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<p>[QUOTE=&quot;Cloudsweeper99, post: 828285, member: 3011&quot;]Just to be more clear, I agree that there was a lot of selling.&nbsp; But most if it was at the $10, $15, and $20 level, not at the spike level.&nbsp; The $50 price lasted for a very brief moment in time, and most dealers were paying substantially less than that because the smelters had all the inventory they could handle.&nbsp; The $50 price was really a futures market price, and the general public didn&#039;t realize anything close to that amount.&nbsp; I sometimes wonder if the lack of another &quot;big melt&quot; in silver at today&#039;s prices is due to the fact that most of the scrap silver that people had around the house was melted in 1979 and never replaced.[/QUOTE]</p><p><br /></p>

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