Received this in a newsletter.

by

in

Hong Kong banker Eric Yeung’s sources in China told him that China bailed out Western banks in mid-October by leasing hundreds of tons (possibly a thousand tons) of silver to JP Morgan and other banks. The silver was flown to Western bank vaults in cargo planes to prevent the London Bullion Market Association’s implosion, which would have triggered a global financial panic. Mr. Yeung said the China lease of silver will expire in late December or early January.

In the second podcast interview, veteran market analyst Michael Oliver, an expert on commodity prices with decades of experience, stated that the technical charts are signaling that silver will break out of a 50-year price lockdown and set new highs. He expects the breakout to start within months and could take silver to $100 to $200 per ounce.

submitted by /u/Icy-Fun8416
[link] [comments]


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *