Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Silver bullion supplies remain tight in the physical market
>
Reply to Thread
Message:
<p>[QUOTE="NorthKorea, post: 1687858, member: 29643"]May is in two and a half weeks, is it not?</p><p><br /></p><p>I can't see metals dropping another 27% (to $20/tr oz) in that time frame, and I think that would be the key investor psychology point at which the masses would line up to sell their silver at $27 per tr oz. Unless I'm misunderstanding the use of the term "folks" in this context.</p><p><br /></p><p>Remember, the reason for silver prices languishing for a decade after the Hunt manipulation was, at least in part, due to stores stockpiling during the run-up, not during the fall.</p><p><br /></p><p>Those who "invest" in PMs tend to possess the "never sell at a loss" mentality. Those who "trade" in PMs usually buy the paper asset, which offers more liquidity. As a part of that liquidity, you're typically not allowed to fill non-market orders at significantly above spot.</p><p><br /></p><p>Another thing to consider, if silver drops to, say $24 / tr oz, it's entirely possible no one will sell. After all, those holding silver probably bought it for more than $27 / tr oz, and would be net buyers at $24. They would only sell at $27 with the assumption that they would acquire it back at $24. Economics generally prevents that, as the person buying at $27 will find it worthwhile to seek out prices closer to $24.[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 1687858, member: 29643"]May is in two and a half weeks, is it not? I can't see metals dropping another 27% (to $20/tr oz) in that time frame, and I think that would be the key investor psychology point at which the masses would line up to sell their silver at $27 per tr oz. Unless I'm misunderstanding the use of the term "folks" in this context. Remember, the reason for silver prices languishing for a decade after the Hunt manipulation was, at least in part, due to stores stockpiling during the run-up, not during the fall. Those who "invest" in PMs tend to possess the "never sell at a loss" mentality. Those who "trade" in PMs usually buy the paper asset, which offers more liquidity. As a part of that liquidity, you're typically not allowed to fill non-market orders at significantly above spot. Another thing to consider, if silver drops to, say $24 / tr oz, it's entirely possible no one will sell. After all, those holding silver probably bought it for more than $27 / tr oz, and would be net buyers at $24. They would only sell at $27 with the assumption that they would acquire it back at $24. Economics generally prevents that, as the person buying at $27 will find it worthwhile to seek out prices closer to $24.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Silver bullion supplies remain tight in the physical market
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...