Anon10/19/25, 05:52No.61149905
Guys. They refiners need to make a bazillion COMEX bars for a few weeks. It takes 5x to 6x as long to process 90% and sterling into .999 COMEX bars. The refiners' are only buying .999+ right now because they can just melt it and pour. Dealers can sell .999 to refiners or retail customers, but 90% is selling at or below spot because they are temporarily unable to send it to refiners and the public retail demand isn't as strong for worn 90% because it's not technically investment grade for IRAs and normies are told by youtubers to buy rounds, eagles and maples. In six weeks or less the problems at the LME will stabilize enough to stave off Financial Crisis 2.0 and refiners will start accepting junk again at $60+/oz. It's not a big deal. We live at a weird moment in time where demand for silver grew so fast and so great it broke the system, demand led directly to insane leasing rates, demand jammed up the refiners, and demand paused the movement of 90% silver. These are all incredibly, incredibly bullish signals. Take a second or two to learn a little about the market you invest in.