Dave Kranzler: Is there a global silver shortage?

Source: https://www.youtube.com/watch?v=czzDI_BUFMA
Published: Jun 4, 2021
Author: Mike Rivero
Post Date: 2021-06-04 10:34:33 by Horse
Views: 353

Poster Comment:

With the US Mint admitting that there’s actually a “global silver shortage,” it makes you wonder if this scheme is close to the end of the road.

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#1: Lod    To: Horse (#0)

There is no shortage at all.

Lod posted on 2021-06-04 11:46:20   Reply   Private Reply

#2: Horse    To: Lod (#1)

Mint not casting silver coins. $6 premiums to buy silver.

Horse posted on 2021-06-04 11:53:45   Reply   Private Reply

#3: Pinguinite    To: Horse (#2)

Mint not casting silver coins. $6 premiums to buy silver.

Calling it a "premium" implies the spot price is legit, which it isn't. The "premium" price should be called the spot price, and the spot price called the "manipulated" or "suppressed" price.

Pinguinite posted on 2021-06-04 12:00:16   Reply   Private Reply

#4: StraitGate    To: Pinguinite (#3)

Yes, and those "premiums" always apply only when a mundane is buying, never when he's selling. Call any PM dealer who's selling at a $6 premium, and ask him if he'll give you $5 over spot for your silver. He'll laugh at you.

StraitGate posted on 2021-06-04 12:06:41   Reply   Private Reply