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05:33 AM
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Silver severe Market backwardation. Paper Market Breakdown.
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:jlee2027:MV80NzA5MjExXzg1NzQ4MzExXzcwM0M2QTgz] [quote:Anonymous Coward 77450255:MV80NzA5MjExXzg1NzQ4MTY3X0Q1OUE4RDFG] [quote:Anonymous Coward 80033558:MV80NzA5MjExXzg1NzQ4MTE2X0VEREMyQjRF] [quote:jlee2027:MV80NzA5MjExXzhBNzhBRURB] Paper is trading for far less than actual Physical. Example. Paper is $27 an ounce. Bars are $32-$34 an ounce (APMEX: https://www.apmex.com/category/25670/100-oz-silver-bars) This is backwardation. And it's getting worse, not better. The paper market is breaking. HOLD THE LINE. My fellow SilverTards we ride soon. [/quote] ok silver will crash soon. backwardation will follo to contango later. thanks this confirms silver is crashing just like btc maybe covid 21 is finally arriving [/quote] The dollar is collapsing. Silver will hold value. Currencies come and go. Metals have been valuable for thousands of years. BTC is propped up by the tether usd scam. BTC is destined for the trash bin. [/quote] Well said [/quote]
Original Message
Paper is trading for far less than actual Physical.
Example.
Paper is $27 an ounce.
Bars are $32-$34 an ounce
(APMEX: [
link to www.apmex.com (secure)
]
This is backwardation. And it's getting worse, not better. The paper market is breaking. HOLD THE LINE.
My fellow SilverTards we ride soon.
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