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  1. #1
    Witness Protection Reject rondog's Avatar
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    Quote Originally Posted by roberth View Post
    will the sudden uptick hold?
    No way to predict that, but who knows? People have been predicting for years that all Hell could break loose in silver anytime. This pullback could be an excellent opportunity, or it may languish longer. Many believe silver's being illegally suppressed by BIG money players who are using it to generate huge amounts of cash.

    There's supposedly far more silver traded on the futures market than there is produced every year, so there's supposedly a supply/demand deficit. There's a lot of analysts saying there's not enough supply to meet the demands, yet the price is way too low. I just wish I had the means to load up on it while it's down right now.
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  2. #2
    CO-AR's Secret Jedi roberth's Avatar
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    Quote Originally Posted by rondog View Post
    /snip

    There's supposedly far more silver traded on the futures market than there is produced every year, so there's supposedly a supply/demand deficit. There's a lot of analysts saying there's not enough supply to meet the demands, yet the price is way too low. I just wish I had the means to load up on it while it's down right now.
    Paper vs physical. People sell paper shares of physical metals, selling the same ounces over and over again, wait til the paper holders try to collect on the physical metals.

    The banks are doing the same thing with financial instruments like the mortgage on your house.

  3. #3

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    Quote Originally Posted by rondog View Post
    I just wish I had the means to load up on it while it's down right now.
    ^This.
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