neither did they in early 1980.
i watched silver fall from this level to $12 in a few weeks. good deal, eh? bot $12.85 and still have it after 33 years. now at $23.50 or so.
good luck bulls. i notice you in the news everywhere now saying px will rise. "manipulation," etc.
i did the same in '80. and watch it go much lower.
maybe $12 will hold it this time. I will buy again in 2013 at that price.
icd