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Just my own personal thoughts on silver and the un-easy market conditions.
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<p>[QUOTE="medoraman, post: 1217106, member: 26302"]Good thread overall. Best I have read on this board concerning this topic.</p><p><br /></p><p>To me, bottom line, the CME is a market where silver prices try to be found. Its their market, their rules, and you can ignore it if you like. This is not a legally created market, they can do what they like, how they like, and be used or not used however you feel. At this time, it is the market quoted for PM, but many commodities are like this. We buy commodities al of the time below or above CME market pricing if the market is not reflecting reality. This is normal practice. CME frequently has deficiencies and real traders know when the CME is too high, too low, or the real street price. Also remember the CME is only the US board for PM, there are other markets around the world too.</p><p><br /></p><p>Bottom bottom line, its a market you can refer to or not, your choice.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1217106, member: 26302"]Good thread overall. Best I have read on this board concerning this topic. To me, bottom line, the CME is a market where silver prices try to be found. Its their market, their rules, and you can ignore it if you like. This is not a legally created market, they can do what they like, how they like, and be used or not used however you feel. At this time, it is the market quoted for PM, but many commodities are like this. We buy commodities al of the time below or above CME market pricing if the market is not reflecting reality. This is normal practice. CME frequently has deficiencies and real traders know when the CME is too high, too low, or the real street price. Also remember the CME is only the US board for PM, there are other markets around the world too. Bottom bottom line, its a market you can refer to or not, your choice.[/QUOTE]
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Coin Talk
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Just my own personal thoughts on silver and the un-easy market conditions.
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