TSXV:SLX.P - Post by User
Comment by
farshooteron May 04, 2011 11:08am
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Post# 18528639
RE: RE: Standing for Delivery....
RE: RE: Standing for Delivery....The futures exchanges our supposed to be about price discovery and hedging. That's what we are taught in finance 101 class. Of course, there is never any mention that these exchanges are run by a bankster mafia.
Anyways ... regarding delivery ... speculators are in simply in for the cash profits. I doubt they even know the difference between sterling and fine silver.
Hedgers, like silver miners or manufacturers,who use silver, do simply that -- hedge ... either to protect profits or fix future costs.
Regarding delivery ... even if you knew that the shorters (or Comex) do not have the physical, is it worth the risk of default? Because if there is no physical and default occurs, who is to say you, as a long, will ever get compensated? You ever try collecting from the mafia?