Yes, yes, there is absolutely no significance when the mainstream media starts talking about a 30% expected move in silver! Perhaps this is more to your liking, Richard Russell talking about the immorality of fiat money and the end of the US dollar, possibly led by a breakout in silver.
Silver and gold are precious metals. and thats where the similarity ends. Silver is dealt with on the commodities market and gold at the cash desk. Silver is a good punt over time. Gold is a guarantee.
I monitored those Exchange Traded Funds stocks last year. They nearly didnt change. End 2012 their combined tonnes was similar to start 2012. That sentence "Global investment through silver-backed exchange-traded products reached a record 18,854 metric tons in November" is certainly a lie. Because in 2011, the IShares Silver Trust alone had that amount tonnes. So it can't be a record. Today, that IShares Silver Trust has a little over 10,000 tonnes. It's a good example of how big ETF purchase numbers mean nothing for long term stackers. And it's rather the opposite, a stacker has to buy when the paperworld doesn't buy, but instead dumped.
