The Wholesale Silver Market Was Just Cleared Out By One Single Buyer – Silver Doctors

“…the most important U.S. silver coin deal in historical past…”

Invoice Holter interviewed on USA Watchdog by Greg Hunter

Complete World is a Banana Republic – Invoice Holter

A number of months again, valuable metals professional and monetary author Invoice Holter predicted the financial system was going to tank, and in the present day, the U.S. is formally in a recession.  Holter says it’s not simply America buckling below monumental debt, however your entire world.  Holter explains, “That is solely the beginning.  They’re making an attempt to debate whether or not or not we’re in a recession, however it’s just about a lock.  Sure, we’re in a recession.  And this isn’t simply the U.S.  This can be a international drawback. . . . Let me put his into perspective.  In case you add up all the worldwide GDP’s, we’re roughly $100 trillion.  The issue is there may be properly over $350 trillion in debt worldwide. . . . Once I graduated school . . . something above 100% debt to GDP was thought of a banana republic.  Look the place we’re in the present day.  Globally, it’s 350% debt to GDP.  What that tells me is the world is a banana republic.”

So, it’s no shock massive cash is getting out of fiat currencies just like the U.S. greenback.  Lower than a month in the past, Holter, who can also be a valuable metals dealer, brokered what appears like the most important U.S. silver coin deal in historical past.  Simply the Silver Eagle portion of the deal was 650,000 cash, which was solely a part of the $50 million deal.  Solely $27 million of that could possibly be purchased in U.S. incremented silver cash.  (The remaining was used to purchase gold U.S. cash.)  Holter says that cleared out the wholesale marketplace for U.S. silver cash, together with so-called junk silver.  Holter contends, “That exhibits you ways skinny it truly is.  By the way in which, a good portion, 15% or so, was future deliveries from the mint.  So, we mainly cleaned up the subsequent 4 to eight weeks of Silver Eagle deliveries.  They belong to us, and we’re nonetheless ready for supply from the mint. . . . The shopper needed U.S. coin.  Within the U.S., that’s the finest type of silver possession.  We didn’t contact bars, generics or international sovereigns.  So, there may be nonetheless far more on the market to be purchased, however how a lot?   I believe $1 billion would purchase all of the accessible silver within the U.S.  Give it some thought.  A billion {dollars} in the present day just isn’t even the mustard on a ham sandwich. . . . Make no mistake, this deal was an enormous hit to the stock . . . of U.S. silver cash. . . . This paper Ponzi scheme goes to return down, and the most effective place to cover is gold and silver.”


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