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<p>[QUOTE="InfleXion, post: 1168236, member: 29012"]Excellent post. Thanks for sharing WingedLiberty. Not a bad time to sell some silver paper at all. Nice move. Glad you're keeping the physical. =)</p><p><br /></p><p>Too far, too fast for silver? Maybe, but in my mind it's more likely that the massive short positions have been holding it back. It jumped up near $50 and got swatted down a few days ago, but since then gold has been on the rise which makes me feel a lot better about where silver is at now. Since they do seem to be moving in tandem again, I would expect any correction to be applied universally. I think we are witnessing a new bottom until the next time the rules of the game change.</p><p><br /></p><p>As far as silver mining companies being undervalued, I would point to the fact that silver is mined primarily as a byproduct of other mines. Primary silver mines are the minority. An article I read a while back indicated this distinction was based not on the amount of silver in a mine, but on the amount of profit it brings compared to other metals. So a lot of the silver being mined doesn't show up in those stats, because those mines are categorized elsewhere.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1168236, member: 29012"]Excellent post. Thanks for sharing WingedLiberty. Not a bad time to sell some silver paper at all. Nice move. Glad you're keeping the physical. =) Too far, too fast for silver? Maybe, but in my mind it's more likely that the massive short positions have been holding it back. It jumped up near $50 and got swatted down a few days ago, but since then gold has been on the rise which makes me feel a lot better about where silver is at now. Since they do seem to be moving in tandem again, I would expect any correction to be applied universally. I think we are witnessing a new bottom until the next time the rules of the game change. As far as silver mining companies being undervalued, I would point to the fact that silver is mined primarily as a byproduct of other mines. Primary silver mines are the minority. An article I read a while back indicated this distinction was based not on the amount of silver in a mine, but on the amount of profit it brings compared to other metals. So a lot of the silver being mined doesn't show up in those stats, because those mines are categorized elsewhere.[/QUOTE]
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