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<p>[QUOTE="Clawcoins, post: 3175814, member: 77814"]It totally depends upon one's point of view So in a sense, Overall it's mixed.</p><p><br /></p><p>If you business model relies upon spot price and you bought earlier and spot has been trending down then you certainly do not like this market.</p><p>If you are a buyer, you love it basically.</p><p><br /></p><p>Current trend is down (which has been going on for years).</p><p>The current drop has this effect:</p><p>(a) stackers are enjoicing as they are in a buying frenzy;</p><p>(b) investors who have held for long periods of time where spot was way above current spot are cringing as they don't know whether to sell or hold.</p><p>(c) pure PM market investors have been dumping it in the last couple of months</p><p>(d) hedgers, are buying as they think it should only go up from here.</p><p>(e) you and me .. don't really care. but like the lower "spot" prices and hope that PM based coins go down in price to make them more affordable</p><p>(f) resellers that bought tons of ASEs earlier in the year at higher prices are cringing and pushing up premiums to cover that particular loss if they brought prices down.</p><p><br /></p><p>PMs will always have a value. What that value is, is for the future to determine. I remember buying St Gaudens AU at $440. Now? much more. The push from the $600 to last several years was mostly based on globalization. Now prices can be based on saturation theories.</p><p><br /></p><p>Marketing has a lot to do with it now. The amount of PM tokens/rounds etc has boomed lately. PM IRAs, marketing houses, etc</p><p><br /></p><p>we follow these trends and chat about them from time to time in the silver gets crushed thread.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3175814, member: 77814"]It totally depends upon one's point of view So in a sense, Overall it's mixed. If you business model relies upon spot price and you bought earlier and spot has been trending down then you certainly do not like this market. If you are a buyer, you love it basically. Current trend is down (which has been going on for years). The current drop has this effect: (a) stackers are enjoicing as they are in a buying frenzy; (b) investors who have held for long periods of time where spot was way above current spot are cringing as they don't know whether to sell or hold. (c) pure PM market investors have been dumping it in the last couple of months (d) hedgers, are buying as they think it should only go up from here. (e) you and me .. don't really care. but like the lower "spot" prices and hope that PM based coins go down in price to make them more affordable (f) resellers that bought tons of ASEs earlier in the year at higher prices are cringing and pushing up premiums to cover that particular loss if they brought prices down. PMs will always have a value. What that value is, is for the future to determine. I remember buying St Gaudens AU at $440. Now? much more. The push from the $600 to last several years was mostly based on globalization. Now prices can be based on saturation theories. Marketing has a lot to do with it now. The amount of PM tokens/rounds etc has boomed lately. PM IRAs, marketing houses, etc we follow these trends and chat about them from time to time in the silver gets crushed thread.[/QUOTE]
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