that's the rub. there isn't a silver bullet here because the price of oil can be manipulated back up by the POTATUS by simply sending troops back to Syria and Iraq, thus driving the value of silver back down.
Ideally we break the market like in March when spot was $13~ but premiums were double.
IIRC crimes had to accept 400oz LBMA bars as collateral because too many people were attempting to claim their metals physically (despite crimex being able to settle in cash va physical). The physical demand broke the fractional reserve system used by the so called bullion exchanges.
that's the rub. there isn't a silver bullet here because the price of oil can be manipulated back up by the POTATUS by simply sending troops back to Syria and Iraq, thus driving the value of silver back down.
Ideally we break the market like in March when spot was $13~ but premiums were double.
IIRC crimes had to accept 400oz LBMA bars as collateral because too many people were attempting to claim their metals physically (despite crimex being able to settle in cash va physical). The physical demand broke the fractional reserve system used by the so called bullion exchanges.
LOL "fractional reserve of bullion"
It's the Crimex and LBMA business models...