#gold #silver #silversqueeze #futures #comex #spotprice #bullionbanks #perthmint #lbma #wallstreetsilver
Today we will look at bombshell comments from a former U.S. treasury official or the director of the U.S. Mint concerning the gold and silver markets.
According to Mr. Edmund Moy gold and silver prices in the Comex and the interbank or LBMA market have no basis in reality. He also notes that there isn't enough physical gold or silver at current prices to back all the paper claims on Comex and other synthetic products.
Edmund C. Moy: https://en.wikipedia.org/wiki/Edmund_C._Moy
Mints are running out of gold; not enough physical silver to cover paper– former U.S. Mint Director:
What Is the Spot Price for Gold and Silver and How Is It Determined?: https://studio.youtube.com/video/5R3sDY5__Q0/edit
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Thanks again, as always, for keeping us updated and educated, @maneco64.
Thanks Mario for confirming what we all think is the case.
Gee I wish I can get some zero percent loan from Mr Powel to get more physical at Comex prices....
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