very where i look, you find a solid market in physical silver. Everywhere. i think i have to get used to the idea of the premium being widened, from the board, comex. in futures, to explain, we call that the BASIS...for instance lets say December corn is trading at 7.65, ON THE BOARD. The Corn market doesnt bear the baggage comex silver does, the hint of any jimmyrigging a market, doesnt factor in to the Corn market, the BOARD IS the arbiter of where Des Moine physical corn trades, the price, asnd its quoted as (just for instance) "Dec +10". which means 7.75. We say basis because, this spread sometimes trades premium and sometimes discount. In the event of huge harvest, with medium demand, Des Moines corn could be Dec-10, 7.55.
Point being, in any commodity this basis can get stretched, and it obvious the "Des Moine" of the silver, the premium, which is a basis , is being stretched. Some places you're at Dec Comex +4. and let me give a shorthand how to refer to physical silver over the comex board, the synbol for december is "Z", so the quote qould be Z+4, and what seeing is Z+7 to even 10, if you factor in where 90's are trading. guys are buying, thats evident. i just got to get used to higher premium. People arent drinking the kool aid, that the FRN is okay, stocl market, while volatile is okay. Its a lie, and the physical market is showing me that. i thought maybe i could get 600 USD ASES. i dont thats doable, We could have Greek default set off a down draft, and i MIGHT be able to $600 ASES, or i might have to pay Dec +15, that what it looks like when the physical decouples for the "board"