The Federal Government is a mob, we know that much. Mobs murder. Simple fact. They steal, lie, mame, kidnap, burn, and run illegal operations. Bush was behind 9/11. Obama is behind the Boston Bombing. The FBI knows this, they know terrorists profiles and these don't fit the typical profile. Watch Monday news.
May happen this week, looking at similar numbers as the previous breakout up to $50.
U.S. and Canada used to be number 1 and 2 in silver production, now 8 and 9. That shows the supply is dwindling.
While Silver may have been in a bubble in 2011 and has come down from that bubble territory, markets tend to have many bubble on its way to bigger bubbles. Markets never go straight up so that is why there are many smaller bubbles on the way higher. Do not get confused by a paid basher that probably has never traded in the markets ever.
While paid bashers come up with dozens of theories, let's not get confused by his general statements. Some traders do exit on every bounce because they are traders, not investors. Investors or Long term traders do not exit on every bounce, most stay in for overbought conditions. Never use a paid bashers statments for guidance.
It's true, manipulation only has short term effects, the market always returns to it's true value. Historical valuations put Silver around $100. Buying always increases when prices are lower, like now!
While Motley Fool believes it won't happen, we know the Government steals, lies, cheats and tricks us all the time so it isn't out of the question. They could tax it at a higher rate, or swipe your retirment account for a Government account and then borrow that money just like they do with Social Security. When desperate and panicking they will do something and Obama is the biggest #$%$ of all.