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Silver Spot $24, Supplies Down, What Gives?
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<p>[QUOTE="GoldFinger1969, post: 7362928, member: 73489"]No, you made a good point. I just want people to realize it's not a rising or falling market that scares the regulators, it's the VOLATILITY of the move up or down that concerns them. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie4" alt=":mad:" unselectable="on" unselectable="on" /></p><p><br /></p><p>People think the regulators or banks or Wall Street have a vested interest in something going up or down. 99% of the time they could care less. They make money on sales and volatility. You bet on a move, it's like jumping in front of a bulldozer to pick up dimes. </p><p><br /></p><p>Bear Stearns said they wanted to be like a bookie, making money in up or down markets and leave the speculating to hedge funds, billionaires, etc. Ironically, Bear went down when THEY decided to speculate on mortgages. </p><p><br /></p><p>Disappointing to know people were putting their weekly savings into retail silver. Hope they bought some closer to $12-15 a few years later, at least.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 7362928, member: 73489"]No, you made a good point. I just want people to realize it's not a rising or falling market that scares the regulators, it's the VOLATILITY of the move up or down that concerns them. :mad: People think the regulators or banks or Wall Street have a vested interest in something going up or down. 99% of the time they could care less. They make money on sales and volatility. You bet on a move, it's like jumping in front of a bulldozer to pick up dimes. Bear Stearns said they wanted to be like a bookie, making money in up or down markets and leave the speculating to hedge funds, billionaires, etc. Ironically, Bear went down when THEY decided to speculate on mortgages. Disappointing to know people were putting their weekly savings into retail silver. Hope they bought some closer to $12-15 a few years later, at least.[/QUOTE]
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Silver Spot $24, Supplies Down, What Gives?
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