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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Saturday, 11 January 2014

http://www.safehaven.com/article/32362/silver-bottoming?utm_source=mcverryreport.com

"Unlike gold COMEX silver registered stocks eligible for delivery have actually been rising in 2013. According to numbers from the COMEX, there is some 50.5 million ounces of silver stocks available for delivery. This is up from under 40 million ounces available at the beginning of 2013. Based on today's valuation of about $19.60 the value of available stocks is only about $1 billion. When one considers that the Federal Reserve is still maintaining monthly bond purchases of $75 billion the amount of available silver stocks is a pittance."

1 comment:

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