There are many times more paper contracts than physical available, also the market is tiny approximately $25 billion. 1 rich dude could buy up a decade of all the world's silver... that's how small the market is but silver us used by all the high tech.
Rigged prices to keep it cheap. They are selling their paper silver to drive the price down
Aha! Thinking you may be right. I don't own one penny's worth of PAPER silver, I've stacked physical silver over the years... and not as an investment either. I just get it a few ounces at a time, put it away and forget it's there. It is SOLELY for the purpose of barter if our currency ever collapses and is worthless. I will still be able to barter silver for necessities.
There are many times more paper contracts than physical available, also the market is tiny approximately $25 billion. 1 rich dude could buy up a decade of all the world's silver... that's how small the market is but silver us used by all the high tech.
Rigged prices to keep it cheap. They are selling their paper silver to drive the price down
Aha! Thinking you may be right. I don't own one penny's worth of PAPER silver, I've stacked physical silver over the years... and not as an investment either. I just get it a few ounces at a time, put it away and forget it's there. It is SOLELY for the purpose of barter if our currency ever collapses and is worthless. I will still be able to barter silver for necessities.