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Wall Street Mav
Wall Street Mav|Jan 25, 2026 15:07
There seems to be a campaign among crypto bros to try to convince everyone that it is impossible to sell their silver, with the implication being "don't buy silver", and buy their favorite crypto coin instead. The fake claims of "best offer I could find was 70% of spot" are ridiculous. It is relatively easy to get near spot prices (within 3%). If you connect with other private investors at coin shows, you can do transactions at spot prices. There are fake reports that "refineries are not buying any more" which is ridiculous. They cannot get enough silver to meet demand. Meanwhile, silver mining CEOs are reporting that they are selling their mined silver at $3 above spot prices. Companies like Samsung are approaching mining companies and doing deals to secure supply directly.(Wall Street Mav)
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