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Title: Silver hits low of $11.30
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Published: Mar 16, 2020
Author: Me
Post Date: 2020-03-16 13:57:46 by Pinguinite
Keywords: None
Views: 2471
Comments: 15

... as of today. Amazing. I thought going down to $14 oz would be a strong pullback. Of course I strongly doubt any physical silver could go that low. Is a decoupling event of paper to physical silver prices neigh?

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Begin Trace Mode for Comment # 7.

#2. To: Pinguinite (#0) (Edited)

Let the market decide, they'll figure out the real price of a physical piece of silver & gold.

The demand for toilet paper is going UP, so your Frn's still have some value.

hondo68  posted on  2020-03-16   14:48:11 ET  (1 image) Reply   Untrace   Trace   Private Reply  


#3. To: hondo68, Pinguinite (#2)

Earlier today I posted actual prices from people selling real silver. The prices were low but not that low and the premium would bring you back to the physical silver price of last week.

The paper and physical markets have split permanently. Not sure how much longer paper will be worth anything.

Horse  posted on  2020-03-16   21:21:32 ET  Reply   Untrace   Trace   Private Reply  


#7. To: Horse (#3) (Edited)

The paper and physical markets have split permanently. Not sure how much longer paper will be worth anything.

One of those big banks has been stockpiling silver. Not sure how much they have but it might be a few million ounces.

Silver can be used while gold cannot. ;)

BTP Holdings  posted on  2020-03-23   18:22:28 ET  Reply   Untrace   Trace   Private Reply  


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