McEwen Mining Inc (MUX)

[JD400]

It means they moved the paper gold casino slot machine back into the dollar room.

So the high rollers can buy and sell their shares easier.

IMO Due to manipulation, Price discovery was lost on most miners 10 years ago

The companies have nothing to do with their paper gold share prices and no control over their stock at all




Ep 84: Live From The Vault - Here's Why You Shouldn't Invest in ETFs

In this week’s Live from the Vault, Andrew Maguire explores the dubious practices in the ETF market, shedding light on the widespread integrity breaches and rehypothecation of the largely undeliverable, double-counted gold bullion.

The London wholesaler thoroughly explains how misled ETF investors expose themselves to the tremendous counterparty risk while unknowingly empowering the physical gold price suppression.

Timestamps
00:00 Start
01:40 Picking up the last week’s thread. Summing up the short-term action
10:50 COMEX-driven backwardation has led to them exposed by EFPs to delivery outflows
17:50 Questioning the integrity of the ETF gold and silver investment
26:30 Major ETF embarrassment on CNBC camera
37:45 Taking a closer look at the silver ETF (SLV)
39:30 Ukraine selling its physical gold holdings
42:05 Basel III - Banks holding counterparty risk forced to comply with NSFR standards