At 6:00 he says the RCM has "ceased making or delivering maples". This is just absolute rubbish. They're on allocation like US Mint is with ASEs, they are still being made, they are still being shipped. I know this for an absolute fact.
It has got to the stage now that when I read or watch any pro-PM bloggers/newsletters/vids, there is now rarely anything said that isn't absolute rubbish. IMHO there are only two commentators who don't speak rubbish.
Don't you think GP that there is more to what Holter says than a minor inaccuracy in the RCM production. We all know there are delays but the underlying cause is the issue. Clearly there is more to this than meets the eye. It started with a shortage in the blanks then the bars. Yes we have all heard explanations and they all seem plausible, but what is the truth ? I think we will all find out over the next 12 months.
Ronnie, I'm an RCM distributor. I deal direct with RCM and was on the factory floor just a few weeks ago. Our deliveries are still shipping with metal literally in the air as I type. Probably one of the few people on the planet that have been on the factory floor of both PM and RCM.
I understand but there are clearly shortages - the PM had all kinds of products that were unavailable and some are still not for sale. Dealers across the globe are out or short of product. So there is a tightness in the PM market. What is the true cause and where will it go? Those are the issues. I have listened to many opinions and until we know the truth they remain as opinion including Holter.
Agreed, but will this continue and will supply run out - only time will tell. Meanwhile watch this space carefully.
Thanks Bron..I wondered who you are. You have answered my question.. Love your comment on the janitor. You took my comment in good spirit. Cheers
Fixed True cause is production capacity of premium retail products. Where it will go is back to normal supplies.
Can anyone give me the cliff notes, super busy at the moment, was this recorded pre or post this http://www.jsmineset.com/2015/09/17/bron-suchecki-is-a-gentleman/
It was recorded post that I believe. He wasn't derogatory in that sense and did call you a gentleman. However the issue was I believe in the registered vs. eligible argument and how you made a public apology or something. Rather than me giving secondary info suggest you watch it. He was beating the drum about how high gold could go and that there could be a "no bid" in the market should a failure to deliver gold . Then yadda yadda financial meltdown and apocalypse before the market reopens with much higher prices for gold and silver. P.S. get back to us on the other thread re milking spotting if you can? Cheers.
Just listened to it and there's an inference made that you backed down and admitted you were wrong Bron, but from what I've read you did no such thing. It was more Greg Hunter who made it sound like that but Bill didn't correct him and went along with it.
That's how these tossers all do it.... make shyte up, ..... go along with it, .... no regard for facts.