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Pan American Silver Corp. Message Board

  • bubblenomics bubblenomics Aug 14, 2008 11:34 PM Flag

    How in the hell can silver be 12.00 when

    you can't even buy it? This paper farce will end badly.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I have 2 aNSWERS. YOU CANT BUY IT BUT YOU CAN SELL IT. In fact, this is how the hunt brothers who jacked up silver to $50 an ounce got crushed. They were ahead over 3 billion and the #1- exchange members were short so they just halted all buying. Just like that! And said you can only liquidate. maybe thats what is coming again. Hasnt the commodity markets alwasys been plagued with manipilation? Also...

      All I can say is you can learn a valuable lesson here as I am long silver too. That is.................#2-.anything can happpen(and eventually will) if you live long enough. I am thinking of dumping my paas in case this is a huge meltdown thats happening now and maybe we can buy it back i9n the teens. We just dont know. This stock might close down 10% or more today. It aint closing in the black thats for sure.

    • Because the central banks can sell futures against it, this will be short lived downturn.

 
PAAS
9.87-0.36(-3.52%)Oct 30 4:00 PMEDT

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