Agreed, even if not a near term event, I'm holding what I have, I have been following the silver market for over 10 years, and when I went to buy some mid January and they had 10 oz, I went online and bought some. Bought some more 2 weeks ago when a potential squeeze was announced, and moved some money from 401k to an ira I have (Not all 401ks allow this, most funds available in 401ks are tied to SLV or GLD) so I moved what I could to pslv, not in hand but not paper either, and it may start trading with a premium because of shortage. Never seen such premiums on purchase, spent 1.50 over spot ten years ago, paid about 5 over before the squeeze was announced.
Agreed, even if not a near term event, I'm holding what I have, I have been following the silver market for over 10 years, and when I went to buy some mid January and they had 10 oz, I went online and bought some. Bought some more 2 weeks ago when a potential squeeze was announced, and moved some money from 401k to an ira I have (Not all 401ks allow this, most funds available in 401ks are tied to SLV or GLD) so I moved what I could to pslv, not in hand but not paper either, and it may start trading with a premium because of shortage. Never seen such premiums on purchase, spent 1.50 over spot ten years ago, paid about 5 over before the squeeze was announced.