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<p>[QUOTE="Blaubart, post: 1690400, member: 37498"]I don't really see this as an ethical issue. It's a business decision. I think a business that says they're choosing not to sell because of the recent plunge is being a lot more honest than those who hide their bullion in the back and claim they're sold out.</p><p><br /></p><p>I do have to wonder what the businesses who aren't selling at a loss would do if silver went down to $10 and gold down to $500, and stayed there for the next 20 years. Would they just sit on their $30 silver and $1600 gold? Would they treat that bullion separately from any bullion they buy at lower prices? Or would they eventually bite the bullet and sell at a loss?</p><p><br /></p><p>IMHO - The model that works is to continue buying and selling, and make money off your spread. In the rare circumstances where the market falls faster than you can flip at a profit, then that's just a cost of doing business. Refusing to sell is also costing them, as evidenced by Lucky Cuss' post above.[/QUOTE]</p><p><br /></p>
[QUOTE="Blaubart, post: 1690400, member: 37498"]I don't really see this as an ethical issue. It's a business decision. I think a business that says they're choosing not to sell because of the recent plunge is being a lot more honest than those who hide their bullion in the back and claim they're sold out. I do have to wonder what the businesses who aren't selling at a loss would do if silver went down to $10 and gold down to $500, and stayed there for the next 20 years. Would they just sit on their $30 silver and $1600 gold? Would they treat that bullion separately from any bullion they buy at lower prices? Or would they eventually bite the bullet and sell at a loss? IMHO - The model that works is to continue buying and selling, and make money off your spread. In the rare circumstances where the market falls faster than you can flip at a profit, then that's just a cost of doing business. Refusing to sell is also costing them, as evidenced by Lucky Cuss' post above.[/QUOTE]
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