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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