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Silver, not silver "futures" (whatever the heck those are).
Silver futures are standardized, legally binding contracts to buy or sell a specific quantity of
physical silver at an agreed-upon price on a set date in the future. Typically in 1,000 ounce bar format.
I'll make it easier for you to understand. In other words it's what set's the value of what you
think your stack is worth today. It's what drops the price and makes you sigh and what jumps overnight and makes you dance with joy. It isn't the "night crew", it isn't magic, it's trading on the "silver futures" market.
It's what your dealer uses (plus or minus his premium) to Buy or Sell you said Silver, and Gold, yes there is a Gold futures market too

, and an Oil futures market, and a coffee futures market and a sugar futures market and yes everything you buy has a futures market.
It's how the big boy's that need thousands of ounces of silver every month (for whatever reason) or that produce thousands of ounces of silver, lock in Silver at a certain price for delivery to or from the COMEX vaults for next month. Or how investors hedge or gamble, or whatever.
We have the Internet and AI so there's really no excuse.
