The secret to that explosion in silver price lay in the preceding price suppression. When investment demand finally blew the lid off late in 1979, the sky was the limit for gold and silver. Suppressing a price only guarantees one thing. When the price eventually breaks free, the pendulum will swing far, far past equilibrium. But conspiracy suspicions alone even from a market that smells as much like mackerel as gold does today are not enough reason to make an investment.
Prudence requires other forceful reasons.
First, the trend is shifting from paper assets to hard assets. Not point by point and day by day, but as a general trend, commodities tend to rise together. Still these uptrends may point to returning inflation and an all-determining shift of money and investment attention from paper assets to hard assets. It just doesn t make sense. We have never seen anything like this.