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re: Anyone buying SLV?

Posted on 5/12/14 at 6:40 am to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10232 posts
Posted on 5/12/14 at 6:40 am to
Mining capacity goes up and down all the time. It's really mine specific and about their all in cost per oz. Also, a lot of times silver is a by product of other mines.

I actually think the smart money is back in PM's per the COT reports and COMEX withdrawals. Why is the question. Someone pick up the phone and call JPM, they're known to tell the truth.



This post was edited on 5/12/14 at 6:42 am
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 5/12/14 at 1:30 pm to
Perhaps you are right about the smart money. I won't try to fool anybody with predictions based on any knowledge but there is only one reason for this to happen and I hope you are wrong. The smart money may be headed that way but it is not there yet in my opinion. We shall see but I don't think the silver bear is leaving anytime soon. I do wonder how many times jpmorgan can sell the same silver bar before everyone catches on to what slv really is.
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