Plummeting silver

[santafeboy]

$28.12 an oz and falling Should be some nice deals to be had

[ivan salis]

watch for "prices to raise after oct 1st -- "big time" naked contract silver sellers had to settle up come oct 1st (silver was quite high to actually fill the orders should folks demand "phyiscal delivery" - it would cost the big time silver contract sellers a bundle --(so)-- the big fellows dumped a butt load of silver they got on the "cheap" earlier on, in effect they took their profiets on it and and cooled off the silver market at the same time -- so now if any one actually demands "phyiscal delivery" on the contracts they sold earlier --they can fill the orders quite cheaply -- its a win / win for them. --after oct 1 they will start buying on the cheap again * to restock their silver holdings , for the "next time".