the need to see something.
>but why so popular?
dunno ask the ones who keep defending it.
Obviously whoever is producing it is just bored and tapping into people's need to see something.
>>15945262 lb O.C.C Quarterly Derivatives Report Q4 2021-March25th, 2022
>If I weren't so confident silver is about to triple-digit-exponentially explode
not going anywhere near that level as long as this is allowed
Why it's still at half it's all-time high from 1980 and 2011
all VP needs to do is just mention Ag.
Supply already dwindling on a huge scale-local has to drive a few hundred miles just to fill what used to be small orders.
>paper substitute
exactly why the ETF industry grew like weeds staring in 2006-the need to direct from physical.
Most people have no idea they own nothing but a promissory note.
>ownership
less than 1 % at present and it used to be about 8% around the late 70s early 80s
> I can't imagine it's more than days/weeks before it breaks, and breaks huge.
As long as they can pile on those pieces of paper it continues.
>he could practically crash the physical supply market by himself
The premiums are so high cause someone or some entity has already done it.
No moar Morgan dollars minted for 2022 because of issues getting the blanks-they do this a few times a year with it's production but has become moar of an issue this year
We just don't know who that isโฆyet
I'm on yer side fren
Tired of seeing millions of ozs "show up" with the data they produce-but been this way for decades.
I don't and never have believed the numbers they use int the C.O.T. or the COMEX delivery data.
It'll break but we have a mexican stand-off according the those #'s from Q4 becasue they are about equal now when they were not in Q3
Plus add the Goldman and Citi ones to mop up any 'leakage'
and the other wrench here is applying force majeure and that can mean anything they want it to.