I believe another "Hunt brothers situation" WILL happen to silver. There has been a LOT of manipulation against silver. Numerous big players are short the metal (Like the Hunts. Controlling a market). They have kept it down, but in reality the supply is much less than it is showing ot be.
If a large group of people who own silver asked for it to be delivered to them, from entities that supposedly already have the silver in stock to support the shares they have sold, I think silver would rise $6 an ounce the FIRST day, and maybe a lot moer for each of the next few days. Because COMEX has sold more shares than they have in actual silver. There is a lie out there, just like oil had a lie earlier this year based on some players. That caused it to go up to $145 per barrel, which was above what it SHOULD hvae gone to. Then, it crashed, for the reason that the position unwound itself. Silver is in the same boat, and I think will have the same kind of huge move up followed by a retreat that brings it back down, but not back to where it is today.
Silver is also being used at a higher level than in the past, with new applications each year. As it disappears it will become more expensive (like oil has). PUt it all together, and I am a buyer of silver. And hoarding it. Adding to all that is that the government sold silver for many years, from all the silver they had in coins and reserves. That is disappearing too, as governments are running out of silver supplies finally. Plus investors are waking up to silver for the first time in 2 decades, because of things like the silver eagle, which makes it easy to own and also a realiable medium and product.
So buy all the silver you can, keep all those 90% finds, and wait.
Think of it this way. A 12% per year return in a mutual fund doubles your money in 6 years (thanks to compounding). And that is considered a GOOD return. Better than recently, but that is skewed by the terrible market right now. Still, even from here, a fund that can double our money in 6 years is considered to be doing a good job. Do you think silver will be a double within 6 years from this low price? I think it is an EASY double, and probably MUCH more. Therefore i"m willing to hoard my (little) silver and wait. Wait until that Hunt Brother type explosion occurs, and then sell out for a triple ... or a five fold return. Treat silver like any investment you would make. If you have a portfolio of five stocks, or five mutual funds, then make it four funds and silver as the fifth. Don't look at it short term. People don't sell mutual funds on a daiy basis. They buy and hold, thinking it is going up over time. Eventually they sell. Buy silver, hold it, and wait. When it jumps huge, wait some more. Then, when it stops the jump, and starts down, you'll have time to still sell. And it will probably outperform the other four funds that you have! :-) So buy it like a fifth fund and just sit back and smile. Silver's day is coming, and I think you'll do better than 12% per year as an average. :-)