Large Decline Of Shanghai & Comex Silver Stocks
“Something interesting took place at the Comex and Shanghai silver warehouses over the past month. Silver stocks at both these warehouses peaked at about the same time, March 10th. However, for the past month, a substantial amount of silver was removed from both warehouses”. This very well could be a normal correction since the COMEX inventories peaked on March 11th or this could be the start of something.
typo…….shipped…….
Jerry…Silly story for you. I just bought a lot of scrap silver , one of the pieces is the Millennium 2000 silver eagle , minted in the US…inspected & enhanced with colour by the Pert Mint Australia..& the card & folder it comes in was printed in the UK….
talk about spreading the work around…BTW I don’t like it , it looks like something a child would play with..if God wanted coloured silver coins he would have put colour silver in the ground……haha
IRISH………….yOU need to get some MORGAN RAINBOWS………some are going for
$200 per oz…………common dates………..
BUY G & S…PHYISICAL ONLY.
Of course, with whatever money I have left after increasing my supply of Jamison’s. (Some people keep canned food, I keep Irish Whiskey!)
AL…Very good stuff for the barter trade…..after all you can catch a fish or a rabbit
But just try catching a bottle of Irish.
We live in the Irish Capital of Nebraska. More spirits are consumed here on St. Patrick’s weekend than any other festival/holiday in the state. Not that we need to brag on that. Just saying…it is THE commodity (followed closely by PMs) to have for trade in a hard drinking community. Bottoms up my friends!
Cool. Are you really storing Whisky for inflation protection? That is actually not a bad idea. I think Eric also was saying he kept cases of wine or some other spirits. I mean it is a very good idea especially if it ages well. Probably can’t go wrong with that.
You could probably do a show on the topic. Booze is far less volatile than precious metals and it would not suffer the usual crash at the end of the cycle nor come with the challenges of trying to time entry and exit points. Basically you just buy it at whatever the going rate is and keep it as an alternative to bank money. I know it would work great over here since our inflation is so god awful high.
See , Bird the big fella is not a daft as he makes out to be…..Perhaps he could set up an ETF , for booze !!!……Well why not.
Oh I agree. Al is cagey as they come. A sharp tack as they say. You would want to get the volume discount if you were buying cases for sure. Like if you had friends who were buying for a wedding or something you could get an order in on the side. Biggest risk is someone steals it I guess but then that is the risk with the bank deposits these days too. Used to be a bunch of Bonnie and Clydes in the Great Depression. Who would have thought the table would be turned and the banks would be the modern robbers today!
I can’t seem to keep Jamison’s on hand, cause I drink it too fast!
BIRD…..Yeah the bankers have become the bank robbers…..Peoples deposits.
Absolutely no doubt about it Irish. I never thought I would see the day….but here it is.
Does this have anything to do with JPM …….AND 6000 TONS…….being ship to Swiss company?…….I have posted this before…………..anybody have any thing to add?