tag:blogger.com,1999:blog-6089228851855763774.post8181996864415761621..comments2024-03-29T07:10:06.022+08:00Comments on Gold Chat: Continuing Sprott PHYS RedemptionsBron Sucheckihttp://www.blogger.com/profile/00530576934994289879noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6089228851855763774.post-52668561678683357512014-12-03T11:53:05.704+08:002014-12-03T11:53:05.704+08:00"stronger hands!
yes, that's right, Godd..."stronger hands!<br /><br />yes, that's right, Goddammit!!! <br /><br />there are NO retail jewellers or bullion stores in Shanghai, Mumbai or Dubai - they simply WON'T sell it to you. Well, not if you are Western, at least. <br /><br />that's it. It's gone! Vamoosh! "CHINA" is synonymous with "THE CHINESE" and they are all cloned automata, doing only what the Communist (key word) Government tells them to do i.e. Buy Gold, Never Sell It<br /><br />if you stroll the mean streets of Shenzhen, Kowloon, Bangkok, Singapore, Manila, Dubai or Delhi all those Pawn Shops are just "paper" facades - nobody is actually reselling their precious metals, and you couldn't buy any even if you wanted to. That's the LAW - Asians only every BUY and are forbidden by the Police, the Communist Party, Culture, Religion, EVERYTHING from EVER selling<br /><br />In the alternative, this is all total bollocks and the notion of "strong hands" is a complete myth, with reflex sales occurring at both ends of the price range (very low and very high) and every purchaser inevitably having a corresponding seller<br /><br />But hey, KEEP STACKIN', RIGHT!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-43063767231500585872014-12-03T06:21:25.020+08:002014-12-03T06:21:25.020+08:00More complicated than simply a "lack of inter...More complicated than simply a "lack of interest in PHYS" I'm sure. The arbitrage going on here will itself be arbitraged: the metal being sold out of PHYS is disappearing, either directly or an intervening step or two later, into stronger and stronger hands.<br /><br />It will *not" be coming back into the market, at least not at today's ludicrous, paper prices for the simple reason that no one is going to BUY physical metal as a speculative vehicle...leastwise not without a condition of contango.<br /><br />That'd be the ones buying those unbacked futures contracts... Kreditanstaltnoreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-16226424373137970642014-12-02T14:27:25.228+08:002014-12-02T14:27:25.228+08:00Nah, Bron - those prices are just PAINTED! It'...Nah, Bron - those prices are just PAINTED! It's all manipulated, all the time<br /><br />Ponzi Ponzi Ponzi<br /><br />when Silver shot up yesterday, though, that was FOR REAL - what we like to call "price emancipation"<br /><br />Not-Ponzi Not-Ponzi Not-Ponzi<br /><br />please try to keep up!Anonymousnoreply@blogger.com