SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Silver prices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark Bartlett who wrote (340)12/26/1997 2:40:00 PM
From: Jim Ilchyshn  Read Replies (1) of 8010
 
Mark,
The commercials are the ones that actually use the product or sell the product. As in silver it would be the Kodak's, the jewellers, the mining companies etc. But just like when the Hunt's cornered the market, they really didn't have a need for the product, they just saw an opportunity to make those who needed the product pay more for it.
As for being short, if they do really need the product, they will have to pay more for it by covering their shorts.
Just bought two more contracts today... hope it works out!
Good luck,
- Jim.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News