Even a small substitution from gold to silver would result in a massive increase in the price of silver. A 10% reallocation from gold jewellery investment to silver in India would nearly double world silver jewellery demand.
We discuss the markets in general today in this video before moving onto the topic of American Greed, and an analysis and cure for the typical way investors lose all their money to these Ponzi Schemes.
With the prominence of passive investing stock pickers need to make sure they pick a good stock, but within the right sector which has the passive money at their back from an overall fund flows perspective.
Risk evaluation is a given regarding anything in financial markets these days, and has been the case forever taking into account the multiple market crashes and "Melt-Ups" in almost every asset class for the last century of historical price data.
So let me get this straight a $1 difference in the oil price means an additional 1 Billion extra to Iran and Iraq`s annual oil revenue and they are fighting over a measly 200,000 barrels per day oil production delta.
The irony is that it would work because Saudi Arabia would get the same amount of revenue from half the production as oil prices would double in price in two weeks, and as oil prices keep rising Saudi is again the swing producer in the oil markets.