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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.96-1.8%Nov 14 4:00 PM EST

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ggersh
To: sense who wrote (154443)3/16/2020 12:59:32 AM
From: sense1 Recommendation  Read Replies (1) of 217825
 
One of my wanderings today... was to E-Bay and the websites of a couple of the silver sellers...

The "spot price" hammered down to under $15... staying there now...

Normal to have as much as a dollar in the premium, the spread between spot price and what you can actually buy it for...

Right now... the silver companies are willing buy silver from you for $2 OVER spot...



Staying there now...



If you want to buy Silver Eagles... the mint is fresh out... but you can get them from dealers, where you'll have to pay north of $19 each to get them. Buy the 10 oz bars... and you can find the silver bullion bars for $17.80 an ounce...

But it appears that NO ONE is following the "paper price" any more in pricing real metal...

Just like ATR > 6 indicated "something coming loose" in the controls on a stock ? Or, on the whole market ?

The same thing is happening in physical metals right now... the "controls"... which in gold and silver are subject to the price setting function imposed using "hypothecated" "paper silver" or "paper gold"... are failing... with the real difference between actual ownership and "hypotheticated" ownership... now being reflected in a growing price differential.

Search "DOJ lawsuit silver pricing"... ongoing since 2015, at least... but, appears to be speeding up... and not going the way you'd typically expect... with a wink and a nudge to the banks before a slap on the wrist ?
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