General Stock Ideas

[bigworld]

gfp: Peter Schiff and others have posed the possibility that SOME owners of Futures contracts in gold and silver might demand physical delivery rather than take cash or roll over their contracts as they typically do in less volitile times. Should this happen the prices for gold and silver in the REAL MARKET would go up substantally just due to limited supply. Some of the biggest refiners in the world reside in Switzerland and they are all shut down at the moment due to the virus shutdowns. Even if this doesn't happen en masse we are still going to see massive imbalances going forward. The ratio of physical metals in ounces available in the world today compared to the ounces of paper gold and silver traded in futures is astounding. Over 100:1. There is nowhere near enough physical to meet demand. And there won't be.