as of jan 1st. the banks are allowed to value their gold assets at fair value,instead of at 50%.So,do you think for one minute they will hold paper? Hell no they can double their assets value holding the metal. Gold is KING!
We know that there are two prices. One is the spot price that is now being suppressed and the other is the bullion price which is the real price of silver. The COMEX is currently unable to satisfy all delivery demands for silver bullion. Many private deals will be made with those now standing for delivery by offering fiat paper at substantially higher prices than what silver bullion is now being traded at. Once investors observe this, huge numbers of contracts will be bought for future deliveries. What a deal! Silver prices will soon be soaring upward as a result. SS