The Cost of Bullish Bets, Report 6 June, 2016

by Keith Weiner
Gold Seek

There are two views of the markets for the monetary metals. One, as we have discussed many times in this Report, holds that gold and silver will eventually go up so high that those who own the metals will be rich. This is the Schrodinger’s dollar view. Buy gold because the dollar will soon collapse—witness China and Saudi Arabia selling dollars. And gold is going up—when it’s measured in dollars.

Believers in the surgit aurea view are always on the lookout for a new angle to support their thesis. For example, we came across this article. Apparently, silver is in such a massive shortage that a mining company, “…got approached by an electronics manufacturing company … [who] wanted to bid on our silver…”

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