When physical is no longer available the alternative choice will be mining shares - pm’s in the ground.

They have already created a market shortage.  They manipulated the prices lower causing many to sell their physical positions which can no longer be bought back.  The next step is to ban the sale of physicals, or being allowed to take deliveries from exchanges.  At that point they will control the phyiscal markets of which they already hold most of the physical in the world.  Prices will rise in turn increasing their wealth.

The only remaining above ground pm’s will be in the hands of investors who prepared.  They will simply make pm ownership illegal through legislation and demand that it all be turned in.  Most likely the penalties for non-compliance will be severe.

At that point the only alternative is to buy mining stocks - below ground.  In some countries I would expect that the mines will be nationalized … others possibly not.

What happened to mining stocks when gold was called in back in the 30’s?  Investing in mining stocks was not made illegal - Homestake.

Mining stocks have also been manipulated down to excessive levels … many investors have sold their positions … but to who?  The same people who are attempting to control the above ground resources.

As I said before, they want it all … they will control the above ground supply and will control the production - prices for both above and below ground will be much higher as a result.  Reminds me of how DeBeers took control over the Diamond market creating their cartel … are we witnessing a global pm cartel in the making with the support of governments enacting laws? 

Some here may want to rethink their 100% physicals position.

NIA