The Silver Institute President joins us to discuss the dispute between First Majestic CEO Keith Neumeyer and the Silver Institute. Plus we get Brad's take on the silver market, Russia/Ukraine, commodities and more ...
One, it indicates another sharp increase in the precious metals’ derivatives holdings of Bank of America. In addition, the total amount of precious metals derivatives held by all US banks reached record levels, despite prices not being at record levels.
The U.S. economy has been growing on borrowed money for far too long now and is now “skating on thin ice,” with higher housing, energy, and food costs. This is a recipe for a major downturn.
The biggest financial paradigm shift in our lives is underway, and there's no turning back. No one knows exactly what it's going to look like going forward nor how we'll be able to get there.
Patrick Karim discusses the latest in the silver charts plus more.
He shows us and explains how Silver is performing now compared to the past 100 years.
The bottom line on all this is that we are still set up to explode upward in silver, but that one entity, JPMorgan, controls the timing. Hey, JPM controls just about everything in every market..
