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TheLonger Term Implications of Basel III (January 2013) - Gold's Triumphant Return?
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<p>[QUOTE="medoraman, post: 1605776, member: 26302"]I would agree with you Cloud, (and I agree with Inflexion as well). </p><p><br /></p><p>Problem is, without leverage you will simply have a very illiquid market. Illiquid markets are terribly volatile. Most buyers and sellers of a commodity, (actual buyers and sellers), want stability and liquidity above nearly everything else. Yes, buyers want cheap prices while sellers want high prices, but BOTH want stability and liquidity. Without leverage both on the selling AND the buying side, its simply impossible to achieve this in a market.</p><p><br /></p><p>But, that does not change my wish that I wish it COULD BE true. If I could wave a wand and make it happen I would this instant, IF I could also have the liquidity and lower volatility we see today as well.</p><p><br /></p><p>I kind of view it like democracy, the worst form of government except every other form. Today's silver market to me is the worst market type except for any other type.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1605776, member: 26302"]I would agree with you Cloud, (and I agree with Inflexion as well). Problem is, without leverage you will simply have a very illiquid market. Illiquid markets are terribly volatile. Most buyers and sellers of a commodity, (actual buyers and sellers), want stability and liquidity above nearly everything else. Yes, buyers want cheap prices while sellers want high prices, but BOTH want stability and liquidity. Without leverage both on the selling AND the buying side, its simply impossible to achieve this in a market. But, that does not change my wish that I wish it COULD BE true. If I could wave a wand and make it happen I would this instant, IF I could also have the liquidity and lower volatility we see today as well. I kind of view it like democracy, the worst form of government except every other form. Today's silver market to me is the worst market type except for any other type.[/QUOTE]
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