Silver isn't even a big deal to mine, the majority comes from copper or gold mines as a side product. There are massive stock piles in bullion as well as tons and tons of it out there in the world.
Retail investors are not going to be able to accept delivery and most of them don't even trade futures. Without hording physical silver, buying paper only helps Wall St as they are the fuckers selling the paper to people.
All this looks like is people holding silver that want to pump the price, it's glaringly obvious what is going on.
It has jumped a ton since yesterday. can we outstrip the supply?
No.
Silver isn't even a big deal to mine, the majority comes from copper or gold mines as a side product. There are massive stock piles in bullion as well as tons and tons of it out there in the world.
Retail investors are not going to be able to accept delivery and most of them don't even trade futures. Without hording physical silver, buying paper only helps Wall St as they are the fuckers selling the paper to people.
All this looks like is people holding silver that want to pump the price, it's glaringly obvious what is going on.
Buy actual silver, not the paper.