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<p>[QUOTE="10gary22, post: 1334514, member: 23626"]Although I was criticized for stating I felt Silver was in a bubble, in a recent thread. I think it's going to fall some more, and maybe a lot more. The current threat y Iran to block the shipment of oil in the event of sanctions might send the price of oil up a lot. Whenever one commodity gets the interest of the financial bloc, others get sold. Add that to the smart money short sales and I am seeing a possibility of the Silver "Bubble" leaking.</p><p><br /></p><p>I feel anything that is valued very high above its production cost is in a bubble. Sorry, but being cynical has sure saved me a lot over the years, even at the sacrifice of potential profits. But not making some of the potential profits is a lot easier for me to withstand than the actual loss of capital.</p><p><br /></p><p>I think I will wait another few days or weeks before buying and keep what I have until the dust settles.</p><p><br /></p><p>Just sayin'[/QUOTE]</p><p><br /></p>
[QUOTE="10gary22, post: 1334514, member: 23626"]Although I was criticized for stating I felt Silver was in a bubble, in a recent thread. I think it's going to fall some more, and maybe a lot more. The current threat y Iran to block the shipment of oil in the event of sanctions might send the price of oil up a lot. Whenever one commodity gets the interest of the financial bloc, others get sold. Add that to the smart money short sales and I am seeing a possibility of the Silver "Bubble" leaking. I feel anything that is valued very high above its production cost is in a bubble. Sorry, but being cynical has sure saved me a lot over the years, even at the sacrifice of potential profits. But not making some of the potential profits is a lot easier for me to withstand than the actual loss of capital. I think I will wait another few days or weeks before buying and keep what I have until the dust settles. Just sayin'[/QUOTE]
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