I saw silver as a long term investment a few years ago and bought physical at $12 per oz. I'm holding till it goes to 3 figures. No leverage means no pressure to sell.
The fundamentals are unchanged, its only the timing of the paper manipulation that we can't predict. Silver is still becoming a scarce metal and it is still a very useful industrial metal, in fact it is essential for modern technology.
Maybe a low silver price will be a signal for the banks to switch from short to long - but that is only speculation.
Maybe the physical market will dissconnect from the paper price?
I saw silver as a long term investment a few years ago and...
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