Which is the real price of gold and silver? The price quoted on your screen, where you cannot get the commodity or the price where you can take physical possession of your metal. The Western Comex price of around $80.00 for silver, while silver Eagles are quoted around $110.00 if
Yesterday the silver price on the Shanghai market closed at 131.26, and the comex closed at 114.66, a 16.6 USD difference. The Shanghai market is a physical market and the Comex is largely a paper market. One wonders why the paper trades lower than the physical, who benefits and what
Where are the prices of Gold and Silver going? In my opinion, a lot higher. Mexico has joined China in restricting exports of silver. A good portion of the silver used in the US comes from Mexico. This is excellent political leverage against the US. I understand the Mexican reaction.
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