Los Pepes

Dichotomy in W. European Gold and Silver Prices

gigem - That sounds reasonable. Like I said, I really don't know what to think. The dealers are probably scared s***less to buy ahead because they're getting whipsawed all over the place.

I do think that it's in the best interest of central banks to have low gold and silver prices... but I'm not entirely convinced of their ability to collude and control those markets.

The "proof in the pudding," so to speak, will occur when a lot of people begin to take delivery on their COMEX contracts, and force the shorts to actually produce the metal at a low price (providing that physical metal is actually more expensive).

As for me, my metals are a savings account. I just wanted to keep money in a form that I wouldn't blow, and also protect me from a declining currency. The increase in value over the past few years (or rather the decrease in dollar value) has been great, but it's not my prime motivator.