There is a cost associated with holding inventory. My guess would be that most smelters expect such a short inventory hold period that they don’t otherwise pay to hedge the value of their inventories against price declines. If they are backed up, and the price is at historical highs, holding unhedged inventory becomes risky, and (again, my guess) is that hedging costs are not otherwise factored into their business model at present.
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Baby wipes fit the purpose well. Much smaller pkgs to store, and have multiple uses in the absence of water for bathing.
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Seems like TPTB are being very heavy handed with “markets” today. Giant PM smashy-smashy and “nothing to see here” gains in the usual suspects (S&P, Nasdaq, etc.). All in the midst of regional bank worries…
Selco in the Bosnian civil war suggested baby wipes were more valuable than gold
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If one were to have a sealed silver monster box, is it better to get the premium price on the whole monster box or sell a sleeve or two at a time?
Yes, in a squirt bottle—will do in a pucker 
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I’ve seen where you can get a better price for a sealed monster box as the dealer doesn’t have to inspect the individual sleeves. But if you wanted to to disinvest a bit over time, selling a sleeve or two at a time can make more sense especially if prices are rising.
But they don’t store well for extended periods of time. They’ll dry out.
You’d have to rotate for freshness, but how much use for baby wipes do you have today ?
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Why does the Fed drive their rate to trail the 2 year?
Bidet, folks. Bidet.
And I have a portable one too.
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An analyst I follow stated that the CME had raised the margin requirement on silver by 8.5% today.
Just wonder if anyone else had heard that?
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They do not dry out if they are shrunk wrapped for storage in smaller lots. I have plenty on hand. They are still good after several years 
My storage space is at a premium so every bit of space counts. I can and do live without paper towels. That was/is an easy cut to make for my lifestyle. Others may not feel the same. C’est la vie. To each unto his/her own.
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These re uncommon in Canada and the USA. They are not going to be helpful in a situation where the water system not working - as in an attack on infrastructure, something many people here at PP tend to prep for. Although I must say, a non-functioning bidet would make a good repository for a bag to put used baby wipes 
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Been watching this trend channel today for GDX and it’s still holding.
It’s going to be very interesting to see what happens Sunday night when the Asian markets open back up.
I just saw this, if it helps any…
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Thanks for that Jan.
Looks like my analyst was right.
Note how they did this going into Friday when other markets are shut or shutting for the weekend.
I wonder if Asian markets will see these prices as a bargain on Sunday night?
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I should probably stop linking Vince every damned day but he has commentary here:
Of note, China is apparently raising their margin requirements in tandem.
Vince seems unfazed. He concludes by saying, “You wanna get the hot money out”.
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I’m willing to bet the China is manipulating the market to keep gold and silver prices down.
When gold and silver prices rise it telegraphs to everyone that confidence in the dollar is collapsing. China won’t support that until they get rid of all the treasuries they are holding.
So they prop up the value of the dollar as they slowly divest themselves of treasuries at good prices. Then, they take the money they have made selling treasuries and invest it in gold and silver. And that, of course, is another reason why they would want to keep the price of gold and silver down. They want to buy gold and silver at as low a price as possible.
So China has a natural interest in suppressing the precious metal markets – at least for now.
Thus, I would not be surprised if part of the manipulation of the precious metals market is coming from China.
And as a matter of geopolitics they don’t have to worry about attacking the United States economy. As far as destroying the American economy, they can confidently leave that to us.
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Im out of my depth here but Luongo and Lanci have talked on a few occasions that they can see China buying gold for a while and then they suddenly stop. You start wondering if the run is over and then the US buys gold for a while. Then the US stops and China starts again.
No link but Ive heard them say this a few times and they think its coordinated.
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I would not be surprised. They both have an interest. The United States’ interest is just to kick the can down the road. China’s interest is to divest treasuries and buy gold.
Suppressing the price of gold helps each one to accomplish their goals.
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