20181220-Anomaly in the Silver Market
SarahWestall interviewing AndySchectman:
-God to silver ratio:
Historically, for the past 100 years - 40:1;
for the past 50 years – 43:1 or 44:1
Right now 85:1 - only one other time in the past 50 years in 1993.
-JP Morgan
For the past 3 years thru price manipulation, accumulated 800 million ounce of silver. Largest silver possession that the world has EVER seen!
8X the 2ndlargest possession of Hunt Brothers in 1980.
Going long on paper silver on the Comex market since last month. They only did that 3 times in 50 years. 99% commercial bank like JP Morgan is shorting the market.
For the past 10 years, JP Morgan has NEVER lost a penny trading physical or paper silver! How did they do that? (Wendy: then I’d better follow what they are doing!) However, only in the last 3 years, they started to accumulate physical silver.
Basically they misdirected the public to else where (bond, stock, real estate) because they already gave up on the silver and gold markets so they could quietly accumulate the silver.
-ANYTHING that conducts electricity has silver in it!
- This asset (silver n gold) class is the only asset that is truly inversely related to dollar and stock market.
-Either the US government or Chinese government is behind it to give green lights to allow them accumulate THAT much silver. Schectman says is the Chinese government. So JP Morgan is cornering the market for the Chinese? Why? (Wendy: More on that tomorrow.)
-The ratio between palladium and platinum is out of whack too. So get out of palladium and buy more platinum.
-These ratio anomaly is there for a reason. When they get violated to this degree, it’s a once in a generation opportunity! In this case, once in a 50 years opportunity.
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