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<p>[QUOTE=&quot;medoraman, post: 2235455, member: 26302&quot;]The downside will be broken if the pm market stays low. I think this is the second or third downturn in pm since I have been on CT, and in every one people jump on here saying &quot;the fake paper markets don&#039;t matter anymore, this is the end of the fake paper and physical pm will be worth much more&quot;, yada yada yada. A few months later when the basis reverts to normal they disappear. Basis increases in downward movements, and CAN decrease in upward ones, (dealers try no to though). It always takes a while for inventory to catch up and force premiums in line. Think about it. If just last year silver was $18, that is fresh in your memory and you are not happy to sell at $14. It either takes new inventory, or enough people to believe its not coming back and have to sell, to put enough inventory on the market that dealers are forced to lower premiums to make sales. Has worked this way for 40 years at least.[/QUOTE]</p><p><br /></p>

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