Great piece from Bix Weir at Road to Roota.
There is massive fear in the silver market. Every time the price of
silver moves down a tick the sweat begins to bead up on the brows of
silver investors and the dark FEAR of investing doubt fills their
thoughts. "Oh my God, have I made the wrong decision again?"..."What was
I thinking buying silver when it was so close to it's all time high
price?"..."Maybe I should sell some silver to take some of my winnings
off the table". Ultimately it is FEAR and not GREED that drives the big
moves in price of all investments and right now FEAR is the motivator
for silver investors. But very soon that same FEAR will be the driver of
silver blasting off to the moon!
If you are strong enough to
remove the FEAR from your mindset the picture of what is happening to
the price of silver is much more clear. As a matter of fact, we have
seen this price action for the last 10 years over and over and over
again. Silver has risen and fallen to extremes consistently all the way
up. The mainstream media loves to point out how silver is "much more
volatile" than gold and is a much riskier investment. Of course they
never give reasons as to why a commodity with very, very stable mine
production and stable industrial consumption is so volatile. They are
hoping that you are not smart enough to ask the important
questions...like is the silver market rigged? And if so how is it done,
why are they doing it and when will it end?