Silver And The Biggest Asset Inflation In History
KingWorldNews.com
June 25, 2017
As we come to the end of June, here is a look at silver and the biggest asset inflation in history.
World’s Most Undervalued Asset
John Embry: “All markets remain heavily manipulated, with a lack of volatility in the seriously overpriced U.S. stock market being particularly egregious. I note that as of last Thursday’s Open Interest report on the Comex, silver’s Open Interest is expanding again as the Cartel desperately attempts to keep the world’s most undervalued asset from exploding in price…
John Embry continues: “I suspect they are prepared to short sufficient quantities of paper silver, so the recent Open Interest high of 235,000 contracts could easily be exceeded. When you consider that number represents just under 1.2 billion ounces of notional silver vs only roughly 900 million ounces of annual mine production, a significant portion of which is consumed in growing industrial and medical applications, you can fully appreciate how outrageous the Cartel’s activities are, and how cheap silver is.
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