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Message:: [QUOTE="10gary22, post: 1128032, member: 23626"]As I recall, in the 1980s the underfunded Silver market was driven upwards by a very small group of deep pocket investors (Hunts) by the purchase of several thousand tons of silver and shipping it via freighters to Swiss vaults. Once this process had occured, futures began to rise. Once the paper started to go up, investment groups became involved in riding the wave. Then it became extremely profitable to sell "short" when actual delivery of very cheap vaulted silver was sited to cover. What a better method to expense a loss of an item kited to $40/t that had dropped to $4.50/t whose base cost was actually $2.25/t ? Today's market, although underfunded has risen largely because of the "panic" over the economy. As the economy im[proves, pressure is likely to ease off somewhat. BUT, as many have pointed out, a reduction in price will cause a great many to increase their positions. Again putting demand on the market. So, we only need to ask ourselves at what level most would buy at. I feel the floor might stay higher than many would hope. Some have predicted Silver to hit $150 in 2011. I doubt that, but if I was right more often, instead of posting here, I could be counting my money. gary[/QUOTE]