/biz/ - Business & Finance

>>30179291

>>27562601

>>27184892
They do. Until they don't. The problem for them is they only control the PAPER market, they don't hold the physical. That's why silver is so more attractive than gold. (((They))) own most of the gold and therefore control the market to a far greater extent than they do silver, because they DON'T control much of the physical.

>>26940711
Government stockpiles are 3 weeks' mine supply at best. You have a few other stockpiles which are reserved exclusively for industrial use. That's it.
https://goldsilver.com/blog/the-potential-looming-catalyst-for-silver-no-one-sees-coming/

>>26874360
The source was given by maneco64 somewhere. We know that governments only have 3 weeks' worth of the annual silver supply in stockpile. The annual investable supply is only about 100 million ounces. Barely over 2 billion dollars.

>>26836881

The silver stockpiles are minuscule. Only a few weeks' mine supply. And only 100 million ounces of silver are available for investment each year. Less than a 2 billion market cap. For reference, Bitcoin is 500 billion. Gamestop is 25 billion.

>>26837060

Kinesis is essentially Bitcoin Cash, banking the unbanked, 24/7 transactions, trustless, send it anywhere, except that every token is 1:1 redeemable for an ounce of gold or an ounce of silver. You can also pay with a gold or silver-backed debit card. You can learn about it here

https://www.youtube.com/watch?v=5Q9aYYluRA0

>>25963745

>Specifically HOW would instituting a gold standard for the US economy be done? What is the step-by-step process for converting from a half-century of fiat currency back to a gold standard, especially with the insane money printing of late?

It is extremely easy to go back to a gold standard; can be done with the stroke of a pen and in the blink of an eye. "Going back to a gold standard" simply means that you allow your national currency to be convertible into gold. You announce that "$15,000 now = 1 ounce of gold," and that is that. People can now redeem that paper for an ounce of gold. Same thing goes for issuing a platinum standard (as we might see in Russia), or a silver standard (as we shall almost certainly see in Latin America).

If Russia and China went back to the gold standard, the dollar would immediately crash to zero, and suppression of commodities on the COMEX would cease. So silver would soar on that basis alone. However, it is almost certain that the Latin American nations would then remonetize silver.

https://goldsilver.com/blog/the-potential-looming-catalyst-for-silver-no-one-sees-coming/

>>25746584
>>25746625

>Will this affect silver much?

The end of the dollar will end silver suppression, so it ought to return to its historic 15:1 ratio with gold. I imagine also that the Latin American nations will return to silver as money. Governments will also start stockpiling silver again. Jeff Clark talks about this here.

https://goldsilver.com/blog/the-potential-looming-catalyst-for-silver-no-one-sees-coming/

https://goldsilver.com/blog/the-potential-looming-catalyst-for-silver-no-one-sees-coming/