Every high in a secular bull market is sooner or later exceeded…until the last one…which will complete the bubble top. All the information and analysis I have from my experts indicates the intrinsic value of silver to be somewhere around $100 at minimum, and who knows what at maximum, and further indicates the bubble top is well into the future. If it arrives sooner, fine. Either way, there should be many more highs made in this silver bull before the final top is reached.

The current high for this bull is 21.50, set around February 2008, and still has not been exceeded. I expect many investors have given up on seeing this high exceeded. As long as the price of silver remains well below the estimated intrinsic value, and continues to fluctuate as it has been, why not profit from it? If I decide to “join” the traders, I will do so by following these simple rules:

1. I will not touch my minimum core position (30% gold and silver). God willing, it will be held long term awaiting the final bubble stage of the bull market.

2. I will sell only on strength and only at a profit, preferably at new highs in the bull market.

3. I will buy only on weakness at least 10% (net of expense) below the most recent sale or new high in the bull market. If desired, additional purchases can be made on further weakness. I remember well that following the high at 21.50 in 2008, the manipulative traders smashed silver down as low as 8.75. This could happen again. If it does, I plan to stick to these rules. If the experts are right about the intrinsic value of silver, the lower it goes the better value it becomes.

WARNING: I am not recommending this plan. I may or may not decide to use it for my portfolio. The objective would be to add value over and above a simple reallocation to raise cash to the desired level. There is no guarantee the plan will work. If I do decide to use it, I will disclose each transaction as I make it.