InvestorsHub Logo

Thinman13

02/26/21 9:20 AM

#34251 RE: Rizsman #34250

Silver true price is the physical price. Canadian Maples are at $35 per ounce. US Buffalos at about $32 per ounce. https://www.jmbullion.com/2021-1-oz-canadian-silver-maple-leaf-coin/
The SLV price always trails the "spot" price by a dollar or two and currently there is a growing disconnect between the physical price and the spot price. An immutable law of nature is that this discrepancy will correct itself. Refiners will in no way be able to take delivery of industrial silver at a spot price below the physical acquisition price, nor will producers sell at a spot price below the true physical market price.
Not investment advice... but you may want to buy physical silver

Princess17

02/26/21 9:58 AM

#34252 RE: Rizsman #34250

Paper sooo short they are gonna be forced to cover be patient. Few more months the are gonna be scrambling