To: TobagoJack who wrote (171759 ) 5/15/2021 5:03:20 PM From: sense Read Replies (1) | Respond to of 218070 All the gold and silver miners had a strong close to the week... as most of their stocks have suddenly started performing as if they are fully legitimate market participants, just like other companies. Expect to see multiples in mining shares creeping higher... even as broader markets adjust lower. The driver seems to be a confluence in events, recently, including the Chris Marcus effort influencing oversight of the CFTC actually working... Seems the LBMA/WGC white paper got a cold shoulder from regulators. The End of the LBMA is Nigh The Basel III implemention appears it will not be derailed this time... June 21 for the U.S. and Europe... January 1st for the U.K., and not a lot of time between now and then to cover the existing paper obligations. My opinion is that most of that risk others expect will be realized simply goes away just by not renewing or rolling over paper to into new paper... which does means the size of the trade will implode, far more than it means "paper shorts forced to cover" causing a massive squeeze. The silver trade in February... exposed how the supression racket works... and that fraud is being ended. What it does leave as risk... such as in the SLV trade... are islands of aggregation of "metal" that might turn out to not be there... when the tide goes out on the volumes in the paper trade. Note the advocacy in the LBMA paper admits that the fraud in the paper trade is a supression scheme ? They also note how "dangerous" removing the financial foundation in the practice of fraud will be for central bankers... "If the expansion of paper markets has suppressed the prices of gold and silver for the last fifty years, then a severe contraction of paper equivalents at a time of escalating fiat money inflation could send prices to the moon . " Most of the discussions you see with pundits giving silver or gold price targets... fail to understand the implications of ending "fifty years of price suppression"... but, they also tend to focus on the metal prices in the future... and fail to consider the impact of a pairing in rising metals prices... paired with rising multiples in the stocks of producers... So, for DRD, the question might be.... what happens with gold at X $ per ounce... as one issue... and what happens when the PE multiple shifts from a PE of 11 currently... to 22... or 33... or ??? "Out of favor" industries... that suddenly become all that Wall Street talks about... doesn't happen often. Ususally, there is a slow rotation... with real economic drivers behind the changes. The end of suppression is a real economic driver... but it is likely to be there one minute... and gone the next... at least in market terms... ? Also see NO ONE addressing the reality... that the suppression scheme... doesn't just suppress the metals prices in dollar terms... but is purposed as a shunt of more general inflationary pressures... that are diverted from the dollars into the fraud in the metals trades a dummy load, which is an inflation sink... When the fraud in metals price suppression ends... so will the artificial means of suppressing recognition of paper currency driven price inflation that is occurring... On top of which... the metals price suppression... has worked ? It has also artificially suppress SUPPLY of those things whose price is being manipulated down to prices below their costs of production... ? Changes coming... will occur suddenly... in market terms. ? It will take time for people to recognize the implications of that above... in corrected prices. It will take a lot more time... 3 to 5 years... to ramp up production to meet demand that is no longer being suppressed ? Bitcoin trading... shows what happens when one form of money... grows in price over time versus others ? And, that is the plan they have, I think... for obviating the debts... pairing a roaring inflatoin with a repricing of gold... in a trade the banks have been front running since 2008...