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Subject
Silver severe Market backwardation. Paper Market Breakdown.
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[quote:Anonymous Coward 79401366:MV80NzA5MjExXzg1NzQ4NzI0XzJDNzI2NTEz] I haven't used this in a while...but I think this post merits it. :seal: [/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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