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US Mint Runs Out Of Silver On Same Day Price Of Silver Plunges To 2015 Lows
In the aftermath of the latest breakout of the Greek crisis, Europeans across the continent, not just in Greece (even though with capital controls, potential deposit confiscation and currency devaluation they would have benefited by far the most), scrambled to buy physical gold and silver.
This is what the UK Royal Mint said a week ago, "During June, we experienced twice the expected demand for Sovereign bullion coins from our customers based in Greece."
Other dealers had comparable experiences: “Most of our common gold coins are sold out,” Daniel Marburger, a director of Frankfurt-based CoinInvest.com, said by phone. “When people learned that the Greek banks will be closed, they started to think that it may not be such a bad idea to have some money in gold.”
GoldCore, which buys and sells bullion, reported coin and bar demand increased “significantly” on Monday. Sales to U.K. and Ireland today are about three times the average level for the past three Mondays, according to an e-mailed statement from the Dublin-based firm.
BullionVault, which operates the largest online physical gold trading platform, reported a jump in sales during the first half of this year, a sign of a broader increase.
Earlier today, we learned that the latest place that hit by the precious metal scramble was the US itself, when we learned that the US mint had suspended Silver Eagle sales as a result of a spike in demand, with our source advising that "all bullion distributors (like A-Mark, Dillon Gage, CNT, etc) were already raising premiums."
And while the US Mint rarely issues press releases to confirm such adverse matters, moments ago this was confirmed by Bloomberg:
- U.S. MINT SAYS 2015 AMERICAN EAGLE SILVER COINS SOLD OUT
When will the Mint restock and resume sales?
- U.S. MINT PLANS TO RESUME SILVER COIN SALES IN TWO WEEKS
In other words, no orders until August.
And while the US mint halting sales of silver (or gold) during times of peak demand is nothing new, what is surprising is that as the chart below of monthly silver American Eagle sales, demand in recent months has hardly been off the charts.
Which makes one wonder: just what is the inventory buffer at the mint if a modest 1.6 million ounces of silver sold in one week can deplete the Mint's planned holdings for one entire month.
And another question: in just what supply/demand universe does such an explicit confirmation of a surge in demand for silver result in a plunge in the price of spot silver to its lowest level of the year!?
One wonders if Citigroup, and its soaring silver derivative exposure, may have anything to do with this...
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GS: "no one is buying this dip".
lol
It Is Time, Texas!...Calling All Texas Patriots...Operation Texas> www.OpTexas.org < Join Awake Like-Minded Texans & Help Awaken Other Texans
Operation Texas has a plethora of information, including understanding the silver/gold markets and why one MUST hold both.
Measure Your Wealth In Ounces, Not Dollars.
i just bought some cheap 100 oz bars:
https://comparesilverprices.com/
Just picked up a tube of 2014's and 2 tubes of 2012's.
Physical gold and silver shortage shown by price backwardation:
https://monetary-metals.com/silver-market-change-report-5-july-2015/
Shortage leads to collapsing prices.
When it's all gone, they'll be giving it away for free.
The Keynesian version.
In what world?
In the convoluted world of Keynes.
You really can blame everything on you know who
https://youtu.be/8l_YrPvP7YA
SILVER FTW!!!!!!!!!!!!!!!!!!!!!!!!!!!!
the Mint knows well ahead of time what their supply is. They must have known over a month ago at what point they were going to run out (or lie that they've actually run out).
Given that, I'm sure JP Morgan also knows when the Mint is going to run out as they just may be the ones who are buying up most of the silver Eagles anyway.
Today's slam must not be a coincidence with this news then.
JPM dumped 1 Billion in paper on the market to front-run the news about the Mint being "out" of silver Eagles in order to supress price and scare everyone away from taking the real silver prices to the moon.
Just a theory...
Buy all the phizz you want! NONE OF IT IS RECORDED on those paper 'markets'. Paper is a policy tool....Phizz is a vote with your feet. Choose wisely...
Da! Da! You are buy physical. Gold and is silver too expensive, so buy copper!
With bonds at near all time highs and PM’s making new lows I still see PM’s replacing a significant portion of the bond market as the preferred ‘safe’ asset at some point over the next decade.
Honest question: How do you realize material profit from a buy/hold PM trade? If you're hedging inflation, shouldn't you buy TIPS/short USD? If you're hedging apocalypse, shouldn't you buy something useful like PB or C2H5OH?
