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AnthonyS 7 points ago +7 / -0

Anyone who has been buying bullion for years knows the metal funds are BS to drive price down. Trying getting actual bullion with your $SLV or $AG shares and let me know how that works out.

I can buy options on them right? So it’s leveraged right? Which means they don’t have it. Anyone ever seen an audit of their bullion? Their about as believable as Dominion voting.

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alfredbester 2 points ago +2 / -0

Just buy actual silver. How much do you want?

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joatNH 4 points ago +5 / -1

Depends on the depository location. They could just reassign ownership.

Not saying there isn’t paper shorts. But everything is not a conspiracy.

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AnthonyS 1 point ago +1 / -0

Show us the audits and vault photos then.

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joatNH 1 point ago +1 / -0

I think you are talking about vaults held buy governments?

I’m taking about depositories. They are used everyday between large traders.

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Surfsup [S] -4 points ago +1 / -5

Sorry. There's already nearly record short paper and everything they can find is allocated or sold 400x over. You're part of the problem, idiot. Fuck gonget a job at the SEC they need brilliant minds like yours.

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joatNH 1 point ago +1 / -0

Easy now. I’m not part of the problem.

Why don’t you get a job there and prove it.

We all know there are paper shorts. But there are legit transactions too.

What I find funny is when people discuss futures contracts. Contracts have a finite life and need to be closed or you create a force majeure situation. Have we seen that yet? No. Could they trade paper between themselves yes.

They only way to fix it is to buy some contracts and have them delivered.

Why don’t you start?

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Surfsup [S] 1 point ago +1 / -0

I don't need a job there. Every bullion bank has been fined for illegal trading in the last couple years. They've also broken their own rules of how much they can hypothecate. Can you sell your neighbor's car 400x over? No. So why can they sell you gold holdings? ALL the gold and silver in ETFs like SLV and GLD is hypothecated. You are also using force majeure wrong. Most contracts are closed for cash or EFPs to London. EFPs are paid out at face plus a %. You're missing the whole point. Paper is paper. It can be faked until it can't. As far as trading contracts, lol, I'm not that stupid.

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NamendaBiden 4 points ago +4 / -0

18 great big dump trucks. Where's John McClane?!

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Surfsup [S] 1 point ago +1 / -0

+60 since it is not standard tonnage. You gotta source it. Record silver sales in January. Nothing available for sale. 1000oz bars have been impossible to find since q3. No one is selling either since the short contracts keep increasing. This amount cannot be reallocated. Every ounce is already spoken for.

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bigbootyhoes 1 point ago +1 / -0

You and I think alike. Can somebody explain this like I'm 5?

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KekMasterYoda 1 point ago +1 / -0

"They" say it can't be done.