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samking73
Member since February 2013
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When Silver Sneezes, Derivatives Will Catch a Cold

- Jeffrey Lewis -

Confiscation will never happen................if you listen to at least one of the usual commenters on here. Huh-hum! I suppose those people think asset and dollar confiscation of all kinds will never happen either, even though its happening now. Nevertheless, I will continue to keep (if any) gold and silver I own hidden and to myself.

Commented 4140 days ago

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Beginning of the headline :What would a silver market default look like? Look no further, because a silent default is happening now. The cash settlement mechanism for the default has been well-established and put in place for that purpose.Cash settlement for now, nevertheless, without physical delivery for industrial users, would send shock waves throughout the industry. The drama is enough to trigger a panic, despite any ability of some users to switch or find substitutes.Like all financial defaults, the break in confide... Read More

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