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Silver, a lot of selling....A lot of buying!

BearBear Posts: 18,953 ✭✭✭
in Precious Metals
Which will prevail, over the next 3-6 months?
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Comments

  • OnTheHuntOnTheHunt Posts: 201 ✭✭✭
    Don't they have to equal out?image

    Steve
  • BearBear Posts: 18,953 ✭✭✭
    No they do not. If, within a period of time, a lot more people sell their silver

    and a lot less people stop buying, then the price of silver will go down. Remember,

    it is the old law of Supply and demand. The middle men are the shock absorber. They

    supple silver in short supply from their reserves and store surplus silver when necessary.

    The active factor then becomes the price of silver based on demand or lack there of.
    There once was a place called
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  • ProofCollectionProofCollection Posts: 6,596 ✭✭✭✭✭
    For every seller this is a buyer, and for every buyer there is a seller. zero sum.

    http://ProofCollection.Net

  • BearBear Posts: 18,953 ✭✭✭
    If it is a zero sum game, how come the price of silver fluctuates?
    There once was a place called
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  • TJM965TJM965 Posts: 446 ✭✭✭


    Because sometimes you get what you want for your silver and sometimes you don't.image
  • derrybderryb Posts: 37,274 ✭✭✭✭✭
    Sellers always equal buyers. More traders "wanting" to buy than traders "wanting" to sell will drive the price up and vice versus.

    Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards

  • PerryHallPerryHall Posts: 46,526 ✭✭✭✭✭


    << <i>If it is a zero sum game, how come the price of silver fluctuates? >>



    Because supply and demand fluctuates.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • 57loaded57loaded Posts: 4,967 ✭✭✭
    i wonder what amount of the junk (90% on down) is being sold by J6P, then smelted and refined...and resold in a more pure form? rather than being resold in the future?

  • BearBear Posts: 18,953 ✭✭✭
    The melting of 90% silver coins may eventually

    change the availability and rarity of

    some coins in G to F grades.
    There once was a place called
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