Silver trader here, you need to be careful because the price of SLV is determined by comex futures, not buying and selling of SLV. Silver SHOULD be much higher but they can suppress it there. What we do in RH will not affect the price of silver.
We need Comex contracts to hold for delivery. They won't be able to deliver physical metal. Comex goes boom. I've been patiently waiting for that moment for years.
Silver trader here, you need to be careful because the price of SLV is determined by comex futures, not buying and selling of SLV. Silver SHOULD be much higher but they can suppress it there. What we do in RH will not affect the price of silver.
We need Comex contracts to hold for delivery. They won't be able to deliver physical metal. Comex goes boom. I've been patiently waiting for that moment for years.
Hunt brothers and Warren Buffett have both attempted this. They were shut down by powers-that-be.
Not saying that it wouldn’t work now, though.
What is comex?
What about taking physical deliver of silver coin/bar?
Can that force a short squeeze?