Yes, I haven't looked recently but a conservative estimate is they sell 100 ounces on paper for every ounce in the vault. If you search on the net about JP Morgan fined for fixing the price of silver you'll find a few articles. Most people could care less about taking physical possession so in essence the people enable JP Morgan to screw us. If they had to trade in real physical silver they couldn't move the market and suppress it as much as they have. You have to ask yourself if the historic ratio of gold to silver was 1-16 how has it stayed above 1-50 for decades and currently around 1-70. There's a ton of speculation on what the real price of gold and silver should be.
Thanks. I've been in the physical silver world for a while. Always heard about JP Mprgan and the silver market, but couldn't be arsed to read financial news: not my cup of tea.
I'll not by paper silver: good luck to those who are going after the ultra-squeeze. I'm only waiting around long enough to buy up property when people can't pay their property taxes. If yall could make that happen sooner, I'd appreciate it.
Society might feel friction during the change, but that's the price we must pay for playing kike games for too long.
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