Replies to post #1558 on The Rising Influence of Rising Affluence

[gym gravity]

thanks for your explaination.

Can you tell me what you think of this statement:

Forward sales of silver through the LBMA OTC London market are approximately 8.5 Billion ozs. This is almost all the entire global reserves of silver that are yet to be mined! But the silver miners who own the remaining reserves are unhedged, so who ever has sold 8.5 billion ozs of silver forward by inference does not own 8.5 billion ozs of silver. It is a naked short position of 11 years of global production.

https://marketforceanalysis.com/article/latest_article092110.html