Replies to post #13729 on iShares Silver Trust (SLV)

[jt6455]

Your argument only applies to paper money. I am seeing bullion dealers buy back metals above spot price.

It's only a problem if you have your money in paper bullion. Very soon the other 99% will wake up and see this. Once this happens the mind games and price manipulation shall pass and the demand for silver and gold will far exceed supply.

Central banks own very little gold and silver when compared to the populous and they know this. They are on borrowed time and will need to come up with a gold/silver backed currency worth enough for the populous to want to exchange it for their their PM.

It's at simple and that is why I am buyer of both.