Not a good time to sell,now that silver is in backwardation or close to it,the refineries can't hedge silver when they buy it,so they are cutting way back,they are not even buying 90%. In a normal market you can sell at spot,but dealers are afraid of a price drop so they are offering less. Soon the big dealers will be out of silver to sell,and local dealers will have to pay more..... I assume.
I'm buying mining stocks and calls right now,as I can buy and sell them a lot quicker and easier.
How about selling tips? Why would anyone buy at these insane rates?
Not a good time to sell,now that silver is in backwardation or close to it,the refineries can't hedge silver when they buy it,so they are cutting way back,they are not even buying 90%. In a normal market you can sell at spot,but dealers are afraid of a price drop so they are offering less. Soon the big dealers will be out of silver to sell,and local dealers will have to pay more..... I assume.
I'm buying mining stocks and calls right now,as I can buy and sell them a lot quicker and easier.
Nowhere near done. Most controlled asset. I will be shocked if it doesn't hit $400.
Just broke $70
https://www.reddit.com/r/Wallstreetsilver/comments/1pteub5/report_from_the_field_for_friday_december_19_2025/
Here is a good report from the field from a local coin/ bullion shop.