If you look around the retail price of physical silver hasn't moved much. 1oz Coins premiums of 5-10$, ABC selling 10oz bars at $6 premium over spot, heck even 100oz bars are $2 premium over spot. That's unheard of.
What we are seeing is play with PAPER positions, which have absolutely no affect on price of physical.
The decline in paper spot price just seems to widen the PREMIUM on physical.
Time to go shopping today for some more physical gold, silver and platinum is I can find any at decent price.
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