Vince, you are the only one leading the education of what is going on with metals around the world. Most only look at what is happening only in there back yard... Thank you so much!
You, that understand a lot more than me, are humble enough to agree You can be wrong...
Kudos to You, Sir.
Me, without any of Your experience at all, I am convinced to be right thinking that it will not be gold but the shunned "second tier cousin" silver to be the "silver bullet" that will put the so deserved end to this fake fiat monetary system.
well..... i do not disagree. my reasons are simple. If gold is confiscated, ultimately to keep its price in check.. then silver, which cannot be confiscated becomes the proxy price for Gold
Even if Gold is not confiscated.. Silver will rise in importance much faster tha n Gold on free markets.
Bottom line is, silver will be a good collateral on BRICS and other exchanges for money.. finally, here isanarticel i wrotei n2016.... just read the title. Good luck!
My weak guess on why the banks don't squash the price diff is because The Grabblers (who control the banks and media) want to advertise economical stress in China, sooner rather than relying purely on natural mechanisms. Pushing fear sentiment to speed up a large scale economic response.
Would it be reasonable to guess that the comex price is very unlikely to "spike" much lower than now because of the wide spread to the china price? ie. the higher china price can act as a kind of support, even if there is a global liquidity event (run to USD).
Vince, you are the only one leading the education of what is going on with metals around the world. Most only look at what is happening only in there back yard... Thank you so much!
You, that understand a lot more than me, are humble enough to agree You can be wrong...
Kudos to You, Sir.
Me, without any of Your experience at all, I am convinced to be right thinking that it will not be gold but the shunned "second tier cousin" silver to be the "silver bullet" that will put the so deserved end to this fake fiat monetary system.
So far, I only am the idiot of the village...
:)
Hope to be vindicated asap... :)
well..... i do not disagree. my reasons are simple. If gold is confiscated, ultimately to keep its price in check.. then silver, which cannot be confiscated becomes the proxy price for Gold
Even if Gold is not confiscated.. Silver will rise in importance much faster tha n Gold on free markets.
Bottom line is, silver will be a good collateral on BRICS and other exchanges for money.. finally, here isanarticel i wrotei n2016.... just read the title. Good luck!
https://vblgoldfix.substack.com/p/when-china-confiscates-gold-get-silver
Yes Sir... I agree with You 110%... I only wish I could accelerate time to see the things I hope to see... :)
Good luck we both, I feel we are in the same boat... :) so far it's only a shunned old rusty tug boat, but... maybe it will shine soon! :)
The Audios are awesome...tks Professor Vinny 😁
That was a great rant, thanks Vince.
My weak guess on why the banks don't squash the price diff is because The Grabblers (who control the banks and media) want to advertise economical stress in China, sooner rather than relying purely on natural mechanisms. Pushing fear sentiment to speed up a large scale economic response.
Would it be reasonable to guess that the comex price is very unlikely to "spike" much lower than now because of the wide spread to the china price? ie. the higher china price can act as a kind of support, even if there is a global liquidity event (run to USD).
Fantastic work and explanation of hard concepts. Keep up the great work
Is China offering derivatives to her public?