Unintended consequenc​es.......................from Rico

The latest paper-driven manipulation and exercise in bullion inventory adjustment was officially sanctioned and Wall Street implemented.

- As usual.

This blatant "asset stripping" and "wealth confiscation" may have bought a little 'time' for the paper game, but it also accellerated the flow of bullion from West to East.

- Chinese premiums on physical bullion are ~ $35/oz.

- Indian premiums on physical bullion rose overnight from $8-10/oz to $20/oz and demand has outrun supply.

But its not confined to India and China alone. Despite the 34% drop in Silver this quarter (the largest quarterly move in thirty years) the American firm 'Scottsdale' has had single days where they sold more physical bullion that they have in a typical month, the 'smackdown' apparently convincing those who have been 'waiting' that NOW may be the time to load the boat, or risk missing the next bull run in the marketplace.