Price Of Physical Gold Decouples From Paper Gold

Source: https://www.zerohedge.com/commodities/price-physical-gold-decouples-paper-gold
Published: Mar 14, 2020
Author: Tyler Durden
Post Date: 2020-03-14 23:57:43 by Horse
Views: 179

Large US wholesalers are completely sold out of all gold and all silver and are not able to replenish.

Poster Comment:

Separation is the final stage. But this might take a while.

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#1: NeoconsNailed    To: Horse (#0)

Aaah, no more than 5 or 10 years ;)

NeoconsNailed posted on 2020-03-15 02:15:53   Reply   Private Reply

#2: Horse    To: NeoconsNailed (#1)

Forget 5 to 10 years. Dollar Dies in 2021 or 2022. At least, I hope it lasts until after the elections. Nationwide Food Riots to follow the Dollar's Death.

Horse posted on 2020-03-15 02:43:46   Reply   Private Reply

#3: BTP Holdings    To: Horse (#2)

Nationwide Food Riots to follow the Dollar's Death.

Grocery warehouses only have about a month's supply of food. Grocery stores even less and depend on weekly deliveries.

When I drove big trucks I would deliver produce frequently to grocery warehouses all over. We would even pick up loads in California and Washington state. Even Idaho potatoes. I once brought a load of Colorado potatoes across Wolf Creek Pass in Colorado. ;)

BTP Holdings posted on 2020-03-15 02:48:12   Reply   Private Reply

#4: hondo68    To: Horse (#0)

Even the old "Silver Certificate" paper dollar bills are only worth the face value. Been that way for a long while. FRN's are Fake Money.

Physical Gold & Silver is REAL money.

/rant

hondo68 posted on 2020-03-15 04:09:28   Reply   Private Reply

#5: StraitGate    To: BTP Holdings (#3)

Grocery stores even less and depend on weekly deliveries.

Yes, and grocery stores depend on even more frequent deliveries -- almost daily -- for some items. The back storeroom can't hold a week's worth of everything.

StraitGate posted on 2020-03-15 07:57:25   Reply   Private Reply

#6: BTP Holdings    To: StraitGate (#5)

The back storeroom can't hold a week's worth of everything.

Nope. The local Wal Mart gets deliveries twice a week. ;)

BTP Holdings posted on 2020-03-15 08:24:30   Reply   Private Reply

#7: NeoconsNailed    To: Horse (#2)

The PTB have managed to get us this far past numerous shoals of their own making and others'. Time after time after time we've heard (and warned) that this is the really really REALLY big one and NO way around it this time -- for 40 or 50 years!

Maybe they'll think of something.

NeoconsNailed posted on 2020-03-15 22:47:10   Reply   Private Reply