Silver prices, currently trading near $80 per ounce due to hype, will eventually correct significantly and fall back to levels around $30 or $20 per ounce.
"But once that hype fades, we all know that just like anything, it's like the rubber band effect. Eventually, when that rubber band snaps, it comes right back down to where it started. And you do not want to be left bag holding at elevated or overbought levels... all the way back down to $30 or $20 per ounce."