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<p>[QUOTE="GDJMSP, post: 999606, member: 112"]Yes you can. But only when the seller is willing to accept your lower price. Same thing happens with metals as well.</p><p><br /></p><p><br /></p><p> </p><p>The price of silver, gold whatever is always quoted as a given number at any given moment. That number is the spot price. Bid is usually below the current spot - Ask is above the current spot. </p><p><br /></p><p>There's a reason for this. It's because the people Bidding typically think the spot is going to go down and the people Asking think it's going to go up. But at any given moment, just like with stocks, if a buyer suddenly decides that he is willing to change his mind he will agree to pay the Ask. Or - a sell can suddenly change his mind and agree to accept the current Bid - just like with stocks. </p><p><br /></p><p>Most people tend to base their decisions on their emotions at any given moment - so they change their minds rather often.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 999606, member: 112"]Yes you can. But only when the seller is willing to accept your lower price. Same thing happens with metals as well. The price of silver, gold whatever is always quoted as a given number at any given moment. That number is the spot price. Bid is usually below the current spot - Ask is above the current spot. There's a reason for this. It's because the people Bidding typically think the spot is going to go down and the people Asking think it's going to go up. But at any given moment, just like with stocks, if a buyer suddenly decides that he is willing to change his mind he will agree to pay the Ask. Or - a sell can suddenly change his mind and agree to accept the current Bid - just like with stocks. Most people tend to base their decisions on their emotions at any given moment - so they change their minds rather often.[/QUOTE]
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