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Silver Lease Rates are Negative again.
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<p>[QUOTE="fatima, post: 1380559, member: 22143"]It doesn't mean they immediately succeed. Speculators will take their bluff and buy the shorts and then the shorts are forced to pay them money not to take physical delivery. (impossible to deliver leased gold). Other entities will actually take delivery of the metal and this causes a mad scramble to locate physical. This game of chicken goes on until one side gets scared and then it collapses. This is exactly what happened last year when silver ran up to ~$50. You can look at my post history where I warned that would happen. And it did. Silver people here scoffed at the time that we'd ever see $40 silver again let alone sub $30, but this is what happened. </p><p><br /></p><p>Anyone buying silver should try to make an attempt to understand how the price of silver is influenced. It's only your own money that you are going to lose.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1380559, member: 22143"]It doesn't mean they immediately succeed. Speculators will take their bluff and buy the shorts and then the shorts are forced to pay them money not to take physical delivery. (impossible to deliver leased gold). Other entities will actually take delivery of the metal and this causes a mad scramble to locate physical. This game of chicken goes on until one side gets scared and then it collapses. This is exactly what happened last year when silver ran up to ~$50. You can look at my post history where I warned that would happen. And it did. Silver people here scoffed at the time that we'd ever see $40 silver again let alone sub $30, but this is what happened. Anyone buying silver should try to make an attempt to understand how the price of silver is influenced. It's only your own money that you are going to lose.[/QUOTE]
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