The Silver Analyst

Predicting the Silver Top

Yes, we still need to see total net commercial short positions to reduce before we can say "capitulation". But they can't hold out for too long.

Silver Now Outperforming Gold

EE, I have read Butler extensively. No need to check out the top shorts. The net commercial short position which Butler USES as proof of a manipulation clearly declined months before the last spike in 2006. The top shorts may have tried to maintain their big short positions (proof?) but they were fighting against a tide of short covering.

Silver Now Outperforming Gold

I am not saying a blow off at $20, I said "$20 and beyond". You can forget about $200, that is years away and requires an inflation crisis similar to 1980 (which will come don't worry!).

Silver Now Outperforming Gold

Also remember the 16:1 ratio wa a government decree for centuries. Since WWII, 16:1 has only been touched twice.

Silver Now Outperforming Gold

Look at the charts for 2004 and 2006, run ups in silver cannot be sustained for anything but months! Don't hang onto the talismans of 1980, it is not written in the skies that silver MUST beat $50!