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mikewarot
14 days ago
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Silver plunges 30% in worst day since 1980, gold t...
Earlier today, it occurred to me that the "spot" price could go to zero if the physical metal isn't available for delivery. I missed the dip down into the 70s.
MisterMower
13 days ago
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How would the spot price go to zero? Wouldn’t it be infinity? Demand is not zero, supply is zero?
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mikewarot
13 days ago
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Spot price is the price of a futures contract, not the actual silver. If the exchange can't deliver, what good is a contract? It would be worthless.
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