The estimated ratio of paper silver contracts to physical silver availability in certain markets reaches approximately 356:1 or higher. Possession of physical metal commands market influence. Paper trading carries substantial risks. $iShares Silver Trust(SLV)$ is managed by JP, whose entity previously incurred regulatory fines for extensive silver spoofing activities. $iShares Silver Trust(SLV)$ prospectus explicitly states no obligation to hold physical metal under extreme market conditions. Physical dominance overshadows paper claims. The East-West contention fundamentally represents physical versus paper assets. Consider $Sprott Physical Silver Trust(PSLV)$ or local physical acquisition channels.
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