Doq Holliday
@doqholliday
31 January, 09:50
From APMEX:
Any Precious Metal dealer will take a long position in the futures market to protect against spot price exposure when the markets open. We do this because it is our goal not to take a speculative position on metal. The weekends are unique as we are not able to real-time hedge our position. We took an aggressive position this weekend, but clearly could not have predicted the volumes that were seen. We have partnerships around to world that allowed us to cover these long positions, but only to a point. Once we exceeded our comfort levels, we had little choice but to stop the sale
Any Precious Metal dealer will take a long position in the futures market to protect against spot price exposure when the markets open. We do this because it is our goal not to take a speculative position on metal. The weekends are unique as we are not able to real-time hedge our position. We took an aggressive position this weekend, but clearly could not have predicted the volumes that were seen. We have partnerships around to world that allowed us to cover these long positions, but only to a point. Once we exceeded our comfort levels, we had little choice but to stop the sale
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I just dropped $1000 into silver... Lets make this happen
10:56 PM - Jan 31, 2021
In response Doq Holliday to his Publication
Only people mentioned by OptimusTitan6868 in this post can reply
TheBest isYet2Come
@Candidiam17
31 January, 11:21
In response Optimus Titan to his Publication
#ditto !
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RealTexan Patriot
@RealTexanPatriot
01 February, 01:30
In response TheBest isYet2Come to her Publication
RealTexan Patriot
!!!!!!! BEWARE OF SILVER TALK !!!!!!! CITADEL IS THE 5TH LARGEST OWNER OF SLV, IT'S IMPERATIVE WE DO NOT "SQUEEZE" IT. THESE ARE HEDGE FUNDS BOTS SPAMM
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