... move along
I'm the infamous Fred of GIM - Jewboo kindly turned over his account to me.