Silver – What’s Left?

[webmaster]

Subject:Silver – What’s Left?
By: David Morgan, Silver Investor

Overview: As this article is being penned, the silver price as quoted by New York is in the $12.00 area. The amount of open interest for silver is 100,000 plus, which is almost 6 times as great as the entire dealer inventory. In monetary terms, 85,000,000 ounces at $12 per ounce, yields just over one billion dollars, or in terms of today’s financial parlance, about 1/700 of the amount Paulson just pushed through Congress for the latest “bailout.”

Link: http://news.silverseek.com/SilverInv...1223643641.php

[daman4455]

Likes of Mr. Morgan have been adequately answered by free market forces. They might have helped many silver investors to bleed more.

If equities melt down, it is described as natural and if PMs break down it is unnatural or at the instance of administration.How such people boast and continue to make tall claims while their readers bleed is beyond any comprehension.

Truth has been that all these few years an internet frenzy was built up to incite many to take on any assets be it financial, housing, commodities in a manner which was certainly untenable and unsustainable. They all had to fall on some day. The days have come now.

Investors will be much safer applying basics while investing money.Our hard earned money deserves some respect.

[valerb@bellsouth.net]

Many of the Silver Analyst have said Silver and gold will take a serious beating in the short run as the real gamblers in the paper metals market are forced out to cover their ass for one reason or another. Some have even predicted that we could see Silver back as low as $5 or $6 if the market falls fast enough, but only for a very short period of time and then it should take off like a rocket as investors pour whatever money they have left into PM. That's their predictions, not mine. I just read their articles and try to follow their logic. Some present very good arguments and many others are always hyping up PM no matter what the market is doing. What I don't understand is this common logic of buying on the dips. If you really believe the market is going to keep going up, why would you keep buying in chunks at ever higher prices versus just buying a large stake at the current price. They call it price averaging, if the price keeps going up, so does your average. I bought all I could years ago when the market was stable and cheap or I should really say, I bought all my wife would allow me to buy!