Awesome, he is expounding on this Asian guy (AI) which is clearly some kind of psy op on this whole silver issue. He points out that this story about the US mint repricing silver to $173 an ounce is part true and part lie.
The BIG LIE About The US Mint Price Hike! They Don't Want You To Know The Truth
The proofs are $173, and you can buy the silver at this price. This part is true which is why I didn't post the Asian guy video but rather shared a link to the US mint on this.
The lie is that he then says they did this with a view to $200 an ounce. We have no idea what the goal is. However, the non circulating silver eagles are probably can be bought for $100 an ounce. The US mint doesn't sell to the public.
He agrees the increase in price is insane. He feels they have gone too far.
Now this is my personal opinion of what might be the motivation. They may realize the amount of silver they have access to for the next few months is significantly less than previously. Suppose you have a business and need to make 100k every three months. If you have 100k ounces of silver you can simply charge a $1 dollar premium and make your 100k. However, if you can only get 1,400 ounces of silver, you now need to make $73 premium on each one to make the same profit. The raising of the price based on simply ratio of a supply and demand curve indicates that supply is down, hence price must go up.
So let's return to Asian guy, the psy op. In order for a psy op to be effective they must first tell you the truth until you trust them and then they can manipulate you. If you go back over the videos from the past few months you will see those videos played fast and loose with the facts but the general message that supply was down and demand was up was true, and the message that silver was skyrocketing was also true. My guess is once the industrial silver has been secured Asian guy will be used to induce a mania, a buying frenzy, doubling the price of silver from what the industrial buyers paid and then institutional holders will dump their silver, make a killing, shake out all the pikers, and buy back the silver at half the price they sold it at. You will know it is time to get out when MSNBC is telling you to buy.
The BIG LIE About The US Mint Price Hike! They Don't Want You To Know The Truth
The proofs are $173, and you can buy the silver at this price. This part is true which is why I didn't post the Asian guy video but rather shared a link to the US mint on this.
The lie is that he then says they did this with a view to $200 an ounce. We have no idea what the goal is. However, the non circulating silver eagles are probably can be bought for $100 an ounce. The US mint doesn't sell to the public.
He agrees the increase in price is insane. He feels they have gone too far.
Now this is my personal opinion of what might be the motivation. They may realize the amount of silver they have access to for the next few months is significantly less than previously. Suppose you have a business and need to make 100k every three months. If you have 100k ounces of silver you can simply charge a $1 dollar premium and make your 100k. However, if you can only get 1,400 ounces of silver, you now need to make $73 premium on each one to make the same profit. The raising of the price based on simply ratio of a supply and demand curve indicates that supply is down, hence price must go up.
So let's return to Asian guy, the psy op. In order for a psy op to be effective they must first tell you the truth until you trust them and then they can manipulate you. If you go back over the videos from the past few months you will see those videos played fast and loose with the facts but the general message that supply was down and demand was up was true, and the message that silver was skyrocketing was also true. My guess is once the industrial silver has been secured Asian guy will be used to induce a mania, a buying frenzy, doubling the price of silver from what the industrial buyers paid and then institutional holders will dump their silver, make a killing, shake out all the pikers, and buy back the silver at half the price they sold it at. You will know it is time to get out when MSNBC is telling you to buy.