Article Image

IPFS News Link • Gold and Silver

Silver is About to Tear People's Faces Off

•, by jhanders

Derivative powers that be are on full defense.

Going on various fiat bubble vision shows, trying to belittle growing interest and physical bullion buying.

Not gonna work. Surely along the way, they will win day-to-day derivative battles. Ultimately, they will lose the physical bullion war.

Ronan Manly of BullionStar reported this past week about shrinking London silver bullion float inventories here on ZeroHedge.

According to Ronan's best estimates of this convoluted almost fully opaque market. Just over 100 to 125 million troy ounces of silver remain unallocated in London.

As we have seen thus far in 2021, one hundred to one hundred twenty-five million troy ounces of silver can be bought out by investors in a mere matter of a few heavy buying and silver betting days.

Earlier this week, I sat and listened through a bunch of #SilverSquealer interviews scoffing at the influence of new silver bullion and $PSLV share buyers. This week we will focus on the head of commodities research at Goldman Sachs, Jeff Currie.