Below is a worthy quote to post from Jim Sinclair in response to an email he recieved concerning his take on a reported major paper silver dump last Friday:

"For every seller there must be a buyer. Because the price flopped so violently, commentators only see the vicious intention to depress price selling. Everybody says "Oh my, look at how much silver was sold, it must be very bad.” Another view is 192 million ounces of silver were purchased by buyers clearly with iron guts and strong outlooks on price. They knew what was coming but left their bids in. They were not taken by surprise. If you are driven by emotions you are cannon fodder. If you can keep your head about you, you will win. Try really seeing what is there with your intellect and not your stomach."