I would pay a higher price for silver if I expect other prices, including those of silvers production, to rise. That doesnt have to be insider knowledge, just knowledge, for ex, if you read that a central bank produces 500 dollars, and there are 500 dollars in circulation, and economical production stays, then prices can be expected to double. What would make me pay less for silver? I don't know. If I encounter some1 that is willing to sell me silver for todays price minus $10, I'd say thank you very much for this very friendly price that is almost charity Sir. If I can ever do something back in the future, let me know! Why would I decide to buy something that would drop in price after I paid? NOT! If I know a price would drop, why on earth would I buy now instead of waiting? I can (again) only think of one case: charity, lol.
Well Silver's up today. Only another 17% to go before it gets to where it was this time last year ! All those charitable donations to bullion dealers over the last 12 months must bring a warm inner glow eh ? S.
expectation is not knowledge, more a conclusion drawn from ones own speculation. And, if the price of Silver rises along with everything else, is there actually any gain in real terms. If everything goes up, your still in the same place relatively speaking. Sent from my phone, I can't see previous posts while I'm typing this ( so no smileys )
