"Stay long precious metals" ...
I'm beginning to think that's Graeme Irvine's mantra.
He's the business columnist on Longer Life's Bourse page, and I'll leave it to you to discover his reasons for this four-word chant. Amidst Graeme's siren calls, I've taken notice of his recent daily listings of silver transfers. It seems that HSBC-Hong Kong is in the process of accumulating a substantially high percentage of the current market inventory. The range is something like 60%, an achievement I find as breathtaking as it is intriguing.
Why would that much of the world's investment-grade silver be moved to one depository? So far, I've not been able to find anyone willing to provide an answer. The accumulation is public knowledge, so I'm not suspec View the rest of this article
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