In this week's Off the Cuff podcast, Chris and Ted Butler discuss:
- Germany's Gold Grab
- What impact with the reserve repatriation by the Bundesbank have?
- Silver's Screaming Fundamentals
- The size of the silver market is TINY
- The Future Price of Silver
- Betting on higher prices still seems the smart move here
This week Chris sits down with precious metals expert Ted Butler to discuss the recent developments in the gold and silver markets.
While Ted discounts the price impact of the Bundesbank reserve repatriation news, he is more focused on the recent supply tightening the silver market. Silver inventories are currently experiencing record high weekly turnover (no other commodities are seeing this same dynamic), and Ted thinks this may be the sign of 'hand-to-mouth' tightness in the supply of investment-grade and industrial silver. If true, it's a whopper of a bullish sign for silver investors – and a flashing sign to those on the sidelines that now may be a good time to get into the action.
by arthur-robey-2