A Physical Silver Trading Alternative To The COMEX

July 27, 2023

One of the biggest gripes among silver investors is how the price is set on the COMEX, by paper contract trading that can often bear little to no resemblance to what's actually happening in the underlying physical market.

Especially now with a market that's in a deficit and has seen a draw-down in physical inventories, yet continues to hover in the low to mid $20 range.

As a result, silver market participants from investors, to retailers, and even miners have been calling for some sort of shift in how the commodity is priced. So that the market reflects true supply and demand, rather than just the Wall Street paper trading.

Fortunately, there is a silver investor with a programming background who's been listening and working on a platform that could represent a step towards addressing the issue. And in today's show he walks through the FreeMarket.Auction platform he's built, how it's being used, and some of the concerns that it could possibly address going forward.

Which is not to say that there will be an overnight solution, or a magic silver bullet that will replace the COMEX, but rather that there's an effort ongoing to look into addressing these issues, coming up with solutions, and incorporating the feedback and concerns of the market.

So to find out more about an alternative physical silver trading platform that seeks to address true price discovery in the silver market, click to watch this video now!

Arcadia Economics

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The symbol for silver ‘AG’ comes from the Latin word ‘agentum’ meaning silver.

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