/biz/ - Business & Finance

Do you think the current spike in spot for gold and silver are the massive physical delivery for gold in august and silver in september? Once those deliveries are met, what are the chances that a lot of the people end up selling off their silver for cash considering spot will be a lot higher than when they bought their paper contracts and thus brings prices back down? The fact that so many people are demanding delivery would mean these paper jews are going around buying as much physical now so they can have enough for deliveries unless they want to have a force majeure and pay out in cash instead which would ruin their paper scheme forever.

What do you think?