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<p>[QUOTE=&quot;InfleXion, post: 1457492, member: 29012&quot;]I am loosely familiar with the history of the Chicago Butter and Egg Board, why it was necessary for price stability, and how it was of benefit to people. You don&#039;t know what the price will be down the line, but you need to be able to forecast. That part makes perfect sense. However, with the advent of derivatives that usefulness has been warped, and as evidenced by MF Global it no longer serves the best interest of its customers. I do not have a perfect solution, I am merely pointing out that this function is no longer beneficial for the greater good. I really have no problem with a 1:1 ratio of physical to paper contracts. It is the leverage that I don&#039;t like. It not only skews market pricing by artificially increasing supply, but it also adds risk by order of magnitudes as banks must deleverage in order to cover their losses. If market stability is the goal then margin should be eradicated, not in the hands of a few unelected people who can change it to their advantage when they don&#039;t like where the price is going under the premise of stability when they in fact are solely responsible for the blowoffs in the silver market over the last few years. Sure creating assets out of thin air can prevent a market cornering, but it also prevents a free market. The give/take is not justifiable IMO. I dislike market cornering as much as anybody, but not as much as I dislike an unfair playing field.[/QUOTE]</p><p><br /></p>

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