If i was buying for profit I'd probably buy paper. Times like these physical goes way up because of supply issues, but eventually will be close to paper again.
Is this the time it never comes back? I doubt it.
When it settles back down to paper price, buy tons. When there's another shortage due to the fake paper market price, go sell at $10+ above spot. The problem is that the real physical price is held back by the psychology of the paper (spot) price. The shortages are artificial. We need a method outside of the spot (paper) market to find the value of physical.
The paper market is an illusion that makes people thing the real value of silver is under $30. If you're in the paper market and demand physical silver, they can just give you cash instead. If the paper price get's to high, they can just create more paper to support the illusion of cheap silver. Thus people sell their physical silver at paper prices, but the real price (if there were an outside mechanism) would be much higher.
I doubt it to. But I do believe it's a sign of things to come.
Yeah, so buy paper now, and when it is reasonable (like $4 premium for sae) again swap for physical.
Does that work? If you have a paper contract and you demand silver are they contractually forced to give you silver or will they just give you cash?
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