Big changes coming for SILVER stackers, and its not all good :(

Seems to me he'd be hurting from everything he bought leading up to Friday, and Friday afternoon would've been his day to buy! Or do the refiners lock in his price on the day he offers stuff to them?

 

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And tonight it’s all up again.

 

https://www.zerohedge.com/precious-...-sense-silver-fridays-utterly-rigged-nonsense

 

Crazy, huh?

 

I think the down draft will be short lived, heck its got to go back up sometime right?

 

It’s already up to over $87.00

 

Locks in the price, but still very stressful for him. Payment can be 5 weeks which is challenging for small shops.

 

I don't follow all P M distributers' terms, but Apmex will let you store it in their vault for a small fee...Their buyback is a min. of $20,000 dollars, so, a wire transfer will sell it back for a small fee when price is high...A smart investor can make good money by buying and selling like this and still have P M in storage... no shipping fees and fast transfers...you never have to see the goods. This allows small investors to make fast trades.

 

what gets me is silver prices have been typically 1% of gold. I just looked at the tick, and silver is close to 2%. Seems to me that $86 is still rather high.

 

Say wut?