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<p>[QUOTE="Blaubart, post: 2373938, member: 37498"]Is market speculation through "sitting on silver" anywhere in their purpose?</p><p><br /></p><p>I suspect they forecast how much silver they will need to meet production demands and they purchase that amount. I don't think it would fly if the person making that forecast told their approval authority "I think silver is undervalued right now, so we should buy twice as much silver as we need to meet our production goals."[/QUOTE]</p><p><br /></p>
[QUOTE="Blaubart, post: 2373938, member: 37498"]Is market speculation through "sitting on silver" anywhere in their purpose? I suspect they forecast how much silver they will need to meet production demands and they purchase that amount. I don't think it would fly if the person making that forecast told their approval authority "I think silver is undervalued right now, so we should buy twice as much silver as we need to meet our production goals."[/QUOTE]
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