Proverbs 13:22 – “A good man leaveth an inheritance to his children’s children: and the wealth of the sinner is laid up for the just”.

 

Throw It Away Fast: Paper Silver

Throw It Away Fast: Paper Silver. The demand for physical silver as a monetary reserve will push silver much higher.

 

Thus, I suggest holding physical silver coins rather than SLV (paper silver).

 

 

Paper Silver, an asset that reflects the price of silver while not being silver itself. It’s not backed by real metal, so it’s considered to exist only on paper.

 

The silver short squeeze in physical silver at present is new.

 

Even so, the spot price of paper silver is not even close to the real physical equilibrium price of silver.

 

Online dealers may soon have no option but to abandon setting prices based on silver spot price altogether and move to fixed prices.

 

 

With  r/WallStreetBets (WSB) and related spin offs, the wider public is starting to open its eyes to the corruption and cronyism in the financial markets including in the paper gold and paper silver markets.

 

Why is silver paper an issue

One of the strongest critics of the manipulated precious metals markets where paper issuance of silver (out of thin air) exceeds the physical availability of real silver at a multiple of at least 100 to 1.

 

 

The only way to put pressure on the corrupted paper silver market and on the bullion banks is to buy physical silver.

 

Price discovery for real physical silver will shift to the actual trading of physical silver instead of being got from unreal paper trading prone to manipulation.

 

 

 

Curbing the paper price of gold and silver goes to the very core, not only of the financial system, but to the whole monetary system.

 

Silver price manipulated

Another contributor to the curb of the paper price for gold and silver is the government manipulation of inflation figures.

 

It’s important for banks, central banks and governments to ensure that precious metals prices remain subdued.

 

 

This is so because precious metals still indirectly guard the whole monetary system.

 

Key banks and governments have employed a two pronged approach, where on one hand, the money supply is raised via Quantitative Easing to prop up bank and vested interests while on the other hand, the paper price of gold and silver is controlled.

 

Physical gold and silver is real. Paper silver is not real.

 

 

The currency today has no monetary worth.

 

Paper silver pricing versus real silver pricing

Price find is based on paper silver spot trading in London and paper silver futures trading in New York.

 

If holders of paper silver were to demand delivery of physical silver, supply would quickly run out. This is happening right now.

 

There is no key market place for the trading of physical silver.

 

 

The price for physical silver is from the spot and futures paper markets. With an added premium covering the costs for refining, minting, shipping, storage, insurance and retail.

 

At the end of the day, silver paper markets may default. They are not able to deliver physical silver in exchange for the paper silver.