>> “The only way out at this point is if the price of silver crashes back down to $15 an ounce or so and stays there for a few months until most of these contracts end.” <<
.
And that has been exactly what all the phony financial ‘advisors’ were saying was going to happen back in January, but those of us here that are regular metals buyers knew that was hogwash, because while there was a tiny pullback in gold and silver, you couldn’t get your hands on the physical metal, so we weren’t buying into that crap, but these dishonest sellers were counting on a pullback to satisfy their sales.
Does crime pay?
You actually could see $15 silver.
But you won’t see that unless you also see $30 bbl oil.
Just the way these things work...
Don’t hold your breath!!
It’s amazing that they can get away with it.
Personally, knowing what is going on with TARP and the QE’s and debt and the global economic situation (China’s bubble, etc.) I don’t see how silver and gold can come down much from where they are. Sure, there will be dips, but I think this is the new support where they will remain.