Basel III: 4 Days ‘til Real Gold & Silver Prices? | The Gold Spot
- Scottsdale Bullion & Coin
Why hasn’t the spot price of gold and the spot price of silver gone up with the announcement of Basel III? If you’ve been wondering this, you’re not alone. Calls have been coming into Scottsdale Bullion & Coin about the impact of #baselIII on #goldprices—and especially on #silverprices.
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Our answer? Real gold and silver prices could be just 4 days away because…
…The #goldsqueeze and the #silversqueeze have already led to shortages: at the U.S. Mint, at precious metals wholesalers, and even at gold and silver dealers (see https://www.sbcgold.com/blog/basel-3-… )
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…The price of silver and the price of gold have already risen significantly over the past year (read https://www.sbcgold.com/blog/silver-s… and https://www.sbcgold.com/blog/gold-mak… )
…The rampant #nakedshort selling that’s been artificially suppressing gold and silver prices could grind to a halt when Basel III takes effect in 4 days, which could mean end game for silver market manipulation (find out more here: https://www.sbcgold.com/blog/basel-3-… and in today’s The Gold Spot with Scottsdale Bullion & Coin Founder Eric Sepanek and precious metals advisor John Karow.
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…Silver demand and gold demand could surge as bullion banks are forced to back paper contracts 1-to-1 with physical silver and gold and institutional, national, and retail investors ramp up their buying spree in response to the Fed raising its #inflation expectations a whole percentage point (see https://www.sbcgold.com/blog/fed-rais… )
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The only question left then is, why are you waiting for real gold and silver prices? When you could be buying before they rise? If you’re wondering what the best gold and silver products to buy are—the ones with the greatest upside potential—order your FREE Precious Metals Investment Guide now. Get it here: https://www.sbcgold.com/free-investme…
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