RE: 3/16/2020 Trading Futures Update - PMs-Up, S&P500-Limit Down, Crypto-Up

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3/16/2020 Trading Futures Update - PMs-Up, S&P500-Limit Down, Crypto-Up

in hive-167922 •  4 years ago 

Why can't silver be purchased in USSA @rollingthunder?
The paper market for PM is really disconnecting from the actual market - demand is really to the moon. Unprecedented buying (at least it's what it seems to everyone right now).

hive-167922
4 years ago by

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      ·  4 years ago 

    From what I have been hearing from physical metals dealers, including the US Mint, people are purchasing and selling out silver stock creating a backlog of up to two weeks. This creates a rise in the premium which can equal the pre-paper price, such cost to acquire one ounce. as a $5 premium plus a $13 paper price still equaling $18

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