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<p>[QUOTE="silverfool, post: 1929921, member: 34997"]they still need some kind of benchmark price for the people who actually use large amounts of the physical metal. that's what the London fix was for. some have suggested the CME could take over, just pick a time of day and that's the price for physical for the day. the futures markets could still change their prices every second for paper metal contracts.[/QUOTE]</p><p><br /></p>
[QUOTE="silverfool, post: 1929921, member: 34997"]they still need some kind of benchmark price for the people who actually use large amounts of the physical metal. that's what the London fix was for. some have suggested the CME could take over, just pick a time of day and that's the price for physical for the day. the futures markets could still change their prices every second for paper metal contracts.[/QUOTE]
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