Twinturf, the same economic fundamental argument which has pundits assuring investors about silvers continued rise simply echoes those of the early 1980s - near the all-time high of $50/oz (as per my previous post).
Gold & silver bulls are also investing based upon inflationary expectations and supposed currency debasing. But in reality there is no real inflation in the US, UK, Japan or Europe and currency values are merely relative (ie. if the euro tanks the US dollar will soar - and that would lead to a further sell off in stocks & commodities).
Meanwhile, extremely bullish sentiment readings suggest that the silver trade has become one-sided (as does the link below too). And the overwhelming number of gold & silver bulls, and especially the intensity of their opinion, indicates that they are indeed a herd - caught in the mood. So while history does not repeat - it sure does rhyme.
http://anewstory.org/cn.php
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Twinturf, the same economic fundamental argument which has...
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