Bill’s Commentary:
“A very good description of the current silver market.”
Bloomberg: Silver Rises Highest Since 2011 as US Premiums Grow
Silver markets are flashing red as the amount of physical silver available for immediate delivery in London has plunged to the lowest levels ever recorded.
According to Daniel Ghali, senior commodity strategist at TD Securities, the so-called “free-float” inventory at the London Bullion Market Association (LBMA) has dropped to just 155 million ounces. That’s less than a single day’s worth of trading volume for spot silver in London, and it marks an unprecedented squeeze in the world’s most important silver trading hub.
Bill’s Commentary:
“Lowering the reserve requirements on banks… in order to save the Treasury market?”
War, Debt, and Distraction: The Hidden Collapse Behind the Iran Hype
While we are all having our attention directed towards the war with Iran, we should always be looking at the “why.” Keeping in mind the absolutely true adage that all wars are bankers’ wars, I noted this from ZeroHedge.
So while we’re being directed towards the Middle East, I note the easing of the capital rule on banks. This — together with the war — are absolutely totally part of the same equation, despite the fact that not one in a 100 folks will ever know it or realize it, and for that very reason it will progress. Here is the problem…
The US government has quietly initiated a stealth liquidity backdoor for banks by easing capital requirements on Treasury trades.
Thank you pamelamoves@gmail.com
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