Economic Collapse

[Wishthiswasmyjob]

March is a delivery month and there
hasn't been one since December.
We've been hearing about a physical shortage of silver for weeks.
The stats show the actual cost to purchase physical silver is approximately 25% above the current commodity prices.

There are growing talks that many entities plan on holding their silver contracts and demanding physical delivery until the COMEX "fixes" the price difference. Basically this would force the COMEX to settle the contracts at a price 25% higher than where $Silver is currently marked.

When it comes to inflationary times and pressures, history shows platinum is the precious metal which launches first, then silver, then gold.
Platinum has already taken off, running with copper, lumber, etc....

There is no doubt the current $Silver and SLV charts are bullish, and I think SLV may be ready to break strongly above $27, maybe prompting a buying frenzy to take it to $30+.

I bought the March $23 calls on Friday and will be adding Monday. The premium is incredibly cheap here and any bounce will result in good profits. The price has dropped $1 during the last 2 sessions.
I fully believe we see a nice bounce off the 50 here.

SLV