Yes, there was (and still is) a very large speculative element to the prices of a number of metals (copper and aluminium included) and the bubble burst. Which is not really suprising given that say major producers and users of copper were very seriously talking about abondoning the present system of exchange driven pricing and ditching LME.Originally Posted by battra92
But... very soon it may be thecase that most of the silver produced - and a good portion of silver already in metal form will be sitting in warehouses to cover various exhange raded funds and financial instruments that are traded on exchange, and as a side effect, making productive use of silver unncessarily expensive and cumbersome.


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