Paper Bullion |

Paper Spot is NOT Physical Price for Silver. THEY ARE DIVERGING! Physical silver is breaking away from paper manipulation.
PAPER SPOT Bid/Ask 20.15 20.29
Physical Price: $28.78 (approx) Plus $3 shipping = Total

Paper Buy

AGQ-ZSL, Current Highlights, Options, Paper Bullion, Stocks And Options View Comments

Jan 252012

The following is from a Dec. 15th post:

“For a speculative silver bull option play, I am buying: ZSL Put, Strike 10, Expiry May 2012, Currently 1.10…may even go lower.”

Hopefully you bought the 1.10, or even a good deal lower. Now at $1.35, I am pairing off half.

Note, the paper market is extremely volatile and the swing game is largely a difficult function of anticipating manipulation.

If You Can't Stand The Margin Heat, Buy Real Silver

Current Highlights, Manipulation, Paper Bullion View Comments

May 132011

This article lays out the basic arguments for physical and, in this paper spot downturn, scolds the traders.

I have noticed some whining about the CME raising margin requirements for its traders. You will have to forgive me, but when you dance with the devil, you get burnt (or however the saying goes). Yes, some of you out there will point out that the short sellers own the exchange, and all of the standard complaints I also have raised about the COMEX. But I raise those concerns precisely because I want to encourage people not to play the casino COMEX game in the first place. Walk away. Buy real silver. You might be surprised how far the price can rise.

via The Silver Bear Cafe