Loading ...Silver is a toothpick, and Gold a 2×4 sitting in the midst of a Redwood Forest. Simply boggles any sensible mind to the extent the PM’s are so closely controlled. ??? One might suspect some of those gazillion worth of derivatives have a clause in small print tying them to gold or silver, in whole or even part. ???
Drb’s post regarding JPM Silver holdings tells us something. Perhaps JPM will one day be the world’s sole banker with its silver holdings backing any and all transactions. Reminds me of of ‘Another’s’ comments; ” Can you not follow in the footprints of Giants?”
Certainly reason to get more serious about acquiring more physical ounces while we can.