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Silver Lease Rates are Negative again.
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<p>[QUOTE="medoraman, post: 1379709, member: 26302"]Fair enough post sir. Like I said, I was not directing the comment at you. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Sorry if I post these warnings, I just seem to get frazzled by the general "its their fault I am not a millionaire holding my 100 ounces of silver" attitude of many posts. Leverage works both ways, and many refuse to accept that buying on margin is just as much a market manipulation as short selling, and much selling is needed simply to offset the margin buys on the other side. So many simply point to selling as proof "the man" is keeping them down, and postulate someday "the man" will be forced to give up and silver will be $1000 an ounce. Its much more complicated than that, and a lot of very smart people decide every day whether to sell on this market, and if the price truly was out of line with reality, WHY would the miners, (who employ soem very bright people), sell? If the CME is $34 but you KNOW its worth $100, shame on you for selling at $34, right? The miners aren't stupid.</p><p><br /></p><p>Anyway, sorry for rant.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1379709, member: 26302"]Fair enough post sir. Like I said, I was not directing the comment at you. :) Sorry if I post these warnings, I just seem to get frazzled by the general "its their fault I am not a millionaire holding my 100 ounces of silver" attitude of many posts. Leverage works both ways, and many refuse to accept that buying on margin is just as much a market manipulation as short selling, and much selling is needed simply to offset the margin buys on the other side. So many simply point to selling as proof "the man" is keeping them down, and postulate someday "the man" will be forced to give up and silver will be $1000 an ounce. Its much more complicated than that, and a lot of very smart people decide every day whether to sell on this market, and if the price truly was out of line with reality, WHY would the miners, (who employ soem very bright people), sell? If the CME is $34 but you KNOW its worth $100, shame on you for selling at $34, right? The miners aren't stupid. Anyway, sorry for rant. Chris[/QUOTE]
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