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<p>[QUOTE="Zuhara, post: 843526, member: 23099"]You are blurring the issue here. It is not some people who buy and sell at this price, it is everyone who buys and sells at this price if they are buying in quantity. That includes me, whether I want to take delivery of a futures contract, or whether I want $1000 face from Tulving tomorrow morning, or whether I'm ordering silver for industrial purposes because I make cell phones. If this weren't a "real" price, as so many who want the price higher argue, then I wouldn't be paying it, I would have to pay more. It works in the other direction as well. See if you can get substantially more for your silver on the industrial or any other market, except if you are selling small amounts to investors. You can't.</p><p> </p><p>One might say that all markets are currently dominated by speculators. What is the real price for a share of stock in Citigroup? It is whatever you can sell it for, despite the fact that the bank is worthless and insolvent. Some of the speculators happen to be people with substantial positions in silver and gold who want the price to move up, such as those at Le Metropole who have been whining about "manipulation" for years, while attempting to talk the price up (manipulation) by spreading rumors. </p><p> </p><p><br /></p><p> </p><p>Evidence? Shortages? London silver default? Similarly, I would like to point out to others who might read this thread that you have implied that anyone who disagrees with you is lacking in research and analysis while failing to provide any evidence for your claims aside from hinting that you have inside information which no one can research.[/QUOTE]</p><p><br /></p>
[QUOTE="Zuhara, post: 843526, member: 23099"]You are blurring the issue here. It is not some people who buy and sell at this price, it is everyone who buys and sells at this price if they are buying in quantity. That includes me, whether I want to take delivery of a futures contract, or whether I want $1000 face from Tulving tomorrow morning, or whether I'm ordering silver for industrial purposes because I make cell phones. If this weren't a "real" price, as so many who want the price higher argue, then I wouldn't be paying it, I would have to pay more. It works in the other direction as well. See if you can get substantially more for your silver on the industrial or any other market, except if you are selling small amounts to investors. You can't. One might say that all markets are currently dominated by speculators. What is the real price for a share of stock in Citigroup? It is whatever you can sell it for, despite the fact that the bank is worthless and insolvent. Some of the speculators happen to be people with substantial positions in silver and gold who want the price to move up, such as those at Le Metropole who have been whining about "manipulation" for years, while attempting to talk the price up (manipulation) by spreading rumors. Evidence? Shortages? London silver default? Similarly, I would like to point out to others who might read this thread that you have implied that anyone who disagrees with you is lacking in research and analysis while failing to provide any evidence for your claims aside from hinting that you have inside information which no one can research.[/QUOTE]
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Hey Im new to this whole silver thing..
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