By now the cat is out of the bag, it's no secret anymore. The reason they can keep doing it and will be doing it until the status quo is deemed obsolete - is because they're doing it on behalf of the government.
Remember when 1/3 Oz was 50c, maybe they just want their monopoly money to look good to the punters vs real currency
Just as a matter of interest was anyone here buying silver at that time at that price or even remember seeing those prices?
I am not that young and didn’t start buying silver until the 90’s and not that much until the turn of the century.
Now that shows how old my brain is. Just didn’t connect the obvious dots. Did anyone here collect these around that time before they were so quickly pulled from circulation?
36 million were minted, so almost 11 million ounces made it out before they were recalled. Safe to say many still circulating in the hands of stackers.
Yes I imagine between the stackers here there are quite a number. I certainly would like to be holding a few more thousand. All in good time grasshopper.
JP Morgan makes it clear to staff that Taiwan & Hong Kong are part of China https://www.rt.com/business/468573-jp-morgan-taiwan-hong-kong/
Demolition permits were filed Tuesday for the JPMorgan Chase HQ at 270 Park Avenue, CityRealty reports. The building will be the tallest planned demolition in history. The filing is a significant step for the bank on the way to replacing the 1.5-million-square-foot Modernist tower previously known as the Union Carbide Building with a 2.5-million-square-foot skyscraper, to be designed by British Pritzker Prize winner Norman Foster/Foster + Partners architectural firm. must be the new owner telling them
I started collecting Franklin Mint coins about 1966 but soon realised the premiums were too high so sold out. By then I was into some good drugs so most of my money went on sex, drugs, and rock & roll, the rest I just squandered.
It makes sense because if silver miners know that China is buying, do you think they will still be selling their silver for $14 an ounce not too long ago? It's the same with Palladium, Russia knows China is buying Palladium, that's why they are selling it at $1600 an ounce.