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<p>[QUOTE="SilverSurfer, post: 857859, member: 21603"]I see nothing wrong with that. Why should people with influence and money control the market, for silver or whatever. If the longs are pushed out because they don't have the money to pay for the metal...how is there position long? If you or I purchase PM we need our money up front. Who is buying silver long without the available cash? Who is shorting silver without the actual silver in supply? It isn't you or I.</p><p><br /></p><p>You comments are very contradictory. Here listen to yourself....</p><p><br /></p><p> It is more like "I can make a gazillion dollars over the next 30 days by shorting the heck out of the silver market because I know that the hedge funds on the long side will panic and sell when the price breaks support levels allowing me to cover at a profit." </p><p>I don't believe gold and silver prices are being consciously supressed as some suggest.<p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000">If that isn't consciously done, then what is it?</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">20 years ago, it was illegal to buy Krugerands, because of the Apartheid in South Africa. I believe that is why the ASE and AGE were introduced in 1986, so that people could still buy gold without having to get them from a country we didn't agree with. </span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">I'm trying to find the article that I read that shows that at the rate we mine and consume silver, it should be depleted by 2030. Of course, this doesn't take into account new silver mines being mined.....but who wants to mine in Somalia?</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="SilverSurfer, post: 857859, member: 21603"]I see nothing wrong with that. Why should people with influence and money control the market, for silver or whatever. If the longs are pushed out because they don't have the money to pay for the metal...how is there position long? If you or I purchase PM we need our money up front. Who is buying silver long without the available cash? Who is shorting silver without the actual silver in supply? It isn't you or I. You comments are very contradictory. Here listen to yourself.... It is more like "I can make a gazillion dollars over the next 30 days by shorting the heck out of the silver market because I know that the hedge funds on the long side will panic and sell when the price breaks support levels allowing me to cover at a profit." I don't believe gold and silver prices are being consciously supressed as some suggest.[LEFT][COLOR=#000000] If that isn't consciously done, then what is it? 20 years ago, it was illegal to buy Krugerands, because of the Apartheid in South Africa. I believe that is why the ASE and AGE were introduced in 1986, so that people could still buy gold without having to get them from a country we didn't agree with. I'm trying to find the article that I read that shows that at the rate we mine and consume silver, it should be depleted by 2030. Of course, this doesn't take into account new silver mines being mined.....but who wants to mine in Somalia? [/COLOR][/LEFT][/QUOTE]
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