Loading ...Own physical, in your hands. No paper. Don’t buy on margin. The Hunts tried playing by the market’s rules, and the market, which controlled the silver, changed the rules. If you have your physical, unencumbered, in your hands, you aren’t subject to the market rules (although you are affected by any pricing shenanigans; but they can’t take your ounces).
This time, the Chinese own the silver. They aren’t subject to US market rules. The US market (including the banks) is realising that its rules don’t matter any more. Paper is, errr, paper. The banks need physical and have to pay any price for it. I suspect they aren’t getting yours!
The Chinese own the silver. Now they make the rules. I find it rather ironic. It’s only when the communists take over the market from the bastion of capitalism (well, debtism) that we get price discovery.