Question: Do you think the silver market was in a Bubble?

Answer: This is what I wrote to our paid members before the sell-off began...

For one of the very brief times in my lifetime, the physical market (not the futures market) appears to be setting the price, and demand continues unabated in both investment demand and industrial demand. However, if we are to be objective, we must examine the other side and prepare ourselves for what can possibly turn the market down. Most if not all of our sub­scribers know that I am constantly asked why the market (in silver or gold) went up or down on any given day.

However, in order for silver or gold to drop precipitously and stay down, it would require a solution to the current global monetary system. Simply stated, where else can anyone invest for capital preservation outside of the precious metals?

Now that Standard & Poor’s has downgraded the U.S. credit outlook it is obvious to anyone with any ability to think, that precious metals are a must investment! So, to repeat, where else are you going to invest under the current market conditions? This downgrade implies the S&P sees a likely chance that the U.S. credit rating will fall below AAA within the next few years.

Defaults in the municipal bond market continue and many understand that even bonds are not safe investments. This suggests that a default for many cities and counties will be inevitable. Many still state again and again that U.S. Treasuries are the SAFEST investment; I have my doubts personally, but I do think the shortest maturities—read T-Bills—are safer than any other maturity. Again, the debt of some higher-level government agencies is at serious risk.

Many want to know "What to do now?" We are offering a seminar in early June that will be focused on the longer term trends and how to approach the markets.

To learn more about the seminar and watch David's video, click link...
http://www.silver-investor.com/laseminar

Watch the video directly here....
http://tinyurl.com/3r4nt6u

Here is a video that presents the real economic situation...

The National Debt Crisis
http://futuremoneytrends.com/Trend_Videos.html