Interesting article. No clue what/when they’ll do with all that silver. Not sure Butler could prove they have all that metal as he freely admits.
I guess when they decide to dump that metal on the market we’ll have a problem.
Maybe they know that a currency will eventually be backed by silver. Maybe they know that gold will be revalued higher and speculate that silver will explode if that happens.
Ipso – it would be nice to see gold stay as overbought as the DOW has for so long.
http://stockcharts.com/h-sc/ui?s=dia