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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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BREAKING and STUNNING: US MINT to RAISE price 1oz SILVER EAGLE to $67/oz in FIVE DAYS: on October 13th!
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Poster Handle
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Anonymous Coward |
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Post Content
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Here is the telling statement from the U.S. Mint. This appears to be step #1 in silver market price discovery. The suppression just may be ending. I guess we wait and see. October 13th magic day.
The US Mint says, “Prices for products containing silver will change EFFECTIVE October 13, 2020…re-setting silver prices is necessary”…
"RE-SETTING SILVER PRICES IS NECESSARY."
Quoting: Anonymous Coward 34166608 Yes AC I noted that too. I think that is right. Whether it really (starts for real) on October 13th, I don't know; we'll see. But I've closely following this for years; and especially since late spring/summer, when really crazy things started occurring with volume and deliveries...and other things too: THINGS LIKE...WHY HAS IT BEEN REPORTED (MULTIPLE) THAT COMEX RECENTLY HAD TO SEEK AND ACCEPT OVER ONE HUNDRED NEW REFINERY-EQUIVALENTS, FROM DIFFERENT PARTS OF THE WORLD (INCLUDING CHINA), IN ORDER TO GET Ag or Au BARS? IN OTHER WORDS, APPARENTLY THEY DID NOT HAVE ENOUGH 'GOOD-DELIVERY' BARS. TO ME THAT IS (BOTH SHOCKING AND TELLING).
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