Message:

<p>[QUOTE=&quot;Cloudsweeper99, post: 1587313, member: 3011&quot;]I find it useful to think of silver in three dimensions.</p><p>- The market price for whatever you are buying</p><p>- The spot price / melt value </p><p>- The intrinsic value which is something slightly above the cost of production</p><p><br /></p><p>This breakdown avoids the error of thinking that price=value, and avoids the error of thinking that the current spot price = value.&nbsp; Market price and spot price are exactly that -- current market prices.&nbsp; Intrinsic value is something different to me, and is the amount which PMs are unlikely to go and stay because it becomes economically unfeasible to produce them.&nbsp; But everyone can define it anyway they want.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in