if true, seems to me this current collapse in silver price is temporary. I wonder just how temporary it will be though. If I am to start buying, when should I start? At 30bucks? 25bucks?, or should I have started this afternoon?
There is really no good answer. The drop is obviously due to market manipulation on the large traders, but it has not at all affected individual buyers of the actual physical metal.
If one was to wait, I would think that ‘bottom’ would be any price that has been steady for at least a few days- or if there is a new sudden uptick. -Having said that, the metal is still underpriced today as the currency flounders.