For my Silver friends who have bee having 'that' kind of day all month long so far, here is an explanation of what REALLY happened...not just to the Kennecott Silver mine in Utah, but to the paper spot market.
The 40# brainiacs of paper may have mis-calculated the stupidity of the physical market, however.
- Look at the divergence of 'paper' and 'physical' in "junk" silver (90% US-minted coins) prices and consider that the gap is getting even wider in 'physical' Gold and Silver bullion (99.9%).
Saturday, 20 April 2013
What REALLY is happening..................from Rico
From Theo Spark at 16:19
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