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<p>[QUOTE=&quot;C Jay, post: 1471369, member: 13184&quot;]It is my understanding that what speculators bring to the exchange is liquidity.&nbsp; If farmer Joe needs to capitolize a portion of his harvest in order to pay the high cost harvesting, he can go to a broker and create a contract for delivery in November.&nbsp; Speculators buy the contracts and trade it to other speculators numerious times before it winds up being bought by the &quot;Jolly Green Gaint&quot; and turned into dinner.&nbsp; If framer Joe had to deal exclusively with the &quot;Jolly Green Gaint&quot;, then the market is very limited, which is bad for everyone, except for the Giant and his friends.&nbsp; Speculators add capitolization, and their constant trading acutually helps stablize prices, verses dealing with a few conglomerates.</p><p><br /></p><p>Although gold and silver have a 10,000 plus year shelf life, there are buyers at the other end of the trading floor who do take delivery and stamp out all those little coins we so love.&nbsp; There is also a huge jewelry market.[/QUOTE]</p><p><br /></p>

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