SILVER 0.30% $15.25 silver futures

garry wSorry I don't always respond straight away.I admit I only...

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    garry w

    Sorry I don't always respond straight away.

    I admit I only check the silver threads from time to time.

    My posts are based on having something of value to contribute although now I don't.

    As for not understanding the silver market, I know this much.

    ETF's are restricting silver to end users, as are other ETF's. Just as investor demand drove oil to ridiculous prices a couple of years ago, this is even more destructive in the long run.

    Whilst the market is rising this hoarding of silver adds to the upward price spiral.

    The opposite will be true on the downside. Once the tide turns, the flood of silver released will be like a tsunami, and price will fall like a stone once it gets going. Yes this is like the Hunt Bros cornering the market till they didn't.

    IS that now? Probably not, but it will happen IMO.

 
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