Statistically, COMEX cannot meet its required delivery of 50million ounces of SILVER as it only has about 20 million ounces left. This will lead it to force cash settlement which will leave it open to $230nillion in defaulted contracts to pay for.
Worse, the Stock Markets around the world are utterly dependent on Hi-Tech stocks. These all depend on safe supply of SILVER. During the last five years, consumption has way outstripped supply from the mines, and the shortfall has been made up by using warehouse stock.
Well. the warehouses have run out.
THERE IS NO MORE SILVER...
So, three guesses what will hasppen when Tesla,Samsung and Apple will have to put their manufacturing workers on part time at best?
Uncle Bob's would like to apologize to the following people or groups of people who we undoubtedly have offended over the course of the past few years. If you feel you have been personally offended then take this apology to be specifically for you. Otherwise, we apologize to Jewish Mexicans, President Barack Hussein Obama Mmm Mmm Mmm a.k.a. Hopey McChangey, Catholic Priests who dork little boys, vegetarians, Fruit Loop, Atkins' Diet adherents and other fat-asses, Dennis J. Olson, Delta Lady, Joe and his Socks, paranoid persona's, space aliens, Illegal Aliens, Boy Scouts, same sex aficionados, Harry Reid, Nancy Pelosi, Canadians, ditch diggers, people who support the aforementioned, people on Prozac, Mel Gibson, Nazi Mods, Tiger Woods, motorcycle gang members, rag heads or towel heads or any other Middle Eastern personas or personae, Crotch Bombers, Britney Spears, the blind, the entire Gay and Lesbian community, Charlie Sheen, Black Panthers, NAACP, and anybody who has ever been called Lard Ass.