As Silver starts to resume volatility it may be tempting to buy paper Silver. Don’t.

Just a reminder to stay out of the casino, buy physical instead. I have no doubt Silver will start to swing again, and as it does, many will see opportunities to make dollars. But beware, this time may be different.

There are far more paper claims on Silver than actual physical silver, and as such, these claims will once again go through a sell off as Silver becomes scarce. This is due to the fact as people wake up to the fact paper claims can’t actually be redeemed for physical Silver, it’s better to sell those claims than hold a debt that can’t be paid.

Silver hit over 120 this last year, and afterward, a sharp sell off that touched the 50s. Many may have wished they had sold near the top and bought back into silver after this sell off, potentially doubling their stack.

I expect a similar pattern to be seen in the next bull run, I also think this time instead of breaking 100, it’s possible to break 1k. I know this seems high, but I don’t think it is. I also think the sell off after could collapse the price right back violently as 100s of contracts are all claiming the same Silver.

The temptation will be there to sell Silver at the top again and buying it all back later at a fraction of the price, except for the real possibility that even though Silver price is crashing or has crashed, there’s actually no physical Silver to buy afterwards.

There should be caution when buying etf Silver. It’s great being able to sell instantly and accumulate dollars on Silver trade digitally, but Silver swinging violently should be a wake up call that the dollar system is reaching more and more instability. As such, there will be a time no matter how many dollars people hold, Gold and Silver won’t be able to be purchased for them, regardless of a crash in price on a screen. Do yourself a favor, buy and hold physical Silver this bull run.