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re: This could be something....Look beyond equities, Silver to be the next short squeeze

Posted on 1/30/21 at 8:36 pm to
Posted by rintintin
Life is Life
Member since Nov 2008
16201 posts
Posted on 1/30/21 at 8:36 pm to
quote:

It just seems like there's a huge disconnect between paper silver sold and the actual commodity price.


I am no expert either, but I believe this is a large reason why there is such potential here.

I've read estimates that paper silver is roughly 400 times that of actual physical silver. Meaning if everyone who owned paper silver actually demanded physical delivery, physical supply would dry up in an instant and the price would skyrocket.

There are more knowledgeable folks in this thread who could probably explain it more in depth, but that's my cloud level understanding.
This post was edited on 1/30/21 at 8:38 pm
Posted by TDTOM
Member since Jan 2021
14923 posts
Posted on 1/30/21 at 8:46 pm to
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