This seems so staged like they planned this still cant hurt having physical silver and the sooner the dollar collapses the better the longer this unsustainable system is in place the worse it will be when it collapses.
Jp is custodian for SLV physical. Soooo......
So what? Good luck getting your phys when slv can pay you in fiat if it damn well pleases.
If you really think Jpm is going to give its silver to a bunch of plebs in the event of a crash...well just keep purchasing paper then. Good luck.
I'm analyzing flaws in the theory. And yes you're right.
That's why you can't just buy up all the coins. You've got to have a rich billionaire buy up physical contracts and take delivery, empty the JPM vaults have you.
But whatever.
I don’t get why you think JP Morgan or slv has to deliver. They don’t. Read the rules. No one is going to empty jP Morgan’s vaults.
If you crash the system, your fiat will be worthless.
And that'll be the least of our worries. Who. Fucking. Cares.
Crash it, watch it burn, prepare for chinese invaders from the great white north - in that order.
People are wanting to make money or survive a crash. If you own slv you are shit out of luck. If you have physical, you have something to barter with.
well, if Venezuela is anything to go by they weave their paper money in to handbags and sell them for stronger fiat currencies
Zimbabwe is another example, 1 wheelbarrow load of notes = 1 loaf of bread
even if America crashed it would be highly unlikely all currencies crashed, if all currencies crashed all of the money would be worthless(apart from a few people who would buy a load of it just in case it became valuable again) ironically coins would be worth more than notes because metals have value, i would assume that in the event the whole fiat system going down globally we would simply revert to trading metals with silver being the main metal, copper, gold, and the platinum family would also be traded, for governments trading i would expect to see stuff like high grade refined radioactive material being traded as well as ancient artefacts and renowned works of art
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