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<p>[QUOTE="Rono, post: 1050762, member: 6492"]Howdy,</p><p> </p><p>There's also a lot of chatter about more and more traders turning into buyers by demanding delivery of paper silver contracts. Coupled with industrial demand and the quiet mania happening around the world, the folks that are short are getting squeezed. There's quite a lot of belief that some of the big banks like JPM and GS have enormous short positions and are starting to feel the pressure.</p><p> </p><p>Don't know how true and I'm not much of a conspiracy type. feh. If I can manipulate the market to my advantage I'm all over it. Nothing conspiratorical about it - just plain vanilla self-interest. </p><p> </p><p>The nut? Take physical delivery and keeping accumulating. Cripes, I was buying silver under $5 and remember a roll of eagles from Paul Sims that cost me under $100 delivered. I figure I can buy this year's roll for $600 if I'm lucky.</p><p> </p><p>peace,</p><p> </p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 1050762, member: 6492"]Howdy, There's also a lot of chatter about more and more traders turning into buyers by demanding delivery of paper silver contracts. Coupled with industrial demand and the quiet mania happening around the world, the folks that are short are getting squeezed. There's quite a lot of belief that some of the big banks like JPM and GS have enormous short positions and are starting to feel the pressure. Don't know how true and I'm not much of a conspiracy type. feh. If I can manipulate the market to my advantage I'm all over it. Nothing conspiratorical about it - just plain vanilla self-interest. The nut? Take physical delivery and keeping accumulating. Cripes, I was buying silver under $5 and remember a roll of eagles from Paul Sims that cost me under $100 delivered. I figure I can buy this year's roll for $600 if I'm lucky. peace, rono[/QUOTE]
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