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<p>[QUOTE=&quot;InfleXion, post: 1355235, member: 29012&quot;]If $50 silver was a bubble, then so was $1900 gold. You can only identify a bubble in hindsight, and it can only be confirmed as a bubble if the $50 target is never taken out. I do agree that the entire futures market has destroyed any sense of true price discovery, but since silver has the highest margin requirements of any commodity on the entire exchange that implies that only strong hands have it.&nbsp; </p><p><br /></p><p>As for the price surge, it was due to Eric Sprott buying $300 million of physical silver for his PSLV fund.[/QUOTE]</p><p><br /></p>

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