Silver market is a papermarket. Meaning, there is no silver to cover either the shorts or the longs (the puts (price goes down) or the Calls (price goes up))
Banks have forced customers to accept settling of accounts in fiat currency.
This mean they do not need to have the actual physical to cover their shorts or longs. As long as they have enough fiat currency.
This currency is then obtained at the FED who can simply CTRL + P.
So, if you want to make some plays ... Use options, make a profit, invest a part of that profit in physical and hold on to it.
Easy peasy plays are done on the binary options platforms. (higher/ lower with a payout of 70 - 90% or a loss of 100% of your investment)
Money management is key as well as not making mistakes. Best to use a test account first, to see if you are good at it. (2:1 is very well feasible and in 10 months can make you a nice addition to your income)
Once you have enough in your account, you can move some money to other platforms to use the multipliers to really get into the game.
But before you do: try to understand the market. (read, read, read)
Any recommendations? I've picked up books and read them, but most seem to just be filled with allegories and things that happened in the past. Maybe I just picked up the wrong ones.
You keep it, chances are the dollar will collapse and new currency backed by silver and gold will be made, then you trade silver for new currency to buy free real estate.
Can someone explain this to me?
If I buy physical silver and store it, and then the price of silver goes up, where would I sell the silver back to to make a profit?
You can sell it to any bullion dealer, including the one you bought it from.
You don't. You keep it.
Silver market is a papermarket. Meaning, there is no silver to cover either the shorts or the longs (the puts (price goes down) or the Calls (price goes up))
Banks have forced customers to accept settling of accounts in fiat currency.
This mean they do not need to have the actual physical to cover their shorts or longs. As long as they have enough fiat currency.
This currency is then obtained at the FED who can simply CTRL + P.
So, if you want to make some plays ... Use options, make a profit, invest a part of that profit in physical and hold on to it.
Easy peasy plays are done on the binary options platforms. (higher/ lower with a payout of 70 - 90% or a loss of 100% of your investment) Money management is key as well as not making mistakes. Best to use a test account first, to see if you are good at it. (2:1 is very well feasible and in 10 months can make you a nice addition to your income)
Once you have enough in your account, you can move some money to other platforms to use the multipliers to really get into the game.
But before you do: try to understand the market. (read, read, read)
Any recommendations? I've picked up books and read them, but most seem to just be filled with allegories and things that happened in the past. Maybe I just picked up the wrong ones.
Oh .... in verb adverb babble?
For the knowledge of the :Parse-Syntax-Grammer is not with the :Redtoe-skipper.
:True-statement.
You keep it, chances are the dollar will collapse and new currency backed by silver and gold will be made, then you trade silver for new currency to buy free real estate.
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