http://www.youtube.com/watch?v=6nMaAHKIcm8&feature=feedu Pretty much says what you expect him to, look forward to the debate on the 22nd
Yes he says the Perth mint is full of silver (depository) just a pity no one can buy any from the Perth mint at the moment.
Ha ha - Aren't you watching inventories or listening to dealers in trading centers like NYC, London or Hong Kong? He's one of a small number of types rolling out the 'NOTHING TO SEE HERE' line... He should be fired. VRS x
I am in perth today and dropped into the mint for a look, After the tour went to the bullion buying counter to pick up a few oz of souvenirs, didn't happen. They had a couple of 5 and 10 oz kooks and rabbits, no small bars, no 1oz kooks. I should have played them this clip and asked them to open up the stacked vault. Or maybe they just don't like east coasters pinching their metals. Got a colour 1/2 oz goon and thats it, left about 63.5oz lighter than i hoped. Bugger.
Well the PM have no issues getting Silver that much is true, just out of stock and haven't the ability to keep up with demand. Heres an interview with bill murphy, the guy on the other side of the debate: http://www.youtube.com/watch?v=hcpB0iUKvK4&feature=feedu Looking forward to the 22nd
Went into Ainslie today They have been rationed silver. Yet Jeff says Perth Mint can supply evverrryyoneeeee with whatever they want. Yeah right. This guy is a crook/crim/cash under the table kind of guy. Even better reason to go out and wack your plastic down for real money.
Quote away. I will try again tomorrow and if not i will invest in something more liquid. The wine in margaret river. And i will be going short on those buys.
This guy is a load of crap. Wasn't this the guy that let the cat out of the bag when he mentioned to the CFTC that paper silver was leveraged at 100:1. How can there be no shortage, when there is excessive amounts of paper silver backing a finite amount of physical. Any ratio over 1:1 means there is more paper then there is real metal. Anyway, lets see what happens when China picks up and buys more. As far as I see, at the end of the day there is way too much fiat money chasing whatever amount of finite physical there is on the planet. The price of physical will be inversely proportional to the remaining confidence in fiat currencies. This guy might be covering his ass from the elites, since he let the cat out of the bag. His telling you porkies so that the masses stay away from physical metal. Happy stacking guys. Slam
we have to be realist, be it rice or silver. if the rice is packed in 100kg, 50kg 25kg 10kg 5kg 2kg 1kg. and all sold out pack is 1kg and 5kg, we do not call it a shortage, since we can easily buy the 50kg pack, unless none available , then we call it shortage. if silver come in 1000 oz, 100oz 1kilo, 20oz 10oz and 1oz. just for whatever reasons, there are no 100oz bars, 1kilo bars,20oz bars 10oz bars or 1oz. that does not mean there is a shortage when 1000oz bars are readily available. silver can be made into smaller size like rice can be pack in smaller pack. never like cpm, cos their numbers are bogus, can be scientifically proven wrong very easily... awaiting for the 'silver debate bill vs jeff'
Love how he uses the Perth Mint to make his point.. Perth Mint has soo many bars they are BREAMING with them and scrambling to get them out the door.. Pick a company down-under so that no-one can challange his point.. Like what Alex Jones does with his environmental citizen police in australia speal every month or so (the majority of his listeners DONT know this is not what is actually happening down-here). Well guess what... if thats a lie.. then we can basically call this guy a shill.. he must be full of (sh)it 1for1
There's a huge difference between a claim "we have a silver shortage" and reality, which is: "the demand for silver in investment form is so big, that mints can't keep up with it". Look at the huge increases in mintage numbers in last 2 or 3 years, there must be a physical limit of how many coins can a mint produce. It's not like they can increase their productive capacity on a whim. And while silver shortage implies silver bullion shortage, it does not work the other way. You cannot claim we have a silver shortage if you can easily get 10 tonnes of this stuff from a refiner. The market manipulation is a totally different beast.