Don't vote.
Dont write your Congressman.
Real rebels buy physs silver
The death of the paper market for PMs is a major milestone on the way to the reset. It marks the very end of the ability of the Fed and its owners to manipulate the price of money as measured in fiat currency.
As physical dries up at these low, manipulated prices, more and more people are going to realize that they will never take delivery at these paper prices, and paper will start to be discounted due to low physical availability and increasing selling pressure in favor of cash.
I don't see an alternative to the thing acting like a huge compressed spring that is finally released. When it happens, it will release tremendous downward pressure on the value of the dollar and other fiat.
The idiots at the Fed have managed to bottle up a huge amount of volatility in PMs with their manipulation. It is not if, but when the lid comes off.
Paper and phyical have gone their separate ways.
APMEX is charging over 25% premiums on silver.
WTF.
The reason Ag price is falling - too simple to grasp: someone is selling a shitload of PHYSICAL silver! You just don't know who, why or where ;-)
I'm sorry, but downvotes won't change a thing. -:)
They didn't "run out of silver" that's the big lie.
The idiots bought the blanks at well over $18 per oz. and create the myth that they ran out. Sales are stopped automatically when the market price drops 20% or more below the price of blanks to try to stop the losses from getting too severe.
Government efficiency as usual.
And, if they wait a little longer, they'll have blanks to burn at a REALLY low price!
Yup, here is your "physical" (read: paper) bullion dumping http://www.zerohedge.com/news/2015-07-07/gold-silver-slammed-massive-vol...
# 101: Amazing Fucking NYC HFT BOTS???
Keep Big Stocks/USD Flying, KILL Everything Else ===> Especially PM's...
Simple Enough???
No Doubt Bouffet Is Having A Fine Fuck Of A Time These Days...
Don't vote.
Dont write your Congressman.
Real rebels buy phyzz silver
You're not doing it for inflation - you are buying physical metals to hedge against lack of confidence in the markets / gov't / ...
The best hedge against 'inflation' is debt: Borrow now and pay it back in 'lesser value' units. Hence why they have 'inflation targets'. Hyper-inflation, or failure of the fiat, is a totally different scenario...
Phizz is a parallel currency, one with tangible value, centuries of history to observe, and the benefit of being misunderstood by the 'banking' class (under allocated).
Unsecured debt. Otherwise, good luck if/when you can't repay.
Good rule of thumb, don’t invest in insolvent entities. Litmus test for insolvency is simply if an entity did not have access to loans or a printing press could they meet their near term obligations. If the answer is no, then don’t buy their debt. So I'd say don't touch tips.
Buying PM's is not hedging again apocalypse, it is a superior asset to hold during monetary shift, and it appears as if we are getting close to a necessary monetary shift. Discussions on banning cash, and Negative rates are a hint. They have happened before and are often tumultuous. 1912-1915, 1929-1933, 1942-1946, 1968-1972. No, not the end of the world just a new world monetary system, really isn't all that rare at all. The result, that can be tough to guess but students of history know it hasn't caused an apocalypse in the past.
Boris .. where have you been . .we have missed you tovarich .. my gold silver dealer does sell copper rounds.. coins .. commemorative St. Gaudens and Don't Tread on Me among others .. nice for collections .... Boris .. do not leave again .. you always make my day.
Boris is prefer lead round to copper round, but maybe copper tip round is you are suggestion?
aes alienum
Ja, copper is goot, however, you must be careful with it. It's expensive to buy copper bullion rounds, and while they look great? They turn green FAST.
While I do have about 200 ounces of copper bullion, I save all pre-1981 US pennies. They are 95% copper - 5% zinc and is the cheapest way to get government issued copper. People will be more inclined to trade for copper pennies because they know that the US government is very specific about metallurgy. We also know that the government is culling them out to melt and sell the metal as they churn out the new zinc penny that is copper washed.
we are truely through the looking glass my fellow stackers, get the real while its on sale.
Has The Global Run On Silver Begun? Shortages On The Horizon?
http://srsroccoreport.com/has-the-global-run-on-silver-begun-shortages-o...
Buy Copper!
Are you in lala land, copper is dependent on growth in the economy, I don't see that anytime soon considering China and Europe. Stick with Gold and silver.
You are astute smart! Boris is observing of exact phenomenom, only is find high purity copper ore in urban area of prosperous development. Copper indeed is dependent for growth of economy.
