Title: $700+ Silver? Here's How It Could Happen - Mike Maloney Source:
[None] URL Source:https://www.youtube.com/watch?v=EIUZBHrLOS4 Published:Feb 27, 2018 Author:GoldSilver (w/ Mike Maloney) Post Date:2020-04-26 09:44:29 by BTP Holdings Keywords:None Views:3409 Comments:20
In today's video, Mike Maloney presents a series of charts that tell a story of severe undervaluation of silver in relation to gold. In addition, by comparing the Weekly Transparent Holdings and COT Reports for gold & silver, another narrative rears its head: Are these charts evidence that JP Morgan has been accumulating a massive position of physical silver, and that this is actually the story of JP Morgan burning the other bullion banks? Learn more at www.goldsilver.com
Not as long as JP Morgan is shorting the market and is also the largest holder of silver bullion. But when the bubble pops they will be in like flint. ;)
That is a long story and I hafta leave and run an errand, but the 18th century thirst of the English for luxury goods from the east like silks, spices, and ceramics (china) had to be paid for with real money - silver. That led to fiscal and financial dislocations at home.
One way to get the silver back was to get Chinese hooked om dope - dope which had to be paid for with real money.