Silver arbitrage?
Silver closed last week under $17 for the first time in 4 years. Maybe we have in store another “event” like 2008, 2011 or 2013 where the “price” gets forced down which explodes demand to a point where shortages again show up? I have written several times before how a shortage should never ever show up in any real market if prices crash because of “selling”. If real silver were in fact being sold then the market would be awash in silver and no shortage could exist. …The last 3 episodes there were severe shortages which is your proof that it was not in fact real metal being sold, only paper contracts representing metal, this logic is not arguable.
Off topic…..Anybody know what Angela Merkel , is up to these days ?..Has she been lost or stolen ?
Having a mental breakdown. Have you seen the numbers out of Germany? Yikes.
She might be in Russia , cutting a deal with Putin…….for some extra gas. Or maybe, the Fed told her she had to go and as Putin for the GERMAN GOLD.
as….should be ask…..but, I know what you were really thinking……….
Silver is “CHEAP” today….Just buy some.
IRISH…hey buddy…no fricken kidding….it is so LAUGHABLE my little ( Dont laugh I have been running) belly is hurting…and BAD!
Liberia……….US GROUND FORCES TO COME IN CONTACT WITH EBOLA……..
and when they return…..guest what ….they may be bringing back …..
.The OBAMA-EBOLA PLAN…..anyone need health insurance, better sign up………..
Hi Jerry……Obama is a clown….it would have been cheaper just to fly a plane load of suffers into the US…….On a serious note this aint going to end well……..
Go long Undertakers….
HELLO IRISH…….I agree…………….o(littleman), is a clown…….
I understand the WHITEHOUSE , has cornered the market for silver, …O is plastering the walls with silver…as a protector against bacteria…….New mandate in effect, corner the market and all politicians of the right party can come the WhiteHouse for protection, of course they will be required to give all there filthy luker to O , the new Caesar……..in charge of CIRCUS AND CLOWNS……..
JERRY….Silver is a great weapon against bacteria…But about as useful , as a eunuch at a sex orgy , against a virus…
do not tell O,,,
I agree Tony
Where are all the regulars today……HH..JJ..Andrew..Bird..SD..AL..Gary…& the rest of the gang…..?…..
( 1 ) They could all be out buying silver at these sale prices.
( 2 ) They are all out on Big AL’s Yacht having a wild party.
( 3 ) OR something else.
IRISH (JERRY)…I am laughing my arse off…….reading the banter back and forth with you and Jerry…hahahahaha….luv it…just like the old days!!
thanks SD……………bottoms up………………
No yachet. Just trying to clean up the comments!
I have already heard/read on the Internet over a year ago that day traders of large US corporations were trying to trade paper gold and silver from the New York stock exchange over to the Asian stock exchange(s) just because of the difference in the US’ COMEX paper price and the price of physical-delivery gold and silver. I’m not sure how that would work, selling GLD and SLV to Asian physical-delivery markets without the physical delivery, but there was never any follow-up to the story, just a blurb about how excited the corporate traders were in the arbitrage of the trade at the time.
What happens when silver is $12 on the COMEX here and $18-24 with a premium on the Asian physical-delivery exchange(s)? Will traders try to make a “gold carry trade” without physical? Will US citizens be locked out of these higher-priced markets? Or is it limited only to large “bar” orders?
What I would love to see is the South African miners to tell London to take a hike and sell their product exclusively to the Asian physical-delivery markets at the higher price. Of course, that would start Boer War II.