This is a lesson some learn the hard way. Even in March 2020 the market for the two was drastically different. In a full economic collapse an exchange to trade in paper may be inaccessible, it may be confiscated by the government for the “national interest”, or the paper deemed flat out worthless if there’s fuckery by whoever is holding the metal.
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Just to clarify, I’m not advising people go hard into silver right now. It sounds like it provides liquidity to Citadel and JP while they need it. I just think it’s good to have some bullion saved, and am advising people to get actual metal and not paper if they do it.
https://www.reddit.com/r/wallstreetbets/comments/l9runf/the_silver_squeeze_is_a_hedgefund_coordinated/