Precious metals futures prices decline - Qazinform
Futures markets are doing their usual dance, but this tells us nothing about real metal availability. I've been watching COMEX registered inventories drop while eligible stays flat - that's the real story. Paper price declines create disconnect with physical premiums, especially on silver where dealers are still charging $4-5 over spot. The futures tail wagging the physical dog is getting old. Smart stackers know these dips are temporary noise. Central banks aren't selling their gold because futures traders got nervous. Neither should you. Physical metal doesn't trade on margin calls or algorithmic nonsense. When paper and physical diverge this much, physical wins every time. Stack accordingly.