UAE-India partnership to trigger a surge in Indian SILVER demand

Source: https://www.zerohedge.com/news/2023-07-28/uae-india-partnership-trigger-surge-indian-silver-demand
Published: Jul 29, 2023
Author: Tyler Durden
Post Date: 2023-07-29 13:48:01 by Horse
Views: 435

In this week’s episode of Live from the Vault Andrew Maguire updates us on the UAE-India economic agreement and how this may affect silver demand, along with the Q3/4 developments in the paper vs physical gold battle.

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#1: BTP Holdings    To: Horse (#0)

the paper vs physical gold battle

Germany wanted to repatriate their gold and Bernanke told them it would take 10 years to get their gold to them.

This tells me they have leased out the gold to other countries or corporations. ;)

BTP Holdings posted on 2023-07-29 13:58:11   Reply   Private Reply

#2: Horse    To: All (#0)

At 16:50 he talks about UAE and India. They will cut taxes thus allowing Indians to buy silver at a cheaper price than they do now.

Horse posted on 2023-07-29 14:03:55   Reply   Private Reply

#3: BTP Holdings    To: Horse (#2)

They will cut taxes thus allowing Indians to buy silver at a cheaper price than they do now.

Will the silver price be below spot? ;)

BTP Holdings posted on 2023-07-29 16:11:56   Reply   Private Reply

#4: Horse    To: BTP Holdings (#3)

No. It will increase demand for silver. Asians love precious metals.

Horse posted on 2023-07-29 21:02:15   Reply   Private Reply

#5: BTP Holdings    To: Horse (#4)

It will increase demand for silver. Asians love precious metals.

Silver is one metal that cannot be replaced. Once it is used, it is gone for good., whether it is in jewelry or other industrial uses. ;)

BTP Holdings posted on 2023-07-30 11:58:22   Reply   Private Reply