Seems to me as a student of the metals market, a good old fashioned bank run is under way in the gold market. No one trusts anyone and everyone wants their metal in their possession. Possession is 9/10 of the law as the adage goes and I’m sure there are people that loaned/leased their gold out and may not get it back. May have already happened for all we know as the market plumbing seems to be secretive.
There may be plenty of gold in the vaults but only a select few know for sure.
Should be interesting over the next few weeks.
Thanks Chris for your expertise and work. Would be interested in the 2nd edition book myself.
For what it's worth, I think it's possible that we could be seeing a run on the gold that could change the landscape of the PM environment. Although at least from what I've seen, I can't say we're definitely there yet. But you go through situations like these enough times, and one of these days it doesn't look the same anymore.
And I'll keep you posted about when the 2nd edition is ready. For the most part, I've just cleaned the original book into a tighter and better format. Although I am planning to add a few updates at the end.
Thanks for reading my friend, and hope you're having fun out there!
Duuuuuuude….how does the most important story of our lives REGULARLY get less than 20 likes….20 friggin likes? Is there only one bottle of red pills in America to share?
https://x.com/InvResDynamics/status/1887615699410928094
well said my brilliant friend!
Seems to me as a student of the metals market, a good old fashioned bank run is under way in the gold market. No one trusts anyone and everyone wants their metal in their possession. Possession is 9/10 of the law as the adage goes and I’m sure there are people that loaned/leased their gold out and may not get it back. May have already happened for all we know as the market plumbing seems to be secretive.
There may be plenty of gold in the vaults but only a select few know for sure.
Should be interesting over the next few weeks.
Thanks Chris for your expertise and work. Would be interested in the 2nd edition book myself.
Thanks Mr. Smith!
For what it's worth, I think it's possible that we could be seeing a run on the gold that could change the landscape of the PM environment. Although at least from what I've seen, I can't say we're definitely there yet. But you go through situations like these enough times, and one of these days it doesn't look the same anymore.
And I'll keep you posted about when the 2nd edition is ready. For the most part, I've just cleaned the original book into a tighter and better format. Although I am planning to add a few updates at the end.
Thanks for reading my friend, and hope you're having fun out there!
Read this interesting book a few years back, not sure if you’ve heard of it or not… “The Big Silver Short”.
Feels like March 2020 is coming, only for real this time. 🥂
actually finishing up some edits for a 2nd edition of that as we speak!
Hopefully I finish in time!
How do I get my autographed copy?
send me a private message and we can get that figured out for you:)
I would love one as well
Duuuuuuude….how does the most important story of our lives REGULARLY get less than 20 likes….20 friggin likes? Is there only one bottle of red pills in America to share?
Thank you so much Chris. We are finally close. Stacking since 2011
https://www.kitco.com/news/article/2025-02-07/londons-gold-and-silver-markets-remain-robust-even-vault-holdings-decline