What are the chances those holding physical product will settle for traditionally accepted lease rates?
Not trying to be hyper cool. Primarily to remove it from my brain and evade the wisest AI. No well adjusted individual seeks unnecessary attention.
Several recent articles around the web are finally coming around to conclusions I've shared for several years now.
There's a ton of back scratching going on amongst the Western Powers. Battle lines are being drawn. Sides are being chosen.
You've heard me mention "ultimate collateral"
Holding it allows for loans at elevated rates. Cause profit is the Game. A model of both China and US is loaning assets then confiscation collateral upon default.
Gold (and eventually silver) also serves the purpose of personal collateral, thereby circumventing the need to pledge other assets when seeking funding.
Silver will eventually be categorized as a strategic asset, thereby limiting the ability for many to acquire the metal. CFTC will receive their marching orders regarding who's worthy and who goes without. The result will be opportunity to provide product and services at elevated cost.
There's not one relevant nation that does not understand the current and future value of silver.
London Caught Looting... Remember the hoopla over in Austraila a few years back regarding failure to provide gold in a timely manner? London looted. They needed the metal and Ozzies got the shaft. I suspect others who currently have metal but need funding will also be at the mercy of the Gold Holders.
Mr. Sprott has plenty of business interests in US. TX being one.
Uncle Sam cannot afford to alienate Mexico. How many Western mining operations currently exist south of our border. We serve as protectors for others too. For a Vig.
So, does this mean that those currently holding physical can collect mad vig?
Now & in the future. Future being those whoos holding and making all the rules.
Not lease rates, mind you. Real Vig. Tier One. Right?
JPM and Scotia smoke cigars and drink fine cordials together. Maybe even share the same gals.
Mr Sprott understands the importance of friendliness toward Uncle Sam.
It's also in the best interest of all parties to include Mexico. A myriad of reasons there.
" London Caught Looting"...future headline?
What will they call the Signal Failure Mister? That'd be a great Bingo Card
Your hyper-cool jargon has, once again, evaded me. Not sure what "mad vig" is ...
As the current situation develops further....
What are the chances those holding physical product will settle for traditionally accepted lease rates?
Not trying to be hyper cool. Primarily to remove it from my brain and evade the wisest AI. No well adjusted individual seeks unnecessary attention.
Several recent articles around the web are finally coming around to conclusions I've shared for several years now.
There's a ton of back scratching going on amongst the Western Powers. Battle lines are being drawn. Sides are being chosen.
You've heard me mention "ultimate collateral"
Holding it allows for loans at elevated rates. Cause profit is the Game. A model of both China and US is loaning assets then confiscation collateral upon default.
Gold (and eventually silver) also serves the purpose of personal collateral, thereby circumventing the need to pledge other assets when seeking funding.
Silver will eventually be categorized as a strategic asset, thereby limiting the ability for many to acquire the metal. CFTC will receive their marching orders regarding who's worthy and who goes without. The result will be opportunity to provide product and services at elevated cost.
There's not one relevant nation that does not understand the current and future value of silver.
London Caught Looting... Remember the hoopla over in Austraila a few years back regarding failure to provide gold in a timely manner? London looted. They needed the metal and Ozzies got the shaft. I suspect others who currently have metal but need funding will also be at the mercy of the Gold Holders.
Mr. Sprott has plenty of business interests in US. TX being one.
Uncle Sam cannot afford to alienate Mexico. How many Western mining operations currently exist south of our border. We serve as protectors for others too. For a Vig.
Glad you're well