interview with Ted Butler:
silberinfo:At the end the question: Where do you expect the price of silver to be at the end of the year 2007?
Ted Butler:This is a question I try to avoid because it is in the time category, which means it’s just a guess. It depends on the manipulation and the status of the concentrated short position. So let me answer it this way – when the manipulation ends and the shorts lose control, we’ll hit $50 or $100 in a relative blink of the eye.
This is exactly why I don't try to trade silver. Buy and hold is much safer.
Market Direction Change
2 weeks ago