..."find high purity copper ore in urban area... " = gutters and downspouts
That would be Aluminum.
Boris . the new people ZH have no appreciation for farce or sarcasm ./ your great gift is lost on them . but keep it up anyway .. jus tto watch morons be morons.
I want my 5 minutes back you Jerry's Kid
2008 redux. Paper tp zero.
Better have that phys.
Buy Copper!
No Borris,
Buying Physical Silver will take out the criminal Banksters.
Buying copper will not.
But Boris is not rarely finding silver. Silver mine operation is expensive because of thick cement wall of rebar enforcement and sometime is security guard.
"Silver is a barbarous relic." - Queen Blythe the 3rd of the Red Shell
Russia vs. ECHR: The Rise and Fall of the European Courts
http://thesaker.is/russia-vs-echr-the-rise-and-fall-of-the-european-courts/
Boris is nearly 15,000 m* of high quality copper ore storage, everyone, you are buy copper, Boris is sell!
(*various 6 guage to 16 gauage, you pick!)
The polite term is "suburban mining", Boris.
Suburban is mean "below urban area"?
Is make Boris thinking of racist arab joke...
What are you call bloody beat up face of jihadist? "Subturban Renewal"!
Circuit Breakers have Silver Contacts, Boris.
Do not ignore that.
Get yourself some Silver.
https://www.youtube.com/watch?v=L9YTgCuNFDM
There is no backwardation in silver.
The futures are close to flat, but that is due to ZIRP and not much else.
Look at spot offer vs the near forward bid in London.
Look at the CME. There are these weird anomalies in London, but never in the States where the real volume is.
I love to trade backwardation. If it was real, it would run through at least a year of the series, not just spot/nearest future, and that's impossible to trade except for the brokers.
look at ebay to see the real price as an actual market determines price discovery.
The LBMA is the major market.
Trades 1.5 billion oz of silver (paper) per day.
LBGT is alternative market, trade billion tonne of skittle color rainbow each days.
(apologies to Amerikanski have gay marriage... in Russia, is not even gay man, but all is manly!)
The anomaly you are seeing is NOT backwardation. In futures or options, the front month often trades at a small discount to spot. This is due to the difficulty or impossibility of conversion to spot for most traders. So, the market makers take advantage of this, and bid below spot to close expiring contracts.
Backwardation is common in grains, even hogs and cattle, where supply is often different for differing years/months/contracts.
I have not seen it in metals, for the obvious reason that metals are easily stored.
There is physical metal shortage and backwardation of prices of gold and silver in London.
This was deemed impossible for gold historically due to the massive above-ground stock and the fact that most physical trades don't move the physical.
The backwardation should be extinguished but its not - metal shortages.
This must be the phase where physical an paper markets go thier seperate ways. The computer screen will say $12 per oz but you will pay $20 to get a silver eagle.
Yup, I bought a monster box of silver maple leafs @ $20 from what I though of a reputable major NW mint last year and they held my money for 6 months (beyond their contract) even as the spot price declined 30%. I never took physical delivery and they never explained why.
I added to my Silver stack yesterday. I will keep buying no matter how low this goes.
Especially, not "no matter" for me.
@stacking12321
I prefer these guys. I use them all the time. Pricing is all-in with shipping and quantity discounts: http://buybullion.com/search/all-silver-products?quantity=100
I just checked their prices and for American eagles JM Bullion is cheaper with free shipping
very nice, thanks for the link!
Thanks! Good prices at Silver.com, just bought my first 1oz. of Gold.
Me too. I just got some 100 oz JM bars (new) for 1658 delivered. That's a pretty good deal especially if I actually receive them. Its not yours if you don't hold it. Delivery and premium will be what establishes the price from here on out.
Sounds like a good time for the state of Texas to take delivery on $200,000,000 in silver
I Finally Beat ZeroHedge to the punch for once...
BREAKING! US Mint Suspends Silver Eagle Sales AGAIN!
https://www.youtube.com/watch?v=9ieUCEn8zfg
yeah u did Chris...
i got the scoop from u via Andy...
btw: u r appreciated man....stay up.
It helps to report the rumor instead of waiting to read the news... :)
all good man...
we may be miles away but still we're in the same camp...
Thank God for the internet!
no doubt...
What a mess this world has become, as in FUBAR.
