Maybe, Just Maybe The Silver Market Is About To Break – Got Physical?

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Maybe, Just Maybe The Silver Market Is About To Break – Got Physical? by Rory for The Daily Coin

Those of us that have been following, participating, analyzing and reporting on the silver market have been waiting for some solid, real news for many, many years. The first real piece of good news came in the April / May 2020 timeframe when it was obvious the LBMA market was completely broken.

Just a handful of headlines discussing the situation that began late last March and became a real issue by early May 2020. This has not been corrected. The impact has been in both the gold and silver markets. The new issues, unprecedented demand for physical metals and millions of retail investors threatening to swamp the COMEX with contracts.

HSBC sees surge in value-at-risk limit breaches, cites ‘delivery disruptions in gold market’
Top Two Gold Refineries – 85% Capacity May 4
Silver market faces supply crunch as Mexico curtails production
No Gold For You! None For You! None For You! No Silver Either!
Epic Gold Bar Shortage Globally: Credit Suisse Tell Clients “Do Not Bother Asking”
Alasdair Macleod: Gold / Silver Supply Chain Will Be Broken For Months
LBMA-COMEX collusion intensifies as CME approves 267 LBMA gold and silver bar brands

What we see happening now is a direct result of the actions taken in 2020 by the criminal bullion banks, the so-called “regulators” and the two largest markets, COMEX in New York and LBMA in London – both corrupt to the core and both bankrupt, morally and physically. The worlds top refineries being closed for several weeks and then opening at approximately 50% for a couple of weeks and then at 85% for a short period played a huge role in the shortages we see today. It seems like we are going to have a reckoning either in 2021 or 2022 with gold and silver. Both physical markets are in seriously bad condition with supply problem all over the world.

 

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The Daily Coin

Rory Hall, The Daily Coin and Gospel News Network. Beginning in 1987 Rory has written over 1,400 articles and produced more than 500 videos on topics ranging from the precious metals market, economic and monetary policies, preparedness as well as geopolitical events. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver, Gold Seek, SGTReport, and a great many more. Rory was a producer and daily contributor at SGTReport between 2012 and 2014. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Dr. Warren Coates and Peter Schiff, to name but a few. Don't forget to visit The Daily Coin and Gospel News Network to enjoy some of the best economic, precious metals, geopolitical and preparedness news from around the world.