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Simon Gedye's avatar

Yes - Just seen this news ..etc .

If the Saudi's having now bought USD / $ 35 - 36 x Billon dollars worth of Silver via the national

monetary authority which effectively functions as their central bank - wouldn't this automatically put them in the ' Authorised Participant ' category which would automatically enable them to jack in their shares and take physical Silver instead ...?? .

Also - Whilst it's definately good news that the Saudi's have climbed on board the Silver Club - it'd need them ( anyone ) to buy a vastly higher quantity in order to trigger more major upward momentum ( though this isa surely on the way soon anyway ) ...Or am I adrift here ..?? .

Any more news on the Warren Buffet front per him potentially buying huge amounts of

physical Gold & Silver on the ' QT ' via his monster ' Berkshire-Hathaway ' cash pile .

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Patrick Barron's avatar

The leadership of the smart nations are preparing for a post fiat world, while most of the American dominated West is clueless. One need only look at their debt (unsustainable) and ever increasing budget deficits as evidence.

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Gordon Groves's avatar

I don't think they're clueless. I'm pretty sure they're planning a post-fiat slavery based on CBDC's, and this fiat destruction is controlled demolition. If you remain in America you will be forced at gunpoint to use tokens, or be sent up the chimney What Washington is doing in Gaza is what they're going to do to us.

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Michael's avatar

Thank you Alasdair.

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Simon Gedye's avatar

Thank You - Michael

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maire smith's avatar

How high will silver go ?

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Stuart's avatar

As Alasdair would say, it's not how high silver will go, but how low will fiat go!

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Herman Mills's avatar

To zero as Voltaire said

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Simon Gedye's avatar

Yes -- You're spot on with this observation

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Simon Gedye's avatar

UP ....UP... UP & AWAY - Far higher than any of us ( hopefully ) can imagine

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