How high can silver go? That is the question posed by Chris Weber in this Howestreet.com article.
Weber notes that he has a large position in silver himself, so he wants to make a careful examination of the unfolding bull move in silver and the best way to (hopefully) profit from it.
Lots to read here, and I see that Weber's price forecasts are influenced by the readings of the "50% principle", a measure also utilized by Richard Russell of the Dow Theory Letters.
Interestingly enough, I've just been listening to a fairly recent interview with metals watcher and trader, Jim Sinclair at Goldseek Radio.
At about 17 minutes in to the clip, Sinclair made some very interesting comments about silver while responding to Chris Waltzek's questions about the silver market of the 1970s and early '80s during the time of the Hunt Brothers' famous corner.
Here is a bit of what Sinclair said when asked about the role the Hunts played in silver's move towards $50 back in 1980:
"[It] never would have happened without them. In order for it to happen again, you would have to reincarnate them; but in fact they have been reincarnated, in terms of exchange traded funds. Reincarnation of the Hunt brothers is the advent of the exchange traded funds".
Click the link above to hear the whole interview.