Quote from: Lowryder on August 22, 2014, 08:51:36 PM

Quote from: cypherdoc on August 22, 2014, 07:16:59 PM

Quote from: Lowryder on August 22, 2014, 07:05:28 PM

Quote from: cypherdoc on August 22, 2014, 02:16:28 PM

no change here. Bitcoin has devastated this asset:

https://www.goldbroker.com/en/news/paper-silver-market-250-times-size-physical-silver-market-526

What would you think happens when the 'tie' breaks, real is real, paper is worthless.

Think of a scenario, let's say a position of metric ton of pure silver. Will have some value

Think of it this way.

Speculators leveraged up free fiat from the Fed and bid up the silver market into the May 2011 peak. Now that the market has reversed, leverage is being margin called out of the silver market. Prices are collapsing as a result.

And?

and what? Bitcoin? are u kidding me? we're still in a large consolidation phase and the successive lows are still higher over a short 8 mo time period. this is just the pause before the next ramp.