@Madhatter5566 Take a look at the link. You can buy 3000 ounces there immediately.
The "help, help, there's no more silver" thing is one of the reasons I went short. It's all hype and FOMO. There is no sudden shortage of silver. It's just the usual narrative (Schiff, Maloney, etc.) to get people to buy.
Of course the premium is higher. The traders have to protect themselves against the vola.
@Madhatter5566 Let's see. I've been short since today with a strike of 70, expiring at the end of August. If it goes lower than USD 68 by then, I'll make a profit, if not, then not.
But if I look at the current chart (there have only been green candles for the last 9 months, which has never happened with silver, at least not since 1980, I haven't looked before), then it's not completely out of the air that it could work.
@Madhatter5566 Oh my, if I had gotten an ounce of silver every time for every "the price is artificially kept down 'by them' - I would have been a millionaire long ago".
Yes, it didn't always go smoothly. But silver is not as rare as people would have you believe. And historically not worth as much as is being paid now.
It will come down again. For me, it would be nice if that happened before August.
