I've always felt nervous about trading paper metals, in particular, silver. I've never felt bad about the phyzz in my hand.
I used to think that the paper markets would get to $100+ on silver before the 'dislocation' of the paper and physical markets. I'm not so sure anymore. I've had this feeing for a while and today again, I am strongly considering selling completely out of the markets and transferring those digits on my computer screen into physical gold, silver, and platinum bullion coins.
You have been warned. I will probably make this decision in the next couple of days. It will take 3 more to settle the stock sales, and then it will take another week to get the check, and cash it in a bank. Then it will take a few days for me to pick out my metals and transfer my bank dough to apmex and another week thereafter to get my phyzz.
This process will take 3 weeks. Plan ahead. If you feel like I do, time to make preparations. The shit is going to hit the fan. I think the paper and phyzz markets may 'dislocate' now before spot price of silver goes over $50.
Food for Thought. Happy Investing =)
z
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