I heard that one group claimed they got an “80% profit” in order to give up their contract. There is no indication that this is an 80% premium over the current price. It seems more likely that it’s someone who bought a couple months ago at $20, and now they realise that the group doesn’t have any silver, and they want to get out, and the group offered them an “80% profit” to give up. Which if they bought at $20, would mean they got paid like $36 on a contract that theoretically was worth $46.
In fact, the entire tape seems to suggest that this is a horrid inside-job kind of payout, because when the reality becomes known, people who bought this unbacked paper were only likely to get 20-30% on the dollar. So this was an unethical move to keep the problem quiet by paying a higher but still not full payout.
I would note that in many of these types of arrangements, the person issuing the paper has the right under law to terminate them at any time by delivering the cash equivalent of the current price. So there would be no reason to have to pay more than the current price to get people out; it makes more sense to interpret this as a “profit” on a prior investment that is still less of a payout than the current price.
The tape also seems to suggest that the market will collapse at some point once all the speculators are driven out by the knowledge that people are selling worthless paper as if they have the physical assets.
Note: I have no idea if the claims are true, that the paper is worthless, I’m simply saying that the video doesn’t say that people are getting paid more than the current value of the silver.
By “Heard”, I mean that this is my interpretation of what I heard from the posted audio, not that I “heard” if from somewhere else.