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<p>[QUOTE=&quot;GDJMSP, post: 946000, member: 112&quot;]A year and half ago (2008) silver DID drop below $10/oz. And that was after being at $21 earlier in the same year. So it only takes a few months for it to happen, and it could easily happen again.</p><p><br /></p><p>As to your question though, people got caught with their pants down when silver hit the high. Particularly dealers and they were refusing to sell their silver anywhere near that price. As a result, buyers for the most part refused to buy it at the premiums the dealers were asking. And that&#039;s when the price fell off a cliff. In March silver was over $21, by Oct it was under $9 and those who had held out were taking a bath and were forced to sell. And nobody was paying $15 either.[/QUOTE]</p><p><br /></p>

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