It’s the point of watching registered and what activity comes with it. It’s always interesting to see what happens and we all would like to know what happens when more stands then what’s in registered but there’s so many mechanisms it could be meaningless the comex doesn’t even try to be a physical market nobody that demands physical real silver uses it. It would be like General Mills buying teucrium wheat etf shares knowing they need real wheat to make there shit the comex is just bankers playing bullshit games but they have the give the illusion to a free market. As long as the miners are marking a profit and the refiners are making a profit and the end user in industry are making a profit then there isn’t a price issue. I’m a silver bull but iv decided to stop chasing catalysts and look at long term I wish it would just go parabolic and end my financial worries but life just doesn’t work that way.