High Premiums on Silver? Better to Buy Gold [View article]
I'm not saying iwhich is the case for sure , but the above responses disagree with the premise of which entity represents the true price of silver without any explanatory counter analysis.
It would be incumbent to explain away the premise that there is a shortage of smaller minted silver entities to counter the argument that Comex is the correct value.
If you cant do so, then it's just opinion as to whether the Comex or the cash market
represents the true price.
Poisunelly , I'm waiting to see how much physical offtake there is from the Comex on the Dec. 08 , and the March 09 delivery months-
No way the true price is double the Comex price and savvy investors of the larger variety are not going to glom up the silver at half price via inexpensive Comex delivery.
So lets let the market tell us who's right -
If nobody takes delivery , it would be hard to argue that the high premium prices are for real , and not just due to the fabrication supply/demand imbalance.
If silver flies out of Comex inventory faster than a speeding bullet , then we've been looking at an artificially depressed Comex price , and that would then be hard to argue against.
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I'm not saying iwhich is the case for sure , but the above responses disagree with the premise of which entity represents the true price of silver without any explanatory
Dec 02 10:17 am
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All Comments by waldipup »High Premiums on Silver? Better to Buy Gold [View article]
counter analysis.
It would be incumbent to explain away the premise that there is a shortage of smaller minted silver entities to counter the argument that Comex is the correct value.
If you cant do so, then it's just opinion as to whether the Comex or the cash market
represents the true price.
Poisunelly , I'm waiting to see how much physical offtake there is from the Comex on the Dec. 08 , and the March 09 delivery months-
No way the true price is double the Comex price and savvy investors of the larger variety are not going to glom up the silver at half price via inexpensive Comex delivery.
So lets let the market tell us who's right -
If nobody takes delivery , it would be hard to argue that the high premium prices are for real , and not just due to the fabrication supply/demand
imbalance.
If silver flies out of Comex inventory faster than a speeding bullet , then we've been looking at an artificially depressed Comex price , and that would then be hard to argue against.