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Omar8

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Omar8

Re: AlwaysRed post# 35997

Tuesday, 12/05/2023 5:09:19 AM

Tuesday, December 05, 2023 5:09:19 AM

Post# of 36487
Alwaysred,


"If those contracts 1 year ago when the price of silver was 23.50 they are losing 1 dollar per ounce. So that would be over 10 MILLION dollars at the current 24.50 price. It would have been a 20 million dollar loss Friday at 25.50. LOL

So do they get the price back to last years price where the metal was contracted?:"


If we don't know the price of last year how would we know they will get the price to that level ?
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