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Grey Rabbit Finance's avatar

Bond markets are toast we are entering the end game

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M C's avatar

The banks are getting desperat...

Gold was up 30 $ and to stop silvers 4,5% rise at noon GMT

they smacked gold down from + 30$ to minus 20$ just to get silver down to 3 %.

As if gold would fall when ECB lowered rates again 0.25% as expected.....

LME and/or Conex are in..deep shit.....

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Allan Richard Wasem's avatar

Just for everyone's information the geological ratio of silver to gold is apparently @15 - 20 to 1. More or less that fixed by Congress (at the Founding) for the purposes of the only lawful federal money minting (no paper). Contemporary ratios are TOTALLY UNREAISTIC - LIKE MOST EVERYTHING ELSE IN THE CURRENT FINANCIALIZED ECONOMY. Would tend to indicate a bright future for silver as Reality reasserts itself.

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zilyunz's avatar

Excellent analysis.

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