If people buy bullion as an investment and bought at the high, yes they're are down - now. But if someone buys bullion as a security if shit hits the roof these people don't care about todays price or tomorrows price. But keep their gold or silver just in case if it's needed. That latter is the reason why I own bullion and I care less if I never sell it.
Most buyers of gold and silver bullion aren't doing it for a quick flip. I think most bullion buyers (myself included) are thinking in terms of years and decades. Not days and months. Only a huge parabolic move to the upside will get us selling some of it. JMHO.
agreed, I don't think the chinese and india's appetite for commodaties are full yet. Look at them as america in 1946 all the way to now. We sure didn't stop using them, what makes you think they will. they are playing catch up. Silver is in short supply and so is lead.