Godlike Productions - Discussion Forum
Users Online Now: 1,925 (Who's On?)Visitors Today: 334,551
Pageviews Today: 974,291Threads Today: 611Posts Today: 13,612
05:27 PM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Silver severe Market backwardation. Paper Market Breakdown.

 
Anonymous Coward
User ID: 558813
United States
02/11/2021 01:01 AM
Report Abusive Post
Report Copyright Violation
Re: Silver severe Market backwardation. Paper Market Breakdown.
Just keep borrowing money, everything will be okay.
phillk6751

User ID: 78994292
United States
02/11/2021 01:08 AM

Report Abusive Post
Report Copyright Violation
Re: Silver severe Market backwardation. Paper Market Breakdown.
It's funny how Kitco claims the spot price is determined by OTC decentralized markets, but their spot price does NOT reflect ACTUAL OTC prices.

[link to www.kitco.com (secure)]

...unless I'm misunderstanding that by OTC they mean digital markets only?

Last Edited by phillk6751 on 02/11/2021 01:09 AM
Anonymous Coward
User ID: 79872515
Australia
02/11/2021 01:14 AM
Report Abusive Post
Report Copyright Violation
Re: Silver severe Market backwardation. Paper Market Breakdown.
NC-ud0ntsay
Anonymous Coward
User ID: 80042830
United States
02/11/2021 09:14 PM
Report Abusive Post
Report Copyright Violation
Re: Silver severe Market backwardation. Paper Market Breakdown.
.
Anonymous Coward
User ID: 69408373
United States
02/11/2021 09:17 PM
Report Abusive Post
Report Copyright Violation
Re: Silver severe Market backwardation. Paper Market Breakdown.
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.
 Quoting: jlee2027


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
 Quoting: Anonymous Coward 80033558


You can't print silver-





GLP