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<p>[QUOTE=&quot;GoldFinger1969, post: 5434771, member: 73489&quot;]<i>What about holding out for higher prices to avoid losses, in general ?</i></p><p><br /></p><p>I mean, dealers in theory are supposed to be like bookies -- they&#039;re not supposed to wager on precious metals prices, right ?&nbsp; So what happens if a BIG correction down in gold or silver renders the current market price for what a dealer has unecomomic to sell at.</p><p><br /></p><p><i>What does he do then ?&nbsp; Wait for gold to bounce back ?&nbsp; Double-down and take on more inventory at the new lower price, hoping it&#039;s bottomed and doesn&#039;t go even lower ?</i></p><p><i><br /></i></p><p>I&#039;ve never understood how this worked.&nbsp; </p><p><br /></p><p><i>Also, do you think some dealers today might even hedge by shorting liquid ETFs like GLD or other proxies for gold or silver ?</i>[/QUOTE]</p><p><br /></p>

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