is it any wonder, page-9

Interesting post Woteva, you put forward a negative argument and then proceed to show a chart that shows bullish divergences on the technicals.

You argue that the price collapsed because there was no buyers... on the contrary, there was plenty of buying but also sellers willing to sell at the bid, eg. the sellers were more aggressive. Now if you could please present a daily chart of the silver price and then mark the days when the Metals Exchange announced margin hikes and mark the days when they were implemented - we'll likely see a very interesting phenomenon.

You make the mistake that agrarian cultures save in paper currencies. They don't build a stash a cash and then splurge on gold and silver... they accumulate their savings in gold and silver. Many agrarians don't even have cash incomes, as the cash doesn't serve any meaningful purpose - if you now convert the savings into cash of these supposedly 'poor' people, you'll find they have a lot more in savings than say supposedly 'rich' people in Australia.