Rafi Farber: Low Silver Prices Forcing Drain from Comex and LBMA
#RafiFarber: Low #Silver Prices Forcing Drain from #Comex and #LBMA
Low silver prices sure don't feel good, but they're hitting the Comex and the LBMA in London much harder than they're hitting the stackers.
As of this week, 100 MILLION ounces of silver have been drained from the Comex registry, and silver stockpiles are at a new record low at LBMA in London since statistics began.
Meanwhile, the August physical #gold drain rivals the all time record July drain, and could overtake it for a new record by the end of the month.
Someone, something, is buying all this silver and gold. It doesn't feel like it yet, but the reinforcements have already arrived. The longer silver stays depressed, the faster these stocks must drain, as the hourglass on the dollar creeps lower and lower.
Hang in there silverbacks. Take a breath. Lung capacity is key.
To find out more, click to watch the video now!
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To get a free 2 week trial to Rafi's 'The End Game Investor Report go to:
https://seekingalpha.com/mp/1347-the-end-game-investor/articles
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To find out more about Fortuna Silver go to:
https://fortunasilver.com/
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To get on the waiting list for your very own ´Silver Chopper Ben´sterling silver figurine click here: https://arcadiaeconomics.com/get-a-chopper-ben/
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To get your paperback or audio copy of The Big Silver Short go to:
https://arcadiaeconomics.com/thebigsilvershort/
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To see the evidence of manipulative behavior in the silver market (as well as how you can send it to your local regulators and Congressional representatives) click here:
https://arcadiaeconomics.com/cftc-complaint/
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To sign the petition to ban JP Morgan from having any involvement in the silver industry click here:
https://www.ipetitions.com/petition/ban-jp-morgan-from-trading-gold-and-silver
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#silver
#silverprice
And remember to get outside and have some fun every once in a while!:)
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