Harvey Organ: The Moment London is Out of Silver, the COMEX Will Be Out in a Nano-Second! [MaxKeiser]
August 24, 2012 Leave a comment
Harvey Organ joins us for an explosive interview discussing this week’s breakout in gold and silver, the developing ‘TREMENDOUS PHYSICAL SHORTAGE‘ in the silver market, and concerns with unallocated gold and silver accounts, which Harvey describes as nothing but paper notes and obligations.
Harvey also discussed recent reports that the LBMA is refusing to deliver silver outside of the LBMA system: They won’t deliver it outside of the system because there is no silver! That’s a real crisis! The moment London is out of metal, the COMEX will be out in a nano-second!
When asked about this week’s big moves in gold and silver and whether we are witnessing the start of a historic rally in the metals Harvey responded:
No question. The key development that Ned Naylor-Leyland discovered is this big physical purchase of silver that had to be settled INSIDE of the LBMA. They won’t deliver it outside of the system because there is no silver!