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<p>[QUOTE=&quot;vegasvic, post: 422773, member: 15296&quot;]The drop few price in silver is not fueled by collector&#039;s.&nbsp; But, by Wall Street, they buy the leases on silver and the commodoties futures.&nbsp; If they are jumping out of their higher priced contracts and buying future lower priced contracts, spot will decline.&nbsp; Remember, very few of these corps take delivery of the actual silver, but buy and sell the contracts as they rise and fall in value.&nbsp; It is possible in the hedge fund market to trade silver futures vs. oil futures or dollar futures.&nbsp; Just about anything.</p><p>No collector or dealer can influence gold or silver.&nbsp; Everyone is but a drop in the bucket.&nbsp; However, if you were to purchase Dec silver at $15 an oz, that may be large enough to move it a few cents.&nbsp; Just recently, an ETF, Electronic Trading Fund bought a future on $8 billion worth of silver.&nbsp; They hedged in downward and that is what we are seeing.&nbsp; </p><p>You can make money on gold or silver going up OR down, just as in stocks, where you can buy or&nbsp; sell puts and calls.&nbsp;&nbsp; If you buy a put and the stock drops, you make money.&nbsp; You buy a put and stock rises you lose money, however it is possible to sell the call or put before delivery date.</p><p>It&#039;s all very complicated, and although I have an MBA the young Wall Street whizzes, can reveal for the dinosour I am.</p><p>Vegas Vic[/QUOTE]</p><p><br /></p>

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