Interesting discussion here. I think a lot of people have now realised Au and Ag are the assets to hold for wealth preservation.
I think even institutions have now secretly admitted defeat in holding the Ag price down.
Always watch what the big guys do. Are they shorting? Not that I know of!
And one other thing, I have been using CFDs to position myself with the greatest leverage. Guess what? CMC Markets have increased the margin from 1% to 5%! Which only means one thing, they (the house) are losing money! Now guess what they think will happen?
Also, if anyone here knows which CFD provider allows spot silver at 1% margin please let me know.
I'm not worried about a 20% correction at all. I'm already many times free-carried like many silver bulls who have identified the trend earlier on.