SILVER 0.30% $15.25 silver futures

what do you make of this, page-11

  1. 7,867 Posts.
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    "because they look for the first scrap of anything that will supposedly back up their point on this mythological price split between paper and physical and state it as fact."

    OK..don't know why I'm going to bother but I will..

    arronk..SO you basically making the assumption that ALL the paper out there i.e SVL is totally backed by physical? I can't prove that or not but Bart Chilton might have something to say about it.

    and..you are also assuming that people such as Eric Sprott ( managing a 9 billion $ Silver fund) and has just sold a heap of paper and bought more physical..Richard Russell, Schiff and Chapman are INCORRECT with their research..

    I see!!

    I am certainly not qualified or have enough info to back it up and if you do then you shouldn't be wasting your time on a stock forum..The decoupling of paper and silver has begun IMO..and yes right now is a buying opportunity which will end soon enough..People ARE paying 20-25% premiums on ebay as well as a few international coin dealers have hiked their premiums in past days..I merely put forward the 'facts' there is a market paying premiums..and when there finally is collapse of these paper scams..the price on kitco could go to 1$..try getting it at that then..could be wrong but you maybe need to give Sprott a ring and inform him of his naive assumptions about the silver market!!

    ;) Good luck!!
 
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