Silver-Mad Small Investors Fueled an Epic Rise and Fall

Silver-Mad Small Investors Fueled an Epic Rise and Fall: http://online.wsj.com/article/SB10001424052748703859304576307380172271272.html

Surprise, surprise, silver has fallen 30% in a brutal collapse since peaking on April 25th at ~$50. http://www.contangocorner.com/2011/04/time-to-short-silver.html

History doesn't repeat itself, but it definitely rhymes: when Joe Schmoe is buying ABCD commodity like mad, and people are doing incredibly stupid things like buying ABCD in hopes of earning enough money to buy a home, it's usually time to sell and sell short: if retail is heavily invested there is no one left to buy.