All very good observations, which I can agree with. You really summed it up nicley with "The sense I get of the whole report is the silver situation is in a big balance" Someone mentions a plus, countered by a minus, and it all seems to even out, leaving us what $4.50 +/- .25 ??
There is not one obvious factor/trend on either the supply or demand side that I can latch onto and say definitely is the one to cause silver to go up/down. This is why I just keep going back to basics, back to the data, and try to look for a trend, a glimmer of hope, a needle in the haystack, etc..
I just do not really know what to think of silver, so I do not get excited by it, and keep going back to gold where I think I can play the volatility a little more effectively. Just a personal preference. |