This is worth a watch, and tells most of the story that various people have been trying to tell on this site for years. Andy speaks to silver being a depleting asset (which I and others have been claiming for a number of years, debated here for awhile, only became obvious a couple of years ago) and heading eventually to an 8:1 gold to silver ratio, based on mining availability.
Andy is co-owner of my personal favorite (full disclosure) PM dealer, Miles Franklin.
https://www.youtube.com/watch?v=Xwbg9KB ... e=youtu.be
Silver is a depleting asset: WSB interview w/ Andy Schectman
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Silver is a depleting asset: WSB interview w/ Andy Schectman
by 68Camaro » Wed Feb 10, 2021 9:08 am
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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68Camaro - Too Busy Posting to Hoard Anything Else
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Re: Silver is a depleting asset: WSB interview w/ Andy Schec
by Cu Penny Hoarder » Wed Feb 10, 2021 9:57 am
Certain PM pundits claim the COMEX and retail coin/bullion market are 2 entirely different things. If that is true, it doesn't really matter how many/much physical PMs gets cleaned out from online bullion dealers... the COMEX will just keep their paper price manipulation scam going through SLV and GLD. Normally they simply settle in cash. The traders holding contracts MUST demand physical delivery or nothing will change.
Their paper scheme will break down someday, but at the rate this is going, we'll may all be dead by that time.
Their paper scheme will break down someday, but at the rate this is going, we'll may all be dead by that time.
Time is precious, stop wasting it.
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Re: Silver is a depleting asset: WSB interview w/ Andy Schec
by 68Camaro » Wed Feb 10, 2021 10:06 am
Like any bubble - things appear to be one way, until they aren't. Bubbles usually burst overnight - and the obvious signs are only obvious to most in hindsight.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
-
68Camaro - Too Busy Posting to Hoard Anything Else
- Posts: 8414
- Joined: Thu Dec 30, 2010 6:12 am
- Location: Disney World
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