Why didn't COMEX default?
>>62012295Nothing has settled.
>>62012295>Why didn't COMEX default?Because they paused the market for over an hour and made calls to make people change their minds about taking delivery. Are they going to do that every month?
>>62012295it never will. this is a false narrative being pushed to steer investors away from silver when it predictably never happens. what will happen is silver will continuously run in a supply deficit leading to higher prices over time. the only way to solve the silver shortages is for the price of silver to go up. high silver = more mining = more silver
Werewolves need to be protected at all costs
>>62012963See you at $15 baggie
>>62013022well the industry would love that but they won't be able to find anyone selling at that pricelet me guess you have some long otm put and are hoping silver crashes? lol have fun losing all your money retarded gambler
>>62012295PAPER IOU's and a ton of excuses.>>62013022get a load of this retard lol
>>62012295The delivery contract holders have a selfish financial interest in rolling forward their delivery date if the Comex supplies are threatened. Think about it logically. If you had 1 million ounces owed to you by the Comex, but the attempted delivery of said 1 million ounces causes the Comex to default, the value of your delivery contracts plummet to zero while physical silver skyrockets. You as a contract holder have no silver and are paid out pennies on the dollar for your worthless delivery contracts. Better to cash in the delivery contract for USD while it still has any value, or reschedule delivery of physical if you are feeling bold enough. This dynamic ensures Comex default can never happen.
>>62012295it's always the same old shit:* big move happens* stacktard schizos start mutually fellating about the apocalypse* market returns to normal (i.e., crashing and crabbing)* schizos continue to mutually fellate each other about the apocalypse* nothing happens
>>62012295Schizo jeet nonsense. You can still see them here>SAAR THEY HAVE NOT SETTLED THE SILVAAR SAAR DO NOT REDEEEEEEM
>>62012295i think it was because stacktards didnt stack enough, atleast thats how the narrative goes, silver is like GME, AMC only it actually has weight but is equally worthless