And not to be forgotten were the approximately 61 million troy ounces that India imported during October and the question has to be asked as to where that all came from considering that the silver market is in a structural deficit. Inquiring minds, including yours and mine, would love to know. One has to suspect that it came from JPMorgan & Friends.
Ted Butler: A Time to Act howestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from howestreet.com Daily Mail and Mail on Sunday newspapers.
February 6, 2021 | Is a Crisis in the Silver Market Dead Ahead?
Ed Steer Ed wrote the daily precious metal commentary for Casey Research
starting in 2008. His stand-alone column became their most
highly-rated blog [either free or paid] almost from the outset and
remained that way until he started his own subscription-based website in
June of 2015.
06 February 2021 Saturday
YESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUM
The gold price didn’t do much of anything in morning trading in the Far East on their Friday. But starting around 12:45 p.m. China Standard Time it began to edge a bit higher and jumped up some more minutes after the London open. That rally wasn’t allowed to get far and from that juncture it was sold lower going into the 8:30 a.m. jobs report in New York. That sent the gold price higher, but it obviously ran into ‘something’ around 12:30 p.m. EST and it crawled lower until around 4:20 p.m. in after-hours trading. It ticked a few d