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REPORT ABUSIVE REPLY
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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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darth |
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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. 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!!! Try Texmetals dot com. Texas Precious Metals in Shiner, TX. If you can drive there, you can purchase for cash at a discount. No sales tax on PMs in TX. Ag coins and bars around $33-35/troy oz.
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