Back of the Envelope Thoughts on Silver

I need to start this post with a disclaimer. I’m far from an expert on the precious metals markets. But I am long silver, and have been for over three years. I’ve been along for the roller coaster ride through 2008 and 2009, and (with hindsight) have made some mistakes as well as some good moves along the way. Writing about the markets is a fairly new trend for this blog, but I had fun writing about treasuries the other day, so why not delve into silver? And my recent traffic tells me that at least a few people are interested in this stuff. The following are some loose thoughts about what’s going on in the silver market. Oh, and

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