Paging Todd Hoffman............
The Chinese middle and upper middle classes do not trust their government controlled banks or have real faith in the paper value of “privately” held real estate. Any surplus savings they accumulate is often in the form of privately held goldand silver bunion. People in India have a similar approach.
Did they eat it ? LOL
You open the vaults and see piles of gold bars.
How do they determine if there is a shortage?
When’s silver going to 300 oz? A FReeper on here said load up at 120 because it’s going to 300. The last time I’m taking financial advice here.
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For the right price you can buy all you want. Offer ten grand per oz and I’ll bet you can get all you want.
There are no Gold shortages, you will always be able to buy gold.
Silver ???