Yes we know, the market brought us here, not the value of silver, the currency issues, the shortage of silver from coin shop to kitco, the 10% inventory compared to 30 years ago, the printing of endless fiat money, the bankruptcy of all nations suffocating under real estate derivatives world wide, the Chinese India burgeoning trade.
Nope, none of these things count, to include the rise in an ounce of silver from $8 to over $29.
Thanks. Good insights. But all those exists for a long time, and they would be able to keep silver price in a tide range $3-$5 for a long time. I guess people just realized what they have been doing, and start accumulationg silve. That is what bring us here i guess. Now the question is: could the banks continue thier tricks to supress silver price this time? We will see. I put all my investmentin silver for now. To me silver has been money for thsands of years. It could be back.