Mar 9, 2016
Wipeout Wednesdays with Andrew Hoffman:
Historic ECB decision tomorrow
-NIRP going crazy, as even Japanese 30-year yield nearing zero, and
$7 trillion of sovereign bonds trading at negative yields, DESPITE
the PPT-orchestrated stock and commodity rally!
Fed next week
-boxed in a corner, as global economy at weakest point since Great
Depression
Indian silver demand exploded to a record last year, and Chinese
imports exploding since last Fall's lifting on ban of silver
concentrates. Meanwhile, U.S. Mint on sale to blow away last
year's record silver Eagle sales. This is why I wrote an
article about why the gold/silver ratio is historically overvalued
this morning
Nearly unprecedented institutional PM demand, as evidenced by last
week's sell-out of the IAU ETF's shares, and the PSLV closed-end
fund now trading at a premium to NAV - per yesterday's "Admiral
Sprott rides again!"