It doesn’t matter that paper markets for silver are at $12.50/oz. NO ONE is selling physical at these prices.
I spoke to our local dealer. They are getting small amounts from some sellers at $20/oz, and then they have to mark it up from there.
I don’t see how futures can last like this. All it takes is someone to buy contracts, and then demand delivery upon expiry
Me either. Could this be the end of COMEX? If so, could the CBOT be next. Are we at the start of a massive revaluation?
I don’t see how futures can last like this. All it takes is someone to buy contracts, and then demand delivery upon expiry
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The contracts aren’t worth the paper they’re written when everyone is bankrupt.
Paper silver is now $11.90.
What a manipulated joke.
When is this fraud going to collapse? Its been going on for decades.