Thursday, February 4, 2021

Essay on Markets Decoupling – it’s happening now

 Via David


First, a repost of a piece I wrote years ago on cash markets decoupling from the futures and derivatives markets, specifically in the context of metals. I have not changed anything, but I have bolded the key, key points.

This just in over the transom today, 3 February, ARSH 2021:

The silver short squeeze in physical silver at present is unprecedented. Even so, the spot price of paper silver is not even close to the real physical equilibrium price of silver. BullionStar may soon have no option but to abandon setting prices based on silver spot price altogether and move to fixed prices.”

More @ Barnhardt

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