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<p>[QUOTE="vpr, post: 1687091, member: 41554"]Those LCSs that are not selling clearly are so used to prices going up for the last decade or so. At some point, they'll need cash and will have to liquidate. And, LCSs and retail investors don't move the market. There won't be any shortage of retail bullion. Remember that every year, bullion is added to world supplies and hardly any is permanently destroyed. So, we will always have more physical bullion than the year before. Everyone is hoping for a quick move higher and I don't think it will happen. In a few months, when people start really questioning bullion as an investment, they will all liquidate. </p><p><br /></p><p>I sold a ton of ASEs to a local guy at $2 over spot when spot was around 32. We were chatting and when I said that I was expecting silver to go lower and he was shocked! He very strongly disagreed with me. He said, we'll see $50 in a couple of months. So glad I dumped it all then.[/QUOTE]</p><p><br /></p>
[QUOTE="vpr, post: 1687091, member: 41554"]Those LCSs that are not selling clearly are so used to prices going up for the last decade or so. At some point, they'll need cash and will have to liquidate. And, LCSs and retail investors don't move the market. There won't be any shortage of retail bullion. Remember that every year, bullion is added to world supplies and hardly any is permanently destroyed. So, we will always have more physical bullion than the year before. Everyone is hoping for a quick move higher and I don't think it will happen. In a few months, when people start really questioning bullion as an investment, they will all liquidate. I sold a ton of ASEs to a local guy at $2 over spot when spot was around 32. We were chatting and when I said that I was expecting silver to go lower and he was shocked! He very strongly disagreed with me. He said, we'll see $50 in a couple of months. So glad I dumped it all then.[/QUOTE]
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