Parabolic rises are traditionally followed by a price drop reflecting the rise. But, traditionally we didn't have massive USD debt, money printing, QE2 (QE3 will be announced before summer) and, the big one; we didn't have a publicly announced policy by the People's Republic of China to buy precious metals.
The resurgence of silver's price could be tomorrow.... At least that's what my little birdie tells me.
Could it be that I am being manipulated to spread disinformation? I doubt it. There are only 5,000 readers a day to this blog.... You'd think they'd go somewhere else if they wanted to spread hype.... Or maybe they are.
My personal opinion is that it is now the time to get back into the pool and start buying. If the price continues to drop, dollar cost average your price out. Silver is not going too much lower and the fundamentals (since 2008) haven't changed.
You in the game or not?