Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Silver Spot $24, Supplies Down, What Gives?
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 7340070, member: 26302"]What many who talk about "manipulation" do not understand is that "spot" prices are real. If you can afford it, you can pay up front for a contract in total and take delivery. Most major players do not, but physical delivery is how they make this a "real" market, if its truly manipulated down call their bluff and buy a contract and take delivery. The major money is at the contract level, physical coins truly are the minnows. </p><p><br /></p><p>Be careful. Back in 2011 everyone was saying the same thing, "we might not have 4 years left". Maybe we won't, but every other similar situation I have been through we did. Investing scared is usually a recipe for disaster. Getting into a PM position should be a decades long proposition. I have slowly built up my position over 30+ years, sidestepping times like this, but buying when its boring. I am not a fan of what is going on in DC either, but an unwilling to pay the premiums demanded today. I understand I have the luxury of having a position in place, but do intend to add to it when everything calms down and prices retreat, which they almost always do.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 7340070, member: 26302"]What many who talk about "manipulation" do not understand is that "spot" prices are real. If you can afford it, you can pay up front for a contract in total and take delivery. Most major players do not, but physical delivery is how they make this a "real" market, if its truly manipulated down call their bluff and buy a contract and take delivery. The major money is at the contract level, physical coins truly are the minnows. Be careful. Back in 2011 everyone was saying the same thing, "we might not have 4 years left". Maybe we won't, but every other similar situation I have been through we did. Investing scared is usually a recipe for disaster. Getting into a PM position should be a decades long proposition. I have slowly built up my position over 30+ years, sidestepping times like this, but buying when its boring. I am not a fan of what is going on in DC either, but an unwilling to pay the premiums demanded today. I understand I have the luxury of having a position in place, but do intend to add to it when everything calms down and prices retreat, which they almost always do.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Silver Spot $24, Supplies Down, What Gives?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...