Silver Remains Above $30 Despite Low Physical Demand


Image Source: Pixabay
This week we learned from the mainstream financial media (of all places) that Saudi Arabia actually threatened to dump French bonds if Europe seized any Russian assets. The Europeans backed off, and the Saudis won. Which has Rafi Farber wondering, could the Bank of Japan be threatening to sell US Treasuries if the Federal Reserve doesn’t close the interest rate spread that is destroying the Yen? If I were the Bank of Japan, that’s what I would do, nicely of course.Meanwhile, silver maintains its strength above $30, despite physical premiums touching pre-SilverSqueeze levels for the first time since…well, SilverSqueeze.Video Length: 00:18:26More By This Author:China Doesn’t Increase Gold Holdings For 2nd Straight Month
The Chinese ‘Hunt Brother’ Takes On JPM And Wins
Is Washington Starting To Realize The Debt Is A Problem?

Reviews

  • Total Score 0%
User rating: 0.00% ( 0
votes )



Leave a Reply

Your email address will not be published.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