[SamAdams76]

I never understood why people would buy "paper" silver (or any other precious metal for that matter).

I have a good amount of silver stacked up but it's 100% physical with most of it in a depository.

[ChildOfThe60s]

It’s the sellers of paper silver that are taking it up the rear end. They sold the paper on the guarantee it could be redeemed at any time. They bet they could always buy the physical to fill the redemption. In the past they have offered the paper holders cash incentives to roll over their contracts. If that really isn’t working now, big time trouble.

I’m not certain on this, but I think that if they can’t supply the bullion they have to pay the paper holder current market price of the silver. That’s a shot in the shorts.

They’ve been manipulating the price of silver bullion by selling loads of paper for decades. They richly deserve all the pain they get. Will this be the big one that crushes the paper pushers and manipulators? Maybe, maybe not. The money printers at the central banks have a lot of incentive to find a way to keep supporting the artificial price and protect their fake money.

[Chad_the_Impaler]

There are scenarios in which paper silver can dramatically outperform physical silver, usually for short periods of time. Heavy institutional buying into silver ETFs can push up the ETF market price if share creation outpaces the actual delivery of metal into vaults. In 2025, ETF share prices have already traded briefly at a premium to the physical metal.

If a short squeeze occurs in the paper futures, the paper price can move rapidly compared to the physical market. In the paper market, participants can be leveraged and liquidity can change rapidly. During speculative frenzies, paper markets can experience outsized inflows and rapid price movements compared to the physical bullion.

[G Larry]

"...100% physical with most of it in a depository"

Are you sure?

Has that physical silver in a depository maybe been sold four or five times?

Can you call them in the morning and demand delivery?

Not picking on you, it's just that my history with silver goes back to the Hunt brothers trying to corner the market in the 80's....(the last time we had $50 silver...)

[fatboy]

I have some silver stacked as well.
But I want to stack more.
A lot more.