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Comment: Premiums often speak more than spot

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Cyril's picture

Premiums often speak more than spot

I read once**, and tend to agree with, that there is one thing no one can manipulate about any commodity where the base price is set/fixed with more or less bias on the major trade markets :

the premiums practiced by brokers and resellers "on the streets", outside the trade markets, precisely.

Those never lie whether it's increasing or decreasing demand trends.

** (will try to find the link)

"Cyril" pronounced "see real". I code stuff.


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