Greyerz: “The amount of paper gold outstanding is so large. And once people start to distrust the system and they start to understand that (Western) central banks have no gold or very little gold left, and the bullion banks likewise, then the 100 – 1 ratio of paper to physical (gold) will lead to a massive short covering
king world news Greyerz
..charts will be in the eye of the beholder .. like in eye wash
the chart guys are charting paper .. 100 to 1 paper (which the guys chart) to physical (which the boyz do not chart ..
will the charts give a heads up on any overnight moves that might come as a reset of the assets .. and the mispricing of all assets in the system ..
best to just buy and hold the gold and silver … rather than trying to skim a couple pennies off the top