Gauging a building top for silver

[JerrySpringer]

Do you suppose we will be tipped off to a temporary (?) market top for silver when we see the dealer buy prices start dropping percentage of spot offered? If one tries with some bit of effort, selling your silver at spot price is not a problem. It will interesting to see if demand peters out and buy prices from general public fall off a cliff before the spot does. Could that even happen? Seems like spot is a pretty good gauge of what you can get when you sell.

[beauanderos]

You might have something there. Hard to say. According to Patrick Heller, a coin dealer who also puts out some excellent analysis, the buyers are still outnumbering the sellers ten to one.

[neilgin1]

i learned a bitter lesson in my youth...i never "bought" the huge secular bull market in 83, when i was right there. i remember wise floor traders, telling me, dont stand in the way of a bull, kid. The bull lasted decades and i missed out, because i was seeing then, whats happening NOW.

Percious metals are for the king, and for those who dont trust the king.