Howdy, Bill !!!
Bullion Direct is becoming one of the leaders in precious metals. During the last reported physical shortage there was a notice posted on their site. Over the past few days I noticed that many categories of physical silver were being removed from both Nucleo and the Catalog. Well, this morning the following High Activity Market Alert was posted, again> www.bulliondirect.com/index.jsp
As I stated before, their real-time Nucleo system shows what is really happening as investors panic! That so-called Investor Panic to get out of precious metals is occuring at the CRIMEX = Paper Trash! During this manipulated/illegal activity of the FED, Treasury, CFTC, CRIMEX, et al, there has been NO PHYSICAL PANIC. I have watched as LOW BIDS were NEVER filled and, as you can see, there is virtually NO PHYSICAL FOR SALE. And the FEW items that are available on the Ask are WELL ABOVE the CRIMEX spot price. Nucleo Silver Market> www.bulliondirect.com/nucleo/showProducts.do?cat=Silver_Bullion&category=1
I have also attempted over the past THREE MONTHS to get a response from the CFTC to my e-mails - DEAD SILENCE! - NOTHING! - NOT A DAMN PEEP!
So in conclusion, let’s get one thing straight and I hope that Mr. Gartman is reading this: The PANIC in PAPER has been to DUMP and the PANIC in PHYSICAL has been to BUY!
Mike
The Republic of Texas!