Few people on earth understand the precious metals markets as well as David Jensen. As such, with all of the current physical stresses we are seeing in gold and silver pricing scheme, I thought it would be a great idea to have David in as this week's podcast guest.
And those stresses are myriad and seeming to expand by the day. While the past two days have seen some contraction in the spot-futures spreads, other signals such as lease rates and ETF borrowing costs are surging. What does it all mean and does it imply that the pricing scheme is teetering? Well, David is here to offer his opinion.
You should be sure to follow David at his free substack. Here's a link: https://jensendavid.substack.com
And here are links to his most recent posts:
- https://jensendavid.substack.com/p/the-dawning-of-central-banker-fear
- https://jensendavid.substack.com/p/metal-lease-rates-blowing-out-in
- https://jensendavid.substack.com/p/trumps-import-tariffs-will-distress
Many thanks to David for his time and I promise to have him back soon as this predicament for the bullion banks doesn't appear to be easing. Are we finally nearing the end of the fractional reserve and digital derivative pricing scheme? Maybe. Listen to this podcast and draw your conclusions.
TF
