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<p>[QUOTE="medoraman, post: 1232067, member: 26302"]They are saying if silver manufacturers pull their inventory from other exchanges and sell in China that maybe the CHina market being higher would either pull other markets up or there would be higher prices in China than other world markets, and over time the Chinese price would become the true "market" price, either forcing other markets in line with new higher prices or simply closing down the other markets.</p><p><br /></p><p>I am not so sure that if people get what they want they will like it much. Lets say China's market becomes the market setter and its cash trades only. Who will be there to set the market and not allow huge fluctuations? They go down as well as up. Will there be big enough traders to soak up an additional 100 million ounce shipment the market is not expecting, or will the price simply drop $8 an ounce that day? Physical trading has a whole series of problems with it on its own, problems people ignore when they are advocating for it.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1232067, member: 26302"]They are saying if silver manufacturers pull their inventory from other exchanges and sell in China that maybe the CHina market being higher would either pull other markets up or there would be higher prices in China than other world markets, and over time the Chinese price would become the true "market" price, either forcing other markets in line with new higher prices or simply closing down the other markets. I am not so sure that if people get what they want they will like it much. Lets say China's market becomes the market setter and its cash trades only. Who will be there to set the market and not allow huge fluctuations? They go down as well as up. Will there be big enough traders to soak up an additional 100 million ounce shipment the market is not expecting, or will the price simply drop $8 an ounce that day? Physical trading has a whole series of problems with it on its own, problems people ignore when they are advocating for it. Chris[/QUOTE]
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