Wednesday, August 13, 2008

Silver Smash Commentary by Analyst Ted Butler

A very well written piece by Ted Butler regarding the recent demolition of silver.

Ted make a very compelling case that the margin of safety at current prices is significant, as he believes the current price is below the cost of production.

I'm very tempted to buy now, but I hate the thought of buying something that is hitting yearly lows. On the sidelines for right now, but watching with great interest.

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