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dharmaeye

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Silver slap down and none available to buy?
March 22, 2008, 02:34:37 PM
Price of Silver got slapped down hard last few days and yet try to buy some at any major bullion seller.
This slap down is a paper event - hedge funds, futures ....
http://www.silverstockreport.com/2008/shortage.html?PrintFriendly

Hold ;D

 


Offline Paint Your Wagon

Price of Silver got slapped down hard last few days and yet try to buy some at any major bullion seller.
This slap down is a paper event - hedge funds, futures ....
http://www.silverstockreport.com/2008/shortage.html?PrintFriendly

Hold ;D

The only way you are going to get silver at this price is to buy a 1000 ounce contract and then insist on delivery with all the cost involved
or much cheaper buy it on ebay on auctions allready running
We all know this is a futures or options or options on futures gambit and that we will not get physical silver for that price for anything under 1000 ounces and even then the costs are so large like at least 10 percent that for all practical purposes silver is at least 10% above todays "spot" price
( Coincidenetly SPOT in flemish means ridicule  ;D )

Where I am going I ain't certain
Where I am going I don't know
All I know is that I'am on my way