Loading ...$52 silver just hit. $4100 only a few bucks away.
Clearly the LBMA is in default. There’s no silver. The only thing that resolves that issue is a higher price.
I’m not sure how the silver shares are valued right now, but they probably should be even higher than they are. Gold shares too.
The dollar is moving higher and even that doesn’t matter.
This is what finally happens to corrupt paper markets. I never thought we’d see it.