$500 Silver & Imminent Price Explosion! Max Keiser (500 dollar silver)
The Silver Stocks Fraud
Unsurprisingly investment banks that deal in silver do not hold enough silver to equate with the stocks that are bought and sold. The banks quite legally issue double the amount certificates as they have in silver bullion stock. The hope is that the majority of certificate holders won’t collect their silver but instead will just buy and sell silver on paper. In any event, the banks could go but some silver if there is a shortfall due to a rush.
The upshot it is advantageous to buy real silver and hold on to it.
The Silver Stocks Fraud
Unsurprisingly investment banks that deal in silver do not hold enough silver to equate with the stocks that are bought and sold. The banks quite legally issue double the amount certificates as they have in silver bullion stock. The hope is that the majority of certificate holders won’t collect their silver but instead will just buy and sell silver on paper. In any event, the banks could go but some silver if there is a shortfall due to a rush.
The upshot it is advantageous to buy real silver and hold on to it.
Comment