The fact that silver plummeted from $ 50 + / oz to $ 38 / oz in the last
few weeks makes me think that there are a lot of large scale
investors with vested interests taking profits from bets with precious metals (particularly silver) that will leave
naive amateur
investors nursing their wounds.
Other
investors were on top of this 3 to 4 years ago and my
naive view at the time, after spending only a
few hours, was that there was nothing underpinning the value of bitcoin, no military and no economy.