Quote Originally Posted by Ososis View Post
Not sure I agree, but I’ll fox with ya. Assuming your ranges are correct, he is putting the market value at 4, with an implied value of 3. This post is another clear attempt to drive down silver value with bullshit.
I agree with you. What I meant by not unreasonable amount is not one that is completely outside the bounds of reason and unsupported by market trends, and my argument was that 4 is in the ballpark. Since he is a buyer in a market where sellers outnumber him, his price sets the market, at least for that sale and time. So his offering price is actually the rate his is willing to buy at (4 per).