/biz/ - Business & Finance

>>20841027
Spot and phys will decouple at that point, because of severe supply/demand imbalance as supply approaches infinity and demand craters due to people demanding liquidity of paper metals, or else dealers simply refuse to buy and wait for it to bounce back.

But this is all academic, because, institutional investors fucked up by getting caught and having to sell PMs in march. Make no mistake, many people on wall street know the score now (even if the media is controlled) and they're very quietly repositioning themselves such that they have sustainable PM hedges, and many of them physical and allocated. There will not be such a rally again.