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<p>[QUOTE=&quot;InfleXion, post: 1701192, member: 29012&quot;]No, I don&#039;t think most silver goes through the COMEX. However, they are (were?) the price setting mechanism for most everybody else, therefore if they don&#039;t have the metal they lose that ability, which is key. If they have to go buy it on the open market they are paying a hefty premium compared to the price they purport, and thus the physical market takes over their price setting control in that case even without an overall shortage. It&#039;s not a matter of causing a silver shortage. It&#039;s about removing the price monopoly they have so that the silver which is out there, and is plentiful, can actually function in the market based on real supply and demand instead of smoke and mirrors, so instead of it being hoarded it can exchange hands freely, many of which will not let it on the market at current prices. Until then, those of us who feel the price is being set unfairly will continue buy it up and put more pressure on the exchanges. </p><p><br /></p><p>I have been buying silver, at $28, $27, $26, $25, and $24... I mean $30, $29, $29, $29, and $29.[/QUOTE]</p><p><br /></p>

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