"They have to allow the price of silver to rise from time to time so their miners can remain profitable.......If they don't allow the prices to rise from time to time the miners can't exist."
"They will keep control of the price when it gets to the channel they want it. There is no way they allow the price of silver rise to 50 or 100 dollars an ounce."
Very good questions, and what is that price ? How do you know $50 isn't that price for miners to remain profitable ?
There is something we can't forget. If the price of silver does get to and exceed $50 an oz, what will the products that require silver do? Yup, you got it, another round of higher, super inflated products
"But they still have to fill those contracts don't they?"
In July the silver price was mostly under $25.....you think we will see that or lower in the coming months ? Seems silver is moving strong and what if it doesn't get back to those last year prices ? They looked like they moved a lot back for this May......who knows what contracts are real or not ?
Would the price in the $30s hurt those who have obligations to those contracts ? What would play out if the price stays strong or even goes higher when July comes ?
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