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<p>[QUOTE="medoraman, post: 1384989, member: 26302"]We can disagree on that point. I simply do not see how the current markets are cornerable, (which is the intent to begin with). I dislike any cornering, as it deprives the economy of proper price signals. Since a physical only market is cornerable, that is why I prefer the current markets.</p><p><br /></p><p>Again, if the current market prices were false, why isn't silver selling for $100 an ounce today? Why would the major producers sell on the exchange ever? That is my retort to those who say the market is artificially low. The producers know what the "street" price is, why wouldn't they go around the market and sell direct instead? Its the same with those who wish to believe a new Chinese market will show "the real value of silver". I simply believe the real value is the market long term, and most of the volatility has to do with oil prices, consumer sentiment, and industrial demand at certain price points. Maybe I am just naive.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1384989, member: 26302"]We can disagree on that point. I simply do not see how the current markets are cornerable, (which is the intent to begin with). I dislike any cornering, as it deprives the economy of proper price signals. Since a physical only market is cornerable, that is why I prefer the current markets. Again, if the current market prices were false, why isn't silver selling for $100 an ounce today? Why would the major producers sell on the exchange ever? That is my retort to those who say the market is artificially low. The producers know what the "street" price is, why wouldn't they go around the market and sell direct instead? Its the same with those who wish to believe a new Chinese market will show "the real value of silver". I simply believe the real value is the market long term, and most of the volatility has to do with oil prices, consumer sentiment, and industrial demand at certain price points. Maybe I am just naive.[/QUOTE]
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