Not that long ago silver hit $49/oz. Now it's @ $17/oz.

What gives?

There was a precious metals bubble and now they are

coming back down to their normal prices. Silver may

continue to drop until it hits $15 an ounce. According to

the Pecious metals institute it even may drop back to

under $10 an ounce.

That would be one of those bubble thingies.

Not that long ago silver hit $49/oz. Now it's @ $17/oz.

What gives?