The Watchman On The Wall

The Watchman On The Wall
Eph 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Verse 13 Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand.

Thursday, August 4, 2022

The Wholesale Silver Market Was Recently Cleaned Out By One Single Buyer via Bill Holter.

 

God's money

https://www.silverdoctors.com/silver/silver-news/the-wholesale-silver-market-was-just-cleared-out-by-one-single-buyer/

 

If you add up all the global GDP’s, we are roughly $100 trillion (T).  The problem is there is well over $350T in debt worldwide.

Holter attempted recently to buy a client $50 million (M) in silver Eagles

I think $1 billion (B) would buy all the available silver in the U.S.  Think about it.  A billion dollars today is not even the mustard on a ham sandwich.

Only $27M of that order could be bought in U.S. incremented silver coins.  (The rest was used to buy gold U.S. coins.)  Holter said that cleared out the wholesale market for U.S. silver coins, including so-called junk silver.  Holter contends, “That shows you how thin it really is.

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