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What is the correct price?

Posted: 06 Jan 2012, 13:00
by Rasta
OBI-Wan asked in a post (Dutch language) what the price of the metals is, especially if you can't rely on paper price anymore in the most rigged market of the planet.

Doubleyou here and OBI-Wan here came up with the answer that increasingly it will be the physical market that set the price. Large buyers who can't go to the market to get the physical, go to the miners. The price at the miners are a nice indication of the accurate price. Here an example of the miners selling their own production:

Webshop First Majestic Silver
Webshop Great Panther Silver