The latest from USA Watchdog – (Also posted under Interviews)
Bill’s Commentary:
“We have been lied to for years regarding supply and demand numbers on silver… got silver?”
The Silver Institute: A Wonderland of Compounded Errors
Over the last year or so I have sent out many a missive on silver — and the Silver Institute, but I have yet to put it all together in a comprehensive supply and demand balance sheet, and then compare my balance sheet to the one put out by the Silver Institute; so here we go.
Over the years there have been many changes in methodology in their reports; some years photography is included in industry, in others it is not. Solar only became a line item in 2010, for several years before that it was not itemised. I have been very careful to make sure that I am always comparing apples to apples.
Sorry for the length of this essay, but the more apples I turned over, the more rotten ones I found, barrels of them.
Bill’s Commentary:
“More on China, physical versus paper markets…”
Gold Collateral Revolt: How China, Singapore and Hong Kong Are Quietly Building a Post‑Dollar Gold System
This article is about the following:
Hong Kong’s latest push to become a gold reserve hub is not an isolated policy tweak – it’s a key piece of a broader Asian strategy to turn physical gold into the backbone of a post‑dollar collateral system
GOLD COLLATERAL REVOLUTION
- Asian policymakers are openly positioning Hong Kong and Singapore as frontline gold hubs just as trust in the dollar‑centric system erodes.
- Gold expert and central bank insider Gregor Gregersen sits on a Singapore central bank committee for its new gold hub and advises on Hong Kong’s emerging gold strategy, giving him direct visibility into how these plans are being built from the inside out.
- The core shift: move away from leveraged paper claims toward physical bullion used as high‑grade collateral in a world where dollar IOUs are increasingly questioned.
BillHolter.com 