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S W
Member since May 2012
668 commentaries - 5 followers

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The Key Test Ahead - Theodore Butler - Butler Research

OK well lets presume that JPM is suppressing the price of silver and Butler is correct on inventories.
Great, you can buy the stuff cheaper than what it was at the peak.
Fill your garage with it. Just remember that you will be losing somewhere between 20 -25% if you want sell ita week later. Sure buy some coins if you want and you can wait but gold is a better article of faith for mine.

Commented 2446 days ago

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Beginning of the headline :Before getting into the subject of today’s title, allow me to update a couple of topics previously discussed. Last Wednesday, I offered a review of world silver inventories in which I concluded that there were roughly one billion oz in fully documented inventories of metal in industry standard 1000 oz bars and perhaps another 500 million to one billion additional oz in unverified holdings; making a grand total of 1.5 to 2 billion oz for world silver inventories in, essentially, the only form tha... Read More

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