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<p>[QUOTE="10gary22, post: 920544, member: 23626"]I think that since Silver is used in so many commercial processes, that when prices start to rise, industries start buying quantities to stockpile. I mean, if you use 10000 oz a day in your business and the price starts to jump, you buy all you can before it goes higher. When that demand hits the smelters, they make more ingots. Of course, people who use a lot of it probably deal in futures to hedge their costs against the price of the actual bars. But I think that causes the melt to increase when prices go up. IMHO[/QUOTE]</p><p><br /></p>
[QUOTE="10gary22, post: 920544, member: 23626"]I think that since Silver is used in so many commercial processes, that when prices start to rise, industries start buying quantities to stockpile. I mean, if you use 10000 oz a day in your business and the price starts to jump, you buy all you can before it goes higher. When that demand hits the smelters, they make more ingots. Of course, people who use a lot of it probably deal in futures to hedge their costs against the price of the actual bars. But I think that causes the melt to increase when prices go up. IMHO[/QUOTE]
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