|
Sask | The system is designed with the tools to do exactly that - create crashes. Controlling contracts with margin, executing trades in 0.05seconds and 300 paper claims to one actual unit are nothing to do with price discovery or supply and demand. Imagine if you sold title to your house to 10 other people - how would that play out? Yet our markets are set up to do that as a matter of basic operation.
So, the question isn't whether or not any given commodity will stay at a highly elevated number, the questions are how much higher it will go and how low will it be when the tools of the system are put to use to bring it down.
Saying silver is going lower at some point is not evidence that guy knows markets extremely well.
The people who run the house make the rules. Changing the rules mid game because they say the price is too high is another example of not free markets. And the house can change the rules a few more ways yet.
So yes, I will say silver can cross $80 yet, and likely higher. But I won't say that is the new norm and will never go down. The game here is to place your bets on what the 5 year average price will be when it does come down if you think it will be $25, $35, $55 then play the game accordingly.
And yes, the game is always changing. There is a new house in town to play in, you may see players move to Shanghai Exchange. I don't know, I don't play the game to that level. I also see players avoiding the house in other ways, I saw Samsung made a deal with Silver Storm to buy their production and totally avoid the house called Comex. I see that as a new alternative or how things can be "different this time". Silver Storm was on my radar so finally bought a little last week. If silver new norm is $70 then maybe not a smart buy, but if it goes to $40 for a couple years it probably is a good purchase to capture how the game can be changing.
But if someone starts with the premise we have free markets driven by supply and demand, then they are starting from a serious disadvantage in figuring out a plan for what the next 2 years may look like.
Edited by 69Cat 12/23/2025 08:45
| |
|