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Re: deanna-hopkins post# 30042

Saturday, 12/05/2015 12:34:50 PM

Saturday, December 05, 2015 12:34:50 PM

Post# of 36470
Well $10.00 would I'm sure create a lot of Margin Calls. However, with stepped up demand and already physical delivery shortages, any further paper decline would IMO create a Failure to Deliver situation, which naturally would would be the clarion call for The Jig is Up.


$9.50 an ounce is where this is heading. It's not about production costs, it's about fleecing the morons they juked ino buying at $30+ and tripple keying their profit to cost basis. The ETF's just serve as a "rudder" for the Frat-Houses of Preferred Shareholders in other things to flip during the dip and not only that, they get to do it all with your chip.