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To: NEMDF

Gold and silver......physical the best IFyou can find it without a 20-40 percent premium. The US Comex July contract DELIVERIES just hit an historic all time high with 102 TONS delivered in physical gold , not paper. August “ delivery” contracts are already at 90 tons.....someone out there is taking delivery in historic amount, banks are one of them, a few years ago after the 08 crash, the Fed cleared the way declaring physical gold can be held by banks, declared “ A Tier One asset”, the same category as cash...it went unnoticed by everyone, except JPMorgan and a few others, ....pull up how much gold and silver JPMorgan has bought since then, from memory about 1-2 years of mining supply....


67 posted on 08/03/2020 9:48:00 AM PDT by delta7
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To: delta7

“Gold will now be treated as a Tier 1 asset. The Bank of International Settlement (BIS) will recognize central banks holdings of physical gold as a reserve asset equal to cash. ... Tier 1 = risk free, Tier 3 = more risk.Apr 14, 2019”....got Gold?


81 posted on 08/03/2020 10:44:06 AM PDT by delta7
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