Cheers, best wishes and Aloha to both of you.
Just focus on what you can control.
Real freinds. Real Skills. Real Wealth.
and thats real talk...
the collective man...its all about the collective...
start there...and if ur lucky enoght to cross paths with those like minded and spirited you will know...
then join hands...
This guy is such a phony...makes fun of Alex Jones, saying he's all about fear porn, then this guy goes on in the exact next sentance to say you better get silver or you will die, lol.....if you are going to call someone a spade at least have the common decency to practice what you preach....come on
Well he does say to listen to all and follow none...
He IS right about fakepatriot Alex Jones. A friend of mine is quite well known in the alternative media and has gone shooting with AJ on his property in Texas. According to him... Jones is a DOD contractor paid handsomely to misguide the awakening masses.
Remember when AJ said Arabs run Hollywood? LOL!
Remember when AJ reported on the Mossad agents arrested with truck bombs on 9/11...? Oh wait, he avoids all things Israel...
It's not just the MSM that is a Zio controlled shitshow. Do your own research brother.
LOL sure, I know a friend of a friend who's friends with Jones and he says he's not, lol
I couldn't care less about your friends. One glance at your name and I know you have shit for brains or you are a .zog sock account.
Maybe you should watch Greatest Story Never Told and apologize to ALL of Hitler's surviving ancestors for comparing him to Billary.
CUNT!
Jones has been soft on Irael a number of times, especially RE the ongoing genocide of the Palestinians. He throws up his hands and says they just hate each other without looking at the situation truthfully. But he is good on many other things. And he did produce Fabled Enemies with Jason Bermas which does an excellent job looking at the Israeli connection to 9/11.
Jason Bermas.... LMAO!
When a shill realizes they are becoming obsolete, they tend to throw in a few strips of bacon along with the turds. My favorite Bermas segment was when he said everyone that questions Israel and Jewish control should kill themselves... Take a bath with a toaster were his words I believe.
SRSRocco:
Has The Global Run On Silver Begun? Shortages On The Horizon?http://srsroccoreport.com/has-the-global-run-on-silver-begun-shortages-o...
The situation in the silver market seems to point to the beginning stages of a GLOBAL RUN ON SILVER. I say, “it seems to point to a RUN on silver” due to several indicators I am looking at. This also may force the global silver market to suffer shortages in the future. Why? Well, let’s take a look at these different indicators.
First, I recently wrote an article Why Is The U.S. Importing So Much Silver Bullion?, showing that U.S. silver imports picked up considerably in the first two months of the year. Well, this continued into March as total U.S. silver imports reached a hefty 1,504 metric tons (mt) compared to 1,129 mt during the same period last year:
U.S. silver imports are 33% higher than the first quarter of 2014. If we consider industrial silver demand, Silver Eagle sales and the Comex Silver Inventories, the U.S. Silver Market did not require an additional 375 mt of silver. Industrial silver demand was probably lower due to a falling U.S. Q1 GDP. Silver Eagle sales were actually less the first quarter of 2015 compared to 2014 and total Comex silver inventories didn’t change all that much.
So, what gives? If the U.S. Silver Market needs less silver than it did during the first quarter of 2014, someone must be stockpiling silver. There has been speculation that JP Morgan may be one of the big buyers. If they are, they are buying bullion bars and not Silver Eagles or Maples. Furthermore, I do believe there are hedge funds and individuals coming in and buying huge amounts of Silver Eagles. This is probably due to the increased financial turmoil stemming from the Greek situation.
Secondly, India is importing the MOST SILVER EVER. As I mentioned in another article, INDIAN SILVER IMPORTS: On Track To Smash All Records, India imported a massive 3,000 mt in the first four months of the year. If this trend continues, India will import a whopping 9,000 mt in 2015, surpassing its previous record of 7,000 mt in 2014.
Steve is right on the money.
We did an excellent interview with him awhile ago.
The Government Will Not Survive: Socratic Series #1 Steve St. Angelo
https://youtu.be/rIMEof-DW6o
Here's another the Doc posted earlier today from the Wealth Watchman:
Something VERY Interesting is Brewing in Comex Silverhttp://www.silverdoctors.com/something-very-interesting-is-brewing-in-co...
Last year was the first time since these records began, that world government silver sales were ZERO.
What this means is that while governments may or may not have more gold to dump onto the market, from this point on, they are out of state-owned, physical silver for all rigging intents and purposes.
