RE:RE:TUO/AMK RATIOThat's a pretty far out one Fordster and to be honest with you never even had an inkling of such a thought. My initial reaction is heck no but give me some time and maybe I could come up with something, if anything.
I like ideas that at times sound ridiculous. I'll give you an example.
About 2-3 months ago I was talking with my buddy who deals in Bullion. In conversion he said to me, I think that one day we could see silver go to zero. I started to laugh then realized he was serious so the first thing I said was that's impossible, I just couldn't connect the dots that could do that. Well almost 2 weeks ago out of nowhere I made a connection. I had been spending a lot of time reading about Silver, the Conex and Basel 3.
If you have 100 to 1000 OZ of paper Silver for every 1 OZ of physical and now leverage will need to be wound down plus this massive move from unallocated to allocated/delivery how would the banks react? I suppose they would know the whole story and what if it's much worse than what can be seen?
So I called my buddy and told him he might not be so crazy because if the banks are toast would they just give up or would they put on the biggest short on silver the world has ever seen? If they dropped the price low enough could they wiggle themselves out of it?
Good thing for us we only have a few months to see how it plays out but I told him that if this was to happen that he has to call me first and I want everything silver he has in inventory. He laughed at me and said if that happened you will never get your hands on silver but told him, call me first if it does happen :)