An interesting infographic about Silver is attached fyi.
When you consider price as a function of supply and demand, this says a lot.
- No, I am not talking about the paper-Silver sold at 100:1 or even 500:1* by SLV (JP Morgan) or paper futures traded on the Crimex....er, COMEX where multiple years worth of actual physical production is traded in notional paper in mere minutes.
Think physical only.
This explains the frantic efforts by the bullion Cartel to cap, suppress, manipulate, and artificially control the physical metal price via their virtual mark-to-imagination paper gyrations.
- It will ultimately fail, and the period of effectiveness after a paper raid is getting smaller, and smaller as physical demand outstrips supply.
*100 paper ounces/certificates sold for every one physical ounce held, or 500 paper ounces/certificates sold for every physical ounce held...talk about 'fractional' bullion trading!
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