34 Silver shortage spreads to 1,000 ounce wholesale market (youtu.be) posted 3 years ago by Q4theWIIN 3 years ago by Q4theWIIN +34 / -0 22 comments share 22 comments share save hide report block hide replies
Unless they inform that there's no silver to deliver to you. Aw. "Here's your (fiat) money back!"
Google: "it is possible that the futures exchange could just elect to settle contracts in cash in a worst-case scenario."
-- Isn't COMEX just a lovely racket?
Yup. They default and people start wondering why they are defaulting.
Because wondering people is a terrible concern when you're trying to keep concerned wonderers out of your racket after you've fleeced them.
There's a reason SLV is traded like a common-stock with a typical 30% margin-requirement. It's all about raping the stops.
You can say that about anything. What's the point of a great awakening if nothing comes out of it?
People knowing is power.