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Message Subject
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Silver severe Market backwardation. Paper Market Breakdown.
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Poster Handle
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Anonymous Coward |
Post Content
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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 I don't know where you are getting the price of $34....The cheapest silver I am seeing that is available is well into the $40 range. To get anything of substantial quality and quantity you are most likely looking at $45 from any of the internet brokers. Lot's of loose ounces on Ebay but, nothing substantive!!!
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