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America once had enough silver to meet its needs. But that's been outsourced, too.
Dear Charlie, I have been skeptical of the recent silver (SI00) breakout from decades of consolidation, primarily because I remember the run-up and crash in 1980 caused by the Hunt brothers, and the run-up and crash in 2011. (Yeah, I'm that old. Sigh.) Looking at long-term charts of silver can be very sobering, and wild-eyed internet gurus, heavy on dark conspiracism with proclamations of $10,000 silver, are hardly reassuring. James Dear James, Your skepticism is an asset, not a liability. Anyone who remembers 1980 and 2011 has earned the right to be cautious. The Hunt brothers taught us what happens when speculation ... (full story)