Message:

<p>[QUOTE=&quot;medoraman, post: 2476443, member: 26302&quot;]Coins are just one user of silver. I do not know of one mint who takes physical delivery from the COMEX, and by definition people buying and selling used coins do not affect the COMEX.</p><p><br /></p><p>Good, bad, or otherwise, coin collectors or small retail bullion buyers really do not affect the market. CEOs of solar panel manufacturers, state leaders mandating solar cells, large manufacturers of jewelry, as well as miner can affect it. Miners refusing to hedge production or manufacturers refusing to hedge demand may, but business leaders are pragmatists and need cash flow and certainty. Some call such futures markets a &quot;collection of liars&quot; since price will be a function of all of these participants BELIEFS in future pricing. Be that as it may, buy a coin at a retail store, (or 100), will not touch this market.</p><p><br /></p><p>The only reason this is important to understand is to not believe a shortage of junk silver or ASE&#039;s means the market MUST go up, or vice versa. The PM market truly does not move based upon small time investor availability to buy product. I include myself in this, though I am well above PeacePeople&#039;s 1000 ounce &quot;minimum&quot; silver holdings. I love silver, always have, but am also trained in markets as part of my job.[/QUOTE]</p><p><br /></p>

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