Replies to post #20964 on iShares Silver Trust (SLV)

[Thinman13]

My guess is that the premiums will normalize as silver moves back up. The high premiums we are seeing are simply a reflection of the physical reality of the market determining the price as opposed to the synthetic futures market determining the price.

What I'm waiting for is one billionaire to decide they are going to stockpile physical silver much like the Hunt brothers tried to do 33 years ago with paper silver.

[clownsj]

'Spot' price isn't the true price of silver, it is a summation of what people think they are paying for with empty paper ETF's and it's somehow bonding that price to physical silver. I'm stacking and waiting for the ETF's to finally collapse. You can't make solar panels out of paper silver, they need actual, physical AU for the opportunity to turn sunlight into electron flow.