THE DISAPPEARING ACT: No Buyers. No Market.
- ITM Trading Streamed live 2 hours ago
Link to Slides and Sources: https://www.itmtrading.com/blog/disap…
YOU cannot sell your holdings unless there are buyers for what you want to sell and wall street buyers of stocks and bonds has declined by, roughly 70% since 2008. But as fiat product buyers have declined, physical gold and silver buyers have expanded. Of course, there is always a constant base between jewelry, industrial, investment and official holdings. But those same central bankers that were major sellers of gold, have become major buyers. Gold ETFs are a new wall street product begun in 2004 and Mint demand has exploded as well. Where would you rather hold wealth? In intangible fiat products with a diminishing buyer base that is only interested in profits or real physical gold and silver with a solid basic demand base that is growing as rapidly as market fragility?
end