Falcon I agree with you entirely, was just putting it out there.
It's equally unsupportable that silvers price should have stayed so depressed for so long and not been affected by inflation.
The dutch tulip mania, was pure market bubble. Silver is different, there are plenty of logical reasons for a spike:
Rebalancing of the gold/silver ratio
Covering of shorts by banks
Flight to intrinsic worth in the face of rampant printing of money (QE2,3,4 etc)
Industrial usage
Finite quantity
Non-recyclable resource
and not to forget internet hype.
This bubble won't truly be ready to burst until the mainstream media starts reporting it and Joe Public want to buy in, here's hoping they do...
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