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<p>[QUOTE="medoraman, post: 1756531, member: 26302"]Please read and add to favorites if you are not familiar how the Comex markets work. I find this article an excellent primer to understanding this process which many seem to not know.</p><p> </p><p><a href="http://news.goldseek.com/GoldSeek/1374696820.php" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://news.goldseek.com/GoldSeek/1374696820.php" rel="nofollow">http://news.goldseek.com/GoldSeek/1374696820.php</a></p><p> </p><p>I particularly find informative when he discusses WHY most contracts are settled for cash, (they are useful to industry), and how when the market is going down is very normal and expected physical stocks on the exchanges go down, (because there are better things to do with the PM). All is not "all paper is manipulation of the market", and "we are running out of pm because the price is too low" folks. Its actually a very normal market, and once you understand how and why it works, I think you are in a better position to be your own "BS detector" of pm pusher scare tactics.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1756531, member: 26302"]Please read and add to favorites if you are not familiar how the Comex markets work. I find this article an excellent primer to understanding this process which many seem to not know. [url]http://news.goldseek.com/GoldSeek/1374696820.php[/url] I particularly find informative when he discusses WHY most contracts are settled for cash, (they are useful to industry), and how when the market is going down is very normal and expected physical stocks on the exchanges go down, (because there are better things to do with the PM). All is not "all paper is manipulation of the market", and "we are running out of pm because the price is too low" folks. Its actually a very normal market, and once you understand how and why it works, I think you are in a better position to be your own "BS detector" of pm pusher scare tactics.[/QUOTE]
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Excellent Comex article
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