/biz/ - Business & Finance

Anonymous Sun, Jun 11, 2023 06:37:54 No.55258070 [View]
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spot prices are fake

>Industrial demand for PMs are increasing
>Demand is increasing while global supplies are decreasing, we're nearing peak production and annual production is starting to decline
>Silver price suppression has led to low activity in industrial recycling
>Not only is price suppression easier for silver than gold, but it also helps suppress gold
>According to LBMA and COMEX combined, there is a GSR of about 4:1
>Then again over 95% of that is all paper unicorn fart dust anyway
>David Ramsey and Warren Buffet will still tell you not to invest in PMs

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