"Paper silver" is a kind of personal voucher silver. Investors buy and sell "virtual" silver on the books according to the bank quotation. Individuals earn the fluctuation price difference of silver by grasping the international silver trend. The nature and trading mechanism of "paper silver" are exactly the same as that of "paper gold", and it is indirectly connected with the international electronic platform through the bank trading platform. The "paper and silver" bought by investors in China is indirectly reflected in the international market, thus forming a huge zero-sum game platform on a global scale. Some people earn, and naturally some people lose. In the eyes of long-term holders, it seems that everyone has made money. In fact, countless people participated in the sales and reached a dynamic balance. On the surface, banks are paying for the profitable side. In fact, the bank is the biggest winner, and the loss-making party's funds are supplemented to the profit account through system settlement. Banks earn spreads. 20 10, ICBC's online trading volume of precious metals (including gold, platinum and silver) is nearly 20,000 tons, with ICBC's gold spread of 0.8/ gram, platinum 2.4 yuan gram and silver of 0.04 yuan/gram. Although ICBC has not announced the trading volume of specific varieties, it can also be seen that the spread they only earn is very large. In addition, during this period, banks also obtained the right to use huge amounts of funds for free (buying and selling "paper silver" and "paper gold" without paying interest). The profit rate of this piece is also quite amazing.

In addition, we assume that bank customers take a fancy to the unilateral market, resulting in unbalanced transactions, and we don't have to worry about bank losses. Banks can arbitrage through the futures market to ensure their own interests. The basic idea is that when customers mostly buy (banks sell), banks do the same amount in the futures market. When the market rises, investors profit out (banks buy) and banks close the futures market at the same time. The market fell and the operation was in the opposite direction.