Fast clarification to all BTC followers acquainted with uneven cryptography however clueless about futures market and buying and selling bodily + paper commodities below one title.
SILVER = PHYSICAL SILVER 1% + 99% PAPER SILVER – that is ratio which creates mcap for SILVER. Simply take a look at day by day volumes of commerce.
Every unit is 5000oz! – 100K is 2/3 of worldwide mining manufacturing , traded in 1 day. This a lot is required to suppress worth of bodily metallic by quick promoting. (leveraged paper derivatives).
There may be round 98m bodily silver registered on the market on Comex market right now at 24$ = 2.4bln $ .. 2.4$ BLN $ is absolute peanuts. That little is required to empty bodily metallic => make paper derivatives nugatory =>unencumber worth of silver=> trigger domino impact on gold => Hit FED very laborious!
All BTC followers are but to expertise goodness of ETF and futures market. You’ll then comply with footsteps of todays silver and gold stackers attempting to clarify to the remainder of inhabitants distinction between actual and paper BTC.