Pop goes the bubble...

I'm just looking at the historical chart and how many years it's been stable, and observing the lemming behavior over the past two months. The jump to $50 seems sustainable longer term but above that looks like social media influenced nonsense to me. But I'm a curmudgeon. We'll see, won't we.

 

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Just a warning to those who think prices will increase forever. They might go back up again since China and central banks are engaged in this foolishness. They are playing with "house money." Although heaven help you if you get on the wrong side of the guy who runs that place.

 

This drop has made people cautious but silver is holding in the mid 80’s range. Up and down but it stays close to $85.