Mine supply is the only card they have left, as silver’s monstrous flow, worldwide, is literally “hand to mouth”.
Not only ZERO physcial govenrment sales...
The big banks went FULL RETARD on PM Derivatives!
Got Physical?
"literally hand to mouth"?
don't be silly, you can't eat silver.
oh, wait it's the word "literally" that confused you, you just didn't know what it means. that's ok, don't feel bad, a lot of people seem to have that problem these days.
I enjoy your videos, Chris.
Keep up the good fight.
It's crazy I have posted over 1,000 videos in 4 years.
https://www.youtube.com/user/TruthNeverTold
We are closing in on 100,000 subs.
And as soon as the dollar collapse happens there will not be a need to say one more word.
It will either be too late or too dangerous to talk such logic.
man i aint gonna even front...
"listen to all and follow none" is the quote that i recite over and over again starting the moment i happened across the Silver Shield many moons ago...
it was definitely destiny...many thanks.
"I am very fond of the truth, but not at all of martyrdom." Voltaire.
"when you come to a fork in the road, take it!" - yogi berra
Here, here...
Nice to know you're here too Chris
I found/find your videos to be quite influential & illuminating... thanks for all your work in that regard
And as someone once said:
"I don't always buy previous metals
But when I do, I prefer silver rounds
Keep stacking my friends!"
You are the most intersting silver stacker :)
No no no. You mean the most Interesting Stacker in the World. Lol.
Bought 2 boxes silver today!
Silver is FAR more affordable than gold!!!!! Gold can store $20K in waht, like 15 coins???
With silver, you get 1000 of them buggers! Fuck gold.
+1 How about pennies then?
How many pennies in $20K? Just think of the volume.... shit, you'd be rich !!!!!!
No dude. The copper play is not big enough. Stick with silver.
SILVER FTW!!!
the down side to that is the weight. How easily can you carry a pound of gold without gaining notice? How easily can you carry 60 lbs of silver? Each equal 20,000 fiat.....
The Gold to Silver ratio is 1 to 76!
It is mined out of the ground only at a 1 to 9 Gold to Silver Ratio.
Even at these low gold prices...
Silver should be $128 today if we just got back to the Natural Ratio.
I guess Citigroup and JP Morgan would have a problem with their derivatives then...
Indeed. Silver has always been the Achilles Heel for the Banksters and their fight to manipulate, suppress and denigrate real money. Both gold and silver are the most undervalued assets on the planet right now.
Anyone who has followed you or many other PM experts like Chris Powell of GATA knows this is the absolute truth.
Yea, no shit. Who's in charge of settin that anyway? Why can't we just get it reset to the ration price?
Hey Chris, I cashed out of silver into bitcoin in 2012. That bitcoin is a ponzi scheme vidoe you did certainly was great information. Thanks man.
Just be sure to unload the BitCon for Silver on the way down.
Here is a super powerful mathematical equation for you to compute and ponder...
Real Tangible Weath>Intangible Illusionary Wealth.
As you advised I unloaded the silver when it was going down for bitcoin on the way up. Won't be that long before bitcoin smashes through gold ... What are your recommendations ?
You missed the chance to exchange BitCon for gold at a 1 to 1 ratio during that bubble.
Hopefully you will be wise enough to get rid of that BitCon for Silver before we blow through parity on that.
You missed the chance to exchange BitCon for gold at a 1 to 1 ratio during that bubble.
Hopefully you will be wise enough to get rid of that BitCon for Silver before we blow through parity on that.
Silver Shield I Finally Beat ZeroHedge to the punch for once... BREAKING! US Mint Suspends Silver Eagle Sales AGAIN!https://www.youtube.com/watch?v=9ieUCEn8zfg
---
The important word you have in caps is AGAIN. The mint does that crap all the time. A great sales gimmick for dealers and the mint.
But if you go to their website and look at their news, you'll see that they aren't out of silver because they have other silver coins in production. They just only allocated so much silver for production of that spedcific coin and that coin sold out.
It is misleading to say the US Mint ran out of silver because it isn't true. Same crap eery year and ZH keeps printing the crap.
Nope. The US Mint typically shuts down for two weeks at the end of the year.
The beginning of November 2014 they pulled this same paper slam of silver and the Mint shut down for the rest of the year.
