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Tuesday, October 22, 2024
Physical Silver Demand Jeopardising Bullion Banks' Paper Game.(maneco64)
Looking at the derivatives market when it comes to precious metals. Real world upsets can trash these highly leveraged paper markets which have been controlling prices in the real world. The thing about high finance is that it's a house of cards - think about what happened with the GFC. The very fact that silver and gold prices are so high is an indicator of real world economic problems, and financially created problems (with the out of control derivatives market).
[Posted at the SpookyWeather2 blog, October 22, 2024.]
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