Robinhood is nothing but a bad guy liquidity pool IMO. Avoid them like the plague. Though, noting what they ban might be a decent indication of what you want to own.
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David Bateman bought almost half a billion dollars worth of silver on the COMEX and took physical delivery:
Comex silver bars are industrial size, 1k oz, 30 kg.It's those door stop Comex Silver Bars you want to look out for.
I still have some space left. Just let me know when to be there to accept delivery.Where exactly does one store 12.69M ounces of silver?
Listening to this...and a bit pissed off.
At around 6:00 Ed Steer says the short discussion with PSLV is "pure BS". Then proceeds to suggest people discussing it are uninformed.
Yes Ed, There is a much larger short interest in SLV relative to PSLV, but you are looking at the wrong data.
LOOK AT INTRADAY SHORT VOLUMES...not the overnight short interest.
No, they up premiums following up demand. That's how bullion dealers work.WTH did they just up premiums for this squeeze?
How allocated is it if you are paying zero premium? That's kinda a red flag in my book.
Right now you can buy allocated silver (1kg cast bar) in Dubai at US$34.80/oz
Allocated Bullion Exchange | ABX
Allocated Bullion Exchange is the first electronic exchange for physical precious metals trading. Trade gold bullion with improved efficiency and pricing.abx.com
Spot is 34.30
You think ABX it's a scam - with the auditors, Inspectorate General/Bureau Veritas, a 150 years old company and one of the most renown auditing company worldwide, being involved in it - because the premium is too low.
Well either you are right or you are needlessly paying stupid premiums to your bullion dealer Voodoo : )