Sean, this is something I can't wrap my head around as a silver stacker. If we know silver is not priced appropriately, then the mines and distributors must know as well. Then, why do the mines and distributors continue to play the game? Why sell an asset way below it's value? Why not just hoard the Silver and not sell until they get a price they feel is appropriate?
You are viewing a single comment's thread from:
Hey ws, I have asked Keith Neumeyer the same question and he told me the miners who are actually pulling metal out of the ground have their hands tied b/c they have payroll to meet and all of the financial burdens associated with this expensive industry. If they don't sell the metal the pull out, they can't pay their bills - the criminal bankers have em by the balls. Something that anyone with a credit card or a mortgage can relate to. Thanks for commenting. ~S