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<p>[QUOTE=&quot;desertgem, post: 4298848, member: 15199&quot;]Since the spot is set based on future contracts which the JPMorgan and foreign banks use to set the &quot;spot&quot; number. If the future contracts move up, spot will move up, and reverse. Theoretically they could move it either way as much as they like...until buyers/sellers start affecting the futures, by not buying until it gets low and selling when it gets high . Hoarding is the wrong thing to do if one wants to make money off the metal market. The bullion market was primarily for jewelers, industrial users, etc, until the Hunt Bros got smart and was beating them and so laws were changed.&nbsp;&nbsp; IMO, Jim[/QUOTE]</p><p><br /></p>

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