Those that wait for a dip will most likely be left standing at the altar. The train will leave the station without them. They eventually will be buying in panic at much higher prices. That represents powerful buying that has not hit the market yet. The specs have been long silver all year and it still goes up.
Silver has a massive base that can support a move to much higher prices.
Fundamentals Just as bullish as the technicals. First take a gander at the precious metals lease rates. They are four to 20 times normal, an indication of tremendous physical tightness. There is just not a lot of precious metal supply out there. Platinum lease rates are extraordinarily high.