Rumours Of A Short Squeeze And Cornering Of Siliver Market

Itll be hard to get a panic sell off at this point,due to the fact that people are buying all the dips...so shaking the tree to loosen up all the weak hands is not working,as,the strong hands are grabbing everything in sight!!

I agree with this. Also, I don't think that enough emphasis is given to the fact that the dollar was very strong back in the early 1980s and the silver price spiked anyway. Yes, there were a lot of things going on back then but there usually are. Today is not a whole lot different in that regard. Today, the US dollar is VERY weak... and getting weaker by the day. Anyone want to invest in the DXY? The only people making money there are the shorts.

In the early days of the Euro, for example, it was set to par with the US dollar. That didn't last too long, though, and it soon slid to what the world currency market thought it was worth... about US $0.87. Today, it is worth US $1.46. That is about a 68% decline in dollar purchasing power vs. another fiat currency since about 2000. Against the PMs, the dollar is weaker yet. Since all PMs are priced in US dollars, the weaker the US dollar gets, the stronger the PMs get.

The fly in the ointment, as they say, however, is that none of us knows when the current trend will stop or reverse itself. Some of us are wondering if a reversal is even possible. In any case, owning some PMs is the modern day equivalent that "keep your powder dry" was back in the flintlock era. I would not put more than about 10% of my net worth into PMs but not having at least 5% there is VERY risky, IMHO. My advice is free... and worth every penny! Double your money back, if not satisfied!

when everyone is buying it is the time to sell. when everyone is selling that is the time to buy.

In general, that's not bad advice. The PM markets, however, seem to defy gravity at times and we may well be in one of those times. If you bought silver at $10/oz., as it was in October 2008, you could have sold it later at $20/oz. and doubled your money. Was that a good idea? Not in light of silver then going to $40/oz., doubling again. Commodity prices have a tendency to rise and fall quickly. Most times, there are good reasons for this and they are well published and known. At other times, the reasons are there but just not at all visible to most of us. That is the time to be very careful because there can be forces at work that we do not know but that are capable of moving and shaking the markets.