[delta7]

The new world banking rules are cleaning up the corrupted paper Silver markets. Banks that were holding paper Silver contracts must now adhere to the 85 percent rule: for all paper Silver holdings ( not physical metal) they must back it up in 85 percent cash or Tier One assets.

The Silver manipulation is ending.For decades, the price of Silver was manipulated by UN allocated, paper Silver contracts. Hi Ho Silver.

[delta7]

The article states “ implementation” time. I am posting these dates as when to be fully implemented, the entire Silver market will be globally changed, but beware the US Silver bank manipulation will have to end presumably by 2028.

Jurisdiction Implementation Date Key Provisions

European Union January 2025 (Complete) Full NSFR compliance, market risk rules delayed

United Kingdom January 2027 Interdependent precious metals permissions for gold only

United States 2026-2028 (Expected) Basel III Endgame facing major revisions
Switzerland Fully Implemented Stricter capital requirements than Basel minimum

[pingman]

Interesting to read, but I recently woke up to the fact that no one wants to buy my pre-65 silver coinage. The smelters have too much work and they prefer to work with high grade silver.

[edwinland]

I used to be the guy who restructured a major bank’s balance sheet to respond to Basel II changes.

A quick skim of this article suggests that it is pure gibberish.

If you can point to a rule that treats physical and paper metals differently I am willing to re-evaluate.

[BipolarBob]

Hi Ho Silver! Remember when it peaked at 120 ? You said go all in, it’s going to 300. Yeah, it didn’t. It’s now at 76.

[conservativesister]

How in the world to figure, I just watched a roll of silver quarters bring $400 in an online auction & it takes 2 people to get to that price.