Tsafi

[popeyej]

TheRavininexile, I agree with everything that you said. The only reason that gold and silver is dropping is that the bullion banks are increasing their PM short sales. The increase has been astronomical for the past four years. There will come a time when they will have to pay the piper.

I see no silver or gold of any significance in the coin shops in the northwest. I deal with one of the largest in Seattle. The owner tells me that he has many orders that he cannot fill, especially for the silver one ounce rounds. Even the NW Territorial Mint is having trouble putting out silver bullion. Northgate Precious Metals offered me a premium for my one ounce rounds, an offer I quickly rejected. A few months ago I sold a 100 ounce ingot to see what would happen. It sold before I got out of the shop.

The bullion banks are losing hundreds of millions and I believe that they will be in big trouble within a year.