OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Farmboy – this stuck out to me

Posted by Buygold @ 18:33 on April 28, 2017  

“However, the volume of silver ounces transferred daily increased 18.4% to 203.2 million. The corresponding value transferred rose 16.5% to $3.57 billion. The number of daily transfers rose by 8.2% to 924, with the clearers settling on average 219,799 ounces per transfer, up of 29% compared to the previous month.”

So how does volume and transfers increase – and prices decrease – unless the transfer’s are all sellers of phyzz? In that case, if every trader was looking to unload phyzz, shouldn’t the price be much lower? How many daily transfers were settled in cash?

Farmboy, please stop hurting what’s left of my brain!


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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.