Not Enough Gold To Pay All Holders Of Gold Obligations

It is often reported that governments and central banks have for years leased or sold their gold to bullion banks; therefore, they are unlikely to possess the tons of gold, they are said hold. Also, the bullion banks seem to be under enormous pressure recently. Just look at the recently reported spike in the gold coverage ratio on COMEX, with, there being over 200 ounces of paper gold claims for every ounce of deliverable gold (as reported on zerohedge.com)

Silver Price Forecast 2015: Silver and Deflation

If you look at monetary history, then you will find that we have moved from periods where mostly real or tangible assets like gold and silver acted as monetary claims on goods and services in the economy, to today where mostly credit or debt claims (fiat currencies like the US dollar) act as monetary claims on goods and services. Therefore, we have moved from a real asset-based monetary system to a debt-based monetary system.

Silver Price Analysis: Silver’s Ultimate Rally and Signs to Exit

Please, if possible, do not embed video on your site. Instead, link directly to this site: https://hubertmoolman.wordpress.com/2015/09/03/silver-price-analysis-silvers-ultimate-rally-and-signs-to-exit/ For more of this unique fractal analysis on silver and gold, you are welcome to subscribe to my premium service. I have also recently completed a Long-term Silver Fractal Analysis Report. Warm regards Hubert “And it shall come…