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 | |
phillk6751
User ID: 78994292 United States 02/11/2021 01:08 AM Report Abusive Post Report Copyright Violation | 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 |
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Anonymous Coward User ID: 69408373 United States 02/11/2021 09:17 PM Report Abusive Post Report Copyright Violation | Paper is trading for far less than actual Physical. Quoting: jlee2027 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. 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 You can't print silver- |