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Re: Silver 29.96
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Published: 14 years ago
This is a reply to # 1,734,344

Re: Silver 29.96

I remember when silver hit $ 50 back when the Hunts were involved. At the time, coin shops and dealers weren't paying anything near $ 50, the reason they told me was because of volatility and they didn't want to lose their butts if the market went down. So for each of the metals, when they hit a certain level, ordinary brokers might not be willing to pay what the metals are allegedly trading for on the exchanges.
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