Precious metals as Gold and Silver are scarce. The amount available above the ground is limited. At the same time, it is hard and difficult to get it out of the ground. Next to that is it becoming even more difficult daily.
At the same time are governments and banks talking almost everyone out of precious metals. After all is it very destructive when people are going for something stable in there wallet and investment portfolio?
Why are they talking everyone out of Gold and Silver? Well, Silver and especially Gold are inflation-proof. Inflation is a tax that quietly is eating up your money.
So what are they doing to solve all of the above-listed problems? Well, they issued Gold and Silver futures. This market s, as I reported quite often, manipulated and rigged.
So how are they doing this? Well, they are simply selling Gold and Silver contracts. At the moment are contracts issued for 33 million ounces of Gold and Silver.
It is extremely unlikely that so much Gold and Silver is going to get delivered. Why is no one selling? Well, Gold and Silver are inflation-proof. This is one of the big fears for central banks and politicians.
After all, are they going to lose the monopoly over the currency you use and the power to inflate all government debt away? So what is best to do? Get into Gold and Silver right now.