SILVER MARKET TO BREAK $50?? OCT 5th UPDATE: Silver Breakout To $50 Continues But Troubling Signs In Global Oil Industry

With the Silver Price breaking the important $48 level for the first time since 2011, will we finally hit all-time highs above $50?  If so, it will likely happen within the next several weeks as silver is now in backwardation.  Thus, the silver cash price is higher than the Dec Futures contract, which is a rare occurrence…