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Gold and Silver Concerns of the Day

GOLDBRIX

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#1
This kid covers several topics with his guest Rick Rule. Side panel tells where to pick up the various topics and opinions of Rule.
For your edification or entertainment. ( I liked the video beginning at the 30 min mark):
 

GOLDBRIX

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#2
$9,000 gold and triple-digit silver prices (5-10 yrs). Silver buy now at these prices:
 

GOLDBRIX

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#3
CFTC Asked If It Has EVER Audited Comex Gold by Chris Powell
The Gold Anti-Trust Action Committee (GATA) yesterday asked the U.S. Commodity Futures Trading Commission (CFTC) whether it has ever audited the gold reported to it by the New York Commodities Exchange as being eligible or registered for sale and delivery on the exchange.

In a letter to commission Chairman Heath P. Tarbert, Chris Powell and Harvey Organ wrote: "Recent turmoil in the gold markets in the United States and the United Kingdom has raised questions about the integrity of certain market participants, including the New York Commodities Exchange (Comex) and the London Bullion Market Association."
The letter asked: "-- Has your commission ever audited the gold kept in Comex-approved vaults and reported to the commission as registered or eligible for sale and delivery? "-- If such audits have been conducted, when and what did they find?

"-- Who conducted these audits?

"-- Were these audits ever made public? If so, when and how? May we see them?

"-- Are future audits planned? If so, when and who will conduct them?"
In recent years, GATA has put similar critical questions to the CFTC without getting answers. Several of those questions have been pressed by U.S. Rep. Alex X. Mooney, R-West Virginia, but the commission has evaded his inquiries too.
Especially avoided lately by the commission are whether it is is aware of futures market trading by the U.S. government, its agents, and other governments, and whether it has jurisdiction over manipulative trading by the U.S. government. While the commission refuses to answer whether it is aware of futures trading by governments, filings by CME Group, operator of the New York Commodities Exchange, with the CFTC and the U.S. Securities and Exchange Commission show that CME Group provides special discounts to governments and central banks for surreptitious futures trading. " ( my highlight & underline. "special discounts for governments and central banks" WTF ?)gb

Now we know who and how Gold and Silver prices are less than actual value. gb

The letter is too large to post as a screen shot.
View Letter Here: https://www.moneymetals.com/uploads...-MMX-PN&utm_medium=email&utm_campaign=content
 

GOLDBRIX

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#5
CONCERN: Fox Business crawler is showing Silver priced # $18.02 which is currenlty is 54 cents more than KRAPCO and 53 cent higher than Coinflation. Ican't catch a silver price on CNBC.

Why the disparity ? I seen this happen a few weeks ago but KITCO and Coinflation caught up eventually.
 

anywoundedduck

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#6
CONCERN: Fox Business crawler is showing Silver priced # $18.02 which is currenlty is 54 cents more than KRAPCO and 53 cent higher than Coinflation. Ican't catch a silver price on CNBC.

Why the disparity ? I seen this happen a few weeks ago but KITCO and Coinflation caught up eventually.
Are they getting the Bid and Ask price from different gold markets?... or are they lying?
Inquiring minds want to know.
 

GOLDBRIX

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#7
Well, Money Metals has Spot @ $17.74. Making their spot price 22 cents higher than Krapco & Coinflation.
I guess it is shopping season for spot pricing.
 

Buck

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#8
It's May...

LOL

makes all those little ditty's seem stupid right about now...rule of 7's, compounding interest...zero is still zero...

LOL

Stock Market adjusts every 7 or so years...

LOL

if anyone thinks this is the time to 'sell and go away' may miss an opportunity of a lifetime
 

GOLDBRIX

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#9
PRECIOUS METAL SHORTAGE, ALL HELL COULD BREAK LOOSE - Eric Sprott interview.
Go to the SOUNDCLOUD frame ( halfway down the page.) The entire audio is only 23 minutes long but if you are under time constraints jump to the 3:40 min. mark for the opinion piece. Later in the interview he talks about Junior Miners he is or has interests in.
For your edification, entertainment, or curiosity:

https://www.sprottmoney.com/Blog/al...tals-shortage-weekly-wrap-up-may-22-2020.html
 

ZZZZZ

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#10
CONCERN: Fox Business crawler is showing Silver priced # $18.02 which is currenlty is 54 cents more than KRAPCO and 53 cent higher than Coinflation. Ican't catch a silver price on CNBC.

Why the disparity ? I seen this happen a few weeks ago but KITCO and Coinflation caught up eventually.
Fox Bizzzz, CNBC, Bloombag, etc, they cite the nearby futures price.

Kitco, Coinflation and most coin dealer websites cite the spot price,

Yes, the spread between the two is at historic extremes, roughly 50 cents an oz.
.
.