Recent Australian economist view on physical silver

Discussion in 'Silver' started by minimilled, Jan 11, 2020.

  1. minimilled

    minimilled Member

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    https://www.adamseconomics.com/post/physical-silver-represents-amazing-value

    Interesting site for a doom fix and almost certainly an SS member or at least a lurker.

    The article’s premise of value is almost 100% GSR based.

    I think the author, who has had opinions published in The Daily Telegraph, Canberra Times amongst others, should be cautious in quoting David Morgan and FM’s Neumeyer. Both of these people have made big forecasting calls on silver not all that long ago and both were wrong.

    It would seem wiser to nuance any reference to their opinions with that caveat.

    There is a fresh article there about “the undeniable manipulation”, which is like a bundled album of old silverstacker tunes from 10 years ago.
    https://www.adamseconomics.com/post/the-undeniable-manipulation-of-the-silver-market
    It mentions a fairly recent development I’d read elsewhere (maybe the ‘Lombardiletter’ site) about the US Justice Dept calling JPM’s metals desk “a criminal enterprise” and the RICO Act coming in last year, with similar views about the implications of a successful prosecution.

    Yet that could take forever.

    Also it should be noted that JPM has the largest official private stack in the world, I think equal to about a half a year of global supply.
     
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  2. minimilled

    minimilled Member

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  3. minimilled

    minimilled Member

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    “It is no hyperbole that the Morrison Government is more reflective of a soviet style socialist government than a centre-right freedom loving, pro-markets government. The Government’s ‘free money’ policies for the banking system (i.e. quantitative easing and zero or negative nominal interest rates) is in effect communism for Australia’s big 4 banking oligopolistic cartel.“
     
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