The important thing is that, like ZH points out, what kind of freaking market do we have where the price of something crashes and physical demand shuts down the world's largest mint?
Do you see the glitch in the matrix?
Things that cannot go on forever... won't.
"Do you see the glitch in the matrix?"
his comment tells the tale...
Blue pills for everyone..........
Physical silver market is near the breaking point...not only is the US Mint"sold out" of Silver Eagles, they suspended all sales until AUGUST!
If you waited to buy the bottom in silver your shit out of luck now. Called my dealer today(major dealer) and he sold out of Monster Boxes this am. Cleaned out!
yo Doc - just ordered some more Morgan Replicas from u...
i love those pieces and ur service as well....thanks man
"There will be no physical silver available at any price next year"
T. Butler, 2009
"Manipulation of Gold and Silver Definitely Ends This Year"-- Harvey Organ
(September 2014)
http://usawatchdog.com/manipulation-of-gold-and-silver-definitely-ends-t...
The US mint monthly sales report would be great to see daily sales until all units sold for month. They sold out of Silver how many times in the past 2 years ?
I have never see the mint shut down in the middle of the summer, have you Doc?
This is usually the quiet time of the year after May and usually does not pick up until the end of the summer.
I hope this means some Silver Eagle buyers check out Freedom Girl and Merica, the most patriotic silver strike ever ;)
no. a true patriot rejects government, and puts people above medival institutions.
put the anarchy symbol on it, and then it becomes the most patriotic strike ever.
Stocks = BTFFK
Buy The Fucking Falling Knife
Shit - I thought I had it right... 'Buy the Fucking Falling K!ke'... Oh well...
Son of a Bitch...I bought wayyy too much. You guys told me to back the truck up.....I did... Can you guys come down and help me with this?
https://metrouk2.files.wordpress.com/2013/03/rtr30osu.jpg?quality=80&str...
Nice GM truck, dude. How many hectares do you get from a single tank of Kerosene?
Put it in H!
Some measure their wealth in dollars...
Some in ounces...
But YOU, fine sir, measure it in TONS!!!
I've heard of clown cars but a clown truck?
Price controls demand in the mind of the elite. So increasing demand = lower prices.
The game now is to buy with open arms and hope they keep prices low or lower to buy more.
Everyone knows it's rigged and getting extremely desparite for the banks and market riggers.
Real vs.
Paper
Oliver Twist. "Please sir, may I have some more?" "MORE!?!?"
Here's your bowl of gruel, now go away and be glad you even got that. Stop asking us to make more gold or silver available because you don't deserve it. Go to the back of the line again.
"...to the back of the line, go to the back of the line..." <smiles>
Damn. Now I must sell some shit to buy more silver. I mean, everyone is doing it!
Very Interesting......... but stupid.
---Arte Johnson
I tried to buy gold with bitcoin profits but the Apmex site was too slow. Everybody must be buying. I went to Amagi Metals instead.
provident takes bitcoin, too.
Thanks. I used Provident Metals too and requested signed delivery. The site works pretty well but they all seem to gouge the price a bit.
today their premium seems a little high, maybe because right after a big price drop.
but normally they are the lowest dealer on 100oz silver bars.
do they ask for finger prints and all that when you buy with btc ?
If you are purchasing enough I'm sure you can make special arrangements. But the transactions are easier than with a Freakin bank card. You don't have to give them the kind of info that can be stolen and you can send it from a prepaid phone at Starbucks if you want. Have it delivered to a dying relatives address or whatever. There are many ways to go off radar if preferred. Also there is nothing the NSA or CIA or anyone can do about sending confidential info below the threshold of noise. The whole idea of security when it comes to the Internet is a joke and a trick played on dumb people. The NSA and those kind of agencies are in it for the money. The real money to be made today is in selling shit that doesn't work to rich people that don't understand technology, Banks do it. Tech companies do it and medical corporations do it. The best and the brightest minds are used to sell junk and FRAUD.
Fuck You Jack Lew !!!!!
Yeah, pretty much.
This does BEG THE QUESTION though:
"who is buying all that debt?"
Nobody here would appear...
Just more "free markets" and "price discovery" at work....
(do I really need the SARC flag)
no.
..and the DOW is green on the day... un. fucking. believable.
"when you wish upon a star....."
this is where LoP replies, "same as it ever was, asshole"
Is Treasury out of Copper too?
GDX also hitting its lowest day on record today