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<p>[QUOTE=&quot;Cloudsweeper99, post: 1527841, member: 3011&quot;]The characteristics of a bubble are:</p><p>&nbsp;- Record high prices</p><p>&nbsp;- significant gains [e.g., 100-200% or more] in the recent past - parabolic pricing </p><p>&nbsp;- widespread public participation</p><p>&nbsp;- widespread use of leverage to buy the asset in the bubble</p><p>&nbsp;- a lot of hype about entering a new age and conditions that will propel the price upward for a long time</p><p>&nbsp;- large transfers of investment dollars out of other investment categories into the bubble category</p><p><br /></p><p>I don&#039;t see any of this happening in silver.&nbsp; However, I think the path of least resistance is up.[/QUOTE]</p><p><br /></p>

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