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<p>[QUOTE="Blaubart, post: 1486329, member: 37498"]I'm not really sure what you're trying to say here. Are you saying predictions of high prices aren't helpful, or the high prices themselves aren't helpful?</p><p><br /></p><p>Also, it does matter how high prices rise, even during a recession. In general, if the price of a commodity rises, even to an unnatural level, it's because someone out there is willing to pay that price. Not everyone of course, but enough people to have an effect on the price.</p><p><br /></p><p>Keep in mind that during a recession, the people who can't afford to buy silver, might have silver they want to sell. Look back a little while when silver was at $45/Oz. There might not have been too many people buying at $45/Oz, but there were some, especially on FeeBay. If you were willing to sell at 10% below spot, you'd probably have had no problem finding a buyer. If you listed an ASE on FeeBay with a buy it now price 10% below spot, it would have sold within 10 minutes. Guaranteed.</p><p><br /></p><p>So yes, high prices are helpful, when you're looking to sell.</p><p><br /></p><p>I want to buy more silver. So high prices aren't helpful to me, but I think the market couldn't care less what I want.[/QUOTE]</p><p><br /></p>
[QUOTE="Blaubart, post: 1486329, member: 37498"]I'm not really sure what you're trying to say here. Are you saying predictions of high prices aren't helpful, or the high prices themselves aren't helpful? Also, it does matter how high prices rise, even during a recession. In general, if the price of a commodity rises, even to an unnatural level, it's because someone out there is willing to pay that price. Not everyone of course, but enough people to have an effect on the price. Keep in mind that during a recession, the people who can't afford to buy silver, might have silver they want to sell. Look back a little while when silver was at $45/Oz. There might not have been too many people buying at $45/Oz, but there were some, especially on FeeBay. If you were willing to sell at 10% below spot, you'd probably have had no problem finding a buyer. If you listed an ASE on FeeBay with a buy it now price 10% below spot, it would have sold within 10 minutes. Guaranteed. So yes, high prices are helpful, when you're looking to sell. I want to buy more silver. So high prices aren't helpful to me, but I think the market couldn't care less what I want.[/QUOTE]
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