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<p>[QUOTE="medoraman, post: 1474217, member: 26302"]But the small dribs and drabs of ASE's and junk silver people own are not the major sources we are talking about. Mines produce massive amounts of raw silver every day that needs to get moved to end users. Coin collectors not willing to sell junk silver is not really a consideration. </p><p><br /></p><p>Yes, if mines stopped selling it would be a major issue, but that cuts both ways. If they stop selling PM for a while then industrial users will find other things to use and long term demand will fall. These prices are really about mines hedging their future production, and large consumers hedging long term input costs. If Chris decides silver is too cheap and I will not sell 1000 ounces of junk silver, I seriously doubt anyone cares. Btw, I put my money where my mouth is too, and bought 20 years ago heavily and buy junk occasionally for fun still. </p><p><br /></p><p>Btw, I didn't mean "put your money where your mouth is" to be snarky or directed at anyone in particular. Its just many people on internet chat boards love to bemoan or rail against something as long as its not affecting their pocketbook, as soon as you talk about THEM doing something about it, they are not so brave. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1474217, member: 26302"]But the small dribs and drabs of ASE's and junk silver people own are not the major sources we are talking about. Mines produce massive amounts of raw silver every day that needs to get moved to end users. Coin collectors not willing to sell junk silver is not really a consideration. Yes, if mines stopped selling it would be a major issue, but that cuts both ways. If they stop selling PM for a while then industrial users will find other things to use and long term demand will fall. These prices are really about mines hedging their future production, and large consumers hedging long term input costs. If Chris decides silver is too cheap and I will not sell 1000 ounces of junk silver, I seriously doubt anyone cares. Btw, I put my money where my mouth is too, and bought 20 years ago heavily and buy junk occasionally for fun still. Btw, I didn't mean "put your money where your mouth is" to be snarky or directed at anyone in particular. Its just many people on internet chat boards love to bemoan or rail against something as long as its not affecting their pocketbook, as soon as you talk about THEM doing something about it, they are not so brave. ;)[/QUOTE]
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