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<p>[QUOTE=&quot;medoraman, post: 1713889, member: 26302&quot;]Btw, since I am posting, just wanted to touch base on the silver market changes in the last few weeks.</p><p><br /></p><p>1. A couple of months ago, &quot;silver would hold its own or go up&quot;, we have seen now a 25% decline YTD.</p><p>2. A few weeks ago, &quot;well the manipulated markets went down, but physical is high and that PROVES there is a physical shortage&quot; - well I see I can buy ASE&#039;s for $26.50 and Philharmonics for about $2 over spot now. The major suppliers are reloading with stock, and you can buy at will now. Not much proof there either</p><p>3. &quot;yes the market is down, and premiums are returning to normal, but QE88 is going to sent the price of PM to the moon!&quot;.&nbsp; - Always nice to get disproven on two recent assertions but still get people to believe an unprovable prediction.</p><p><br /></p><p>I wrote on CT a year ago or more how silver could drop, and if it did premiums would widen for a period of time. Gee, its almost as if some of us have been through more than a couple of years of metal market pricing, huh? 25% decline is enormous, and that is where we are sitting with further downside possible. TBH the silver market has fallen a little more than I thought it would. Think about it, though. If the Dow fell 25%, everyone on the bullion forums would be screaming how its the end of the world, how they were right and only PM will save you, etc. Have PM drop 25%, though, and all you here are strings of excuses, mainly parroted from the lies salesmen are saying to keep people buying.</p><p><br /></p><p>Bottom line, my PM has dropped 20% or so, but my stocks are up 30% in the same period. I am ok with that. That was the entire PURPOSE of me buying PM. PM is a better deal now than before, so those who wish to have a contra asset its a better time to buy than it has been in the past 5 years. Keep buying. However, you should know WHY you wish to own PM, and not just blindly accept the arguments PM salesmen force feed you.&nbsp; Honestly, I do see the market overbought, and personally I am looking at buying PM near these prices. That is only my view though, YMMV.[/QUOTE]</p><p><br /></p>

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