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Title: Jason Burack: Private Sector Gold Demand In India & Russia Hit 6 Year Highs
Source: [None]
URL Source: http://www.investmentwatchblog.com/ ... india-russia-hit-6-year-highs/
Published: Dec 22, 2021
Author: Mike Rivero
Post Date: 2021-12-22 11:23:19 by Horse
Keywords: None
Views: 486
Comments: 19

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Begin Trace Mode for Comment # 19.

#1. To: Horse (#0)

Think of that. Is it sending the price up in those countries? Lucky them if so.

NeoconsNailed  posted on  2021-12-22   11:29:02 ET  Reply   Untrace   Trace   Private Reply  

They are lucky because they are buying at a low price. Silver is a far better buy.

Horse  posted on  2021-12-22   13:11:34 ET  Reply   Untrace   Trace   Private Reply  

It's down from the steady 25's into the lousy 22's. All the rules seem to have changed, eg the spread permanently huge.

NeoconsNailed  posted on  2021-12-22   15:40:37 ET  Reply   Untrace   Trace   Private Reply  

The price of silver will rebound sharply and faster than gold. It is just a matter of when the market breaks.

Horse  posted on  2021-12-22   19:28:17 ET  Reply   Untrace   Trace   Private Reply  

Clearly not this century or the next.

NeoconsNailed  posted on  2021-12-22   19:34:26 ET  Reply   Untrace   Trace   Private Reply  

Clearly not this century or the next.

The Hunt brothers tried to corner the silver market, but they were using borrowed funds. They got caught in a margin call and lost their shirts. ;)

BTP Holdings  posted on  2021-12-22   19:40:07 ET  Reply   Untrace   Trace   Private Reply  

Serves 'em right I guess. They're famous conservs but cornering a morket is a nono, amirite?

NeoconsNailed  posted on  2021-12-22   19:43:05 ET  Reply   Untrace   Trace   Private Reply  

cornering a morket is a nono

Trying that certainly did not work for them. The borrowed money was the key. It wasn't as if they couldn't afford it. They could, but it just about wiped them out. ;)

BTP Holdings  posted on  2021-12-22   19:45:22 ET  Reply   Untrace   Trace   Private Reply  

Wonder who's bright idea that was :s

NeoconsNailed  posted on  2021-12-23   0:18:23 ET  Reply   Untrace   Trace   Private Reply  

who's bright idea that was

Enlighten thyself. ;)

The Hunt Brothers and their Attempt to Corner the Silver Market

BTP Holdings  posted on  2021-12-23   6:34:11 ET  Reply   Untrace   Trace   Private Reply  

"the Hunts owned 77% of the world’s silver"!?!

And the NY banks bailed 'em out? What's with that!

NeoconsNailed  posted on  2021-12-23   8:44:42 ET  Reply   Untrace   Trace   Private Reply  

"the Hunts owned 77% of the world’s silver"!?!

I think they owned futures contracts. When the bottom fell out of the silver markets, the Hunt brothers could not meet their margin call and this wiped them out. ;)

BTP Holdings  posted on  2021-12-24   14:12:06 ET  Reply   Untrace   Trace   Private Reply  

That makes sense, and shows all over again that there are no super rich conservatives :[

NeoconsNailed  posted on  2021-12-25   2:10:22 ET  Reply   Untrace   Trace   Private Reply  

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