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<p>[QUOTE=&quot;Cloudsweeper99, post: 126026, member: 3011&quot;]Some silver analysts believe Buffett&#039;s silver has already returned to the market in the form of leases.&nbsp; These transactions will eventually be settled in cash, not physical.&nbsp; If this isn&#039;t true [he isn&#039;t talking], Buffett&#039;s 129million ounces represents about two and a half months of supply in a world with an enormous developing shortage.&nbsp; He is also intelligent enough to sell into strength, not weakness.&nbsp; The silver market is tiny compared to most others even though it appears large to coin collectors.&nbsp; In fact, there is actually less above ground identifiable investment grade silver reserves in the world than there is gold.&nbsp; If silver becomes popular again with institutions, Buffett&#039;s silver won&#039;t change the price more than a cent.&nbsp; Of course, a lot of this is speculation until it happens.</p><p><br /></p><p>I expected silver to rise, and I&#039;m happy it is rising, but I would have been happier if it rose a couple of years from now instead of now.&nbsp; I would have liked to accumulate more of it.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie4" alt=":mad:" unselectable="on" unselectable="on" />&nbsp; But silver is so volitile that it wouldn&#039;t be unusual to see it drop $2-$3 before moving up to the next level.[/QUOTE]</p><p><br /></p>

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