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iShares Silver Trust Message Board

  • guintogg guintogg Jan 20, 2013 12:29 AM Flag

    Only gold bars from major fabricators like ScotiaMocatta and Johnson Matthey can be used to settle a Comex futures contract.


    That is, they're approved for future delivery. When the shortage hits, if you're holding one of these bars the premium is going to shoot straight up, so in addition to a higher spot price you'll make money on the wider premiums. Because of this, a lot of my larger investors buy Comex bars exclusively instead of coins.

    Sentiment: Strong Buy

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