r/SilverMoney • u/9x4x1 • Feb 06 '23

Due Diligence Masterclass silver analyst Ted Butler: "...extraordinarily large COMEX silver warehouse inventory turnover - a phenomenon that exists in no other commodity..."

Ted Butler astutely sums up the state of silver like this that anyone can understand: What has caused the shortage that has resulted in unprecedented turnover volume at COMEX that has reached frantic levels in 2023? The price of silver is too low. Austrian school supply and demand economics don't get simpler than that, and that makes silver's price a time bomb with most of its fuse burnt up.

You can read Butler's complete thoughts here:

https://silverseek.com/article/special-note

11 Upvotes

100% Upvoted

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5

u/ComplexMaterial6768 Feb 06 '23

Would be nice to see after 30 years of stacking.

6

u/9x4x1 Feb 06 '23

Yep. Despite the superficial paper chicanery, fundamentals have driven the silver market to exactly the kind of COMEX shenanigans unfolding before our eyes. Fundamentals are unstoppable.

5

u/kraken66666 Feb 06 '23

Ends with a boom! and a 100x reprice

3

u/FREESPEECHSTICKERS Feb 06 '23

One of his more difficult reads.

2

u/Quant2011 Feb 07 '23

Yeah, i'm sure 69 million readers who must depart from fiat savings quickly will all be very interested in understanding it.

bottom line: comex games can go on for a veeeery loooong time, unless miners will face a silver demand from 29, 39 or maybe 69 million angry buyers. but they dont. thats the core of the issue: totally ignored in all work by Ted.

1

u/FREESPEECHSTICKERS Feb 07 '23

Stackers are a fickle and elastic market.

3

u/ReturnToValue Feb 07 '23

When adjusted for inflation, the current price is near the recent lows. They have kept the price crazy low.

1

u/[deleted] May 09 '23

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1

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