/biz/ - Business & Finance

>>53988522
>>53988564
Yeah, that's how you take delivery of the silver. You need a large truck and a good lawyer to pry it out of them, though.

Because of this, most investors don't want to buy physical gold and silver. They want to get rich quick. They do this by buying and selling these Futures Contracts (shortened to just "Futures.") You can see this on /biz/ sometimes. These traded Futures are the "eligible" contracts, meaning they haven't been cashed in yet.

The "registered" contracts are the ones people are cashing out, causing the reduction in silver in the vaults.

Remember, most investors (i.e., traders) just want a quick buck, so most of those eligible contracts will never be cashed out. This means, by manipulating the eligible contracts, the bankers can manipulate the actual price. The price of silver would skyrocket if the price was commensurate to the amount of physical silver.