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Just to put 1,000,000 oz of silver into perspective........
If Mr. Buffett wants to dance in and out of the silver market........
He could very easily short 200 contracts against his physical at anytime to
lock in the profits and just deliver the silver to whomever is holding the
contracts when they expire......200 contracts represents
1,000,000 oz, but is nothing in a market that can trade 10,000 to 20,000
contracts per day. Mr. Buffett shorting 200 contracts wouldn't even cause a
blip in the price unless he took out a press release just before
execution....................
Tom Stein comfut@xxxxxxx
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