Re: Monetary -vs- Commodity Metals...FTS
I don't think they can or do but read nearly daily how unconnected the two are. Silver is constantly being lumped in with Copper as signs of industrial slowdown. Rarely do pundits (outside the PM community) include silver as a monetary metal.
That said, the reality is for many years silver far outperformed gold and more recently has deeply underperformed. Despite these separations in LT performance there are many days the two move in tandem, same direction, same time and same depth.
Clearly silver is not trading based on anything to do with its supply - demand or availability and is purely being waltzed around by paper shuffling scumbags.
Despite the obvious reasons I hope to live long enough to see the PMs reagin their seat atop the world's money supply I also relish the thought of seeing all these lawbreaking assholes go down in flames. Watch as they stick the knife in each others backs when no one is willing to fall on their sword.
We will also be treated to endless choruses from FTV and official talking heads how "no one could have seen this event coming, the USD has no reason to be falling prey to these attacks nor should its value be suspect in any way". Well, no one saw it coming except the (millions?) people in teh PM community who have said it is coming for years. Despite the ridicule and offensive nature of the commentary from those whose get rich quick schemes failed when the PMs did not sky rocket over night and instead went down.