You are ignoring the huge illegal short position of the few concentrated banks which may be just JPM. The move to correct illegal futures manipulations by the SEC could release info at any time that would extend silver & gold much higher. However, the right thing to do would collapse JPM and the treasury will try to prevent that. So only 1/2 way measures will likely be done, but silver is primed for a surprise up move at any time. You guessed it, I follow Ted Butler. You can read him at investmenrarities.com The silver spot trade has been a $16-$18 range and I figure a pop to $18-$20 is the next range before the big bang up. If silver drops as you think, and your points are valid, it is a buying opportunity that won't last long.
The Case for Dumping Dollars, Buying Gold [View article]
That is why silver is better than gold by far. Go to investmentrarities.com and read Butler and others stating the case. Its better than any story on TV and you can save your cookies plus increase your wealth instead of just maintain it with gold. Hi HO silver. If you are not in resources you will soon be on food stamps as the $ is probably going to lose at least 70% more from here and then be replaced 1000 for 1 Amero or such. The USA is cooked because Bush & Obama didn't understand the big crooked banks should have failed. We would actually then be recovering now instead of ready to fall over another higher cliff.
Hi folks, Please read Butler at butlerresearch.com INFLATION is just getting started since M3 has grown at 15%+ the last 9 YEARS OR SO. Gold is not rare, but silver is and has many industrial uses. Gold & Silver are both manipulated buy huge concentrated short positions to low price levels. The silver manipulation will end first due to current short supply and industrial demand. When investor demand increases in this tiny silver market it will far out perform gold which will still be manipulated below the correct price. When you buy these metals, take delivery, as allocated programs are increasingly headed to defaults. Butler explains why. Take a bunch of time to understand! Also, sign up and resister for Hommel's silverstockreport.com If you don't study these sites in detail you are clueless as to silver & gold,
Silver Prices Are About to Fall [View article]
The Case for Dumping Dollars, Buying Gold [View article]
If This Comes True, You'll Be Glad You Own Gold & Silver [View article]
Why I'm Still Holding Onto Gold [View article]