Not if there is nothing in the comex market to provide and everyone buys and holds the physical. The metal will become valuable, the stocks worthless.
Mega baller play - buy both paper and physical, in a "fake short squeeze" like what we are seeing form, then sell the paper for cash (fiat nothing, reinvest in physical gold or land if you can, to protect it for the coming rollercoaster ride), and short the paper stocks hard en masse. Time it right, the price will tank, and people will sell off hard, expecting metal as "promised". When comex runs out because we bought the assets from under them, the paper will collapse as an offering, the reserves will be blown, and barring government intervention there wont be a way to get it back.
Nobody in the entire stock or bond market holds anything but "paper". Still fundamentally they hold deliverable contracts so the effect is similar.
Not if there is nothing in the comex market to provide and everyone buys and holds the physical. The metal will become valuable, the stocks worthless.
Mega baller play - buy both paper and physical, in a "fake short squeeze" like what we are seeing form, then sell the paper for cash (fiat nothing, reinvest in physical gold or land if you can, to protect it for the coming rollercoaster ride), and short the paper stocks hard en masse. Time it right, the price will tank, and people will sell off hard, expecting metal as "promised". When comex runs out because we bought the assets from under them, the paper will collapse as an offering, the reserves will be blown, and barring government intervention there wont be a way to get it back.
Silver can then go #BRRR proper