>shorting makes prices go up
>longing makes prices go down...
HOLYYYYYY SHIIIIIIIIT
They both drive up the price you stupid FUCK
I was telling my friends at a gathering a few months ago that I was investing in Gold and Silver and they laughed at me. We play D&D monthly, it's an almost 15 year tradition with some friends, some from high school. I brought in a sovereign as an example of what a D&D gold piece would look like. Some old rule book put 50 coins per lb. and my math said a sov was damn close.
I mentioned I stack, just in case of inflation and as a hedge.
"You sound like my crazy mother, 'Can't trust the government, the sky is falling'. You should invest in stocks instead."
I told them I DO invest in stocks, but half of my investments go into metals. Again, chuckles and condescension. I took it with good humor. I'm really looking forward to our next get together!
so if we would consume silver like weed the price would shoot up
>if you short a low volume market you liquidate yourself by pushing the price up
you realise that when a short liquidates, the broker buys back the underlying asset, yes?
so taking out a short, AND liquidating a short, all push up price?
how can the economics oriented part of your brain possibly think that this is the case
What's the best way to unload my PM stash? I mostly bought from an accredited dealer but I now realise what a scam it is (high spread and premium). I reckon I have to find a willing buyer and do a private transaction? What precautions do I need to take if I were to buy/sell. How should I go about finding a buyer/seller? I don't really know if I should trust Ebay.
If you don't hold it, you don't own it.
>mfw I realize that recovering metals from asteroids is the same thing as an Exterminatus orbital bombardment
I'm too poor to buy silver coins or bars, is there a point to trying to buy old stuff I'm pretty certain is made with silver for cheap or is that worthless because the exact amount of silver is unknow even if it is silver?
Yes as we all know, towing mining/ refining etc gear to space and mining there, then having enough delta v for the re-entry, is better than just digging it out of the ground