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Ted Butler: Signs that the price of silver doesn't reflect the market

Section: Daily Dispatches

By Ted Butler
Friday, December 3, 2021

Sign, sign, everywhere a sign
Blockin' out the scenery, breakin' my mind.
Do this, don't do that -- can't you read the sign?

That was from a teenage song of rebellion some 50 years ago, by The Five Man Electric Band (from Canada), protesting the "no shirt, no shoes, no service" notices appearing in many fast-food joints back in the day. Yes, it was a simpler time.

... Dispatch continues below ...


Kinesis Partners with Panama-Based Atlas Vaults

Company Announcement
From Kinesis, London
Tuesday, October 26, 2021

Kinesis announces a partnership with Atlas Vaults and Atlas Brokers, expanding the global Kinesis Vaulting Network into Latin America.

By joining with the leading Panama-based vaulting provider, broker, and trading hub, Kinesis is introducing the Atlas Group's considerable client base to the Kinesis monetary system. The partnership is set to bring superior value and returns to Atlas Vaults and Kinesis clients as well as to people across South and Central America.

Central to the partnership, Kinesis is introducing the 13th storage facility for its global vaulting network, which now spans nine countries. ...

... For the remainder of the announcement:

I'd like to talk about different signs today, specifically the signs I see proclaiming that something highly unusual is occurring in the silver market. 

The most visible sign of all, the price of silver, seems wildly out of synch with other signs to the point that either the price or the other signs must be wrong. The price sign is saying, loud and clear, that there is plenty of silver available to the market -- otherwise the price wouldn't have been consistently lower all year long.

On the other hand, there are many more signs suggesting just the opposite -- namely, that there isn't enough silver to go around and that we may be on the verge of an actual physical shortage in the one form of silver -- thousand-ounce bars -- that matters most to price. 

What are these other signs? ...

... For the remainder of the analysis:

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Toast to a free gold market
with great GATA-label wine

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GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?

To order a case of GATA-label wine, please e-mail Fay J Winery at:

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Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --

-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at

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