Mutha F'ing Time To buy The Dip in Silver. Fifty Dollars is the ultimate battle line for silver. It is the all time high from the Hunt Bros. time. Silver got to $49.75 on this last attempt b4 getting blasted lower in thin trade on electronic markets when other markets were closed.
When the amount of silver contracts trading on the Comex exchange in One Day is more than the total amount of silver being mined and refined in an entire year, you know things are getting completely out of control.
Is the silver ETF, SLV, a fraud? Is the entire ETF or the majority of SLV actually just fractional reserve paper silver? This is a theory that many smart people who have read the prospectus believe. Is the Comex running out of silver? Look at this chart and decide for yourself! This is one of the most unbelievably bullish charts for silver that you could ever see. It is a f***ing beauty to behold. If you think this is the end of the bull market in silver then you are out of your freaking mind. Silver is SCARCE. There is less silver available for investment than there is gold. Silver is the most volatile metal so you have to have a strong stomach to handle owning it and more particularly trading it. You can only get wiped out by trading paper silver. If you just buy physical silver and hold it, you will make lots of FIAT shit currency over time.