Is anyone else getting a bit worried about this increase? I mean - I love a jump in price as much as the next silver holder but going up 10% in a week and who knows how many % since the start of the year......... Can anyone say "short term bubble"? malachii PS - I hope I'm wrong - just a bit of pucker factor coming in.
For my thinking a dip is always expected but the runup sure is an enjoyable ride. This momentum during the last few days has a somewhat solid feel to it.
As far as I know its the civil unrest in the Middle East and its implications on oil supply that is driving prices up... Who knows long how this will continue for...Just like Perthstacker I am still waiting for the pullback to the low 20s!! :/
lol it might be an opportunity to buy NOW and i mean "NOW" since the "price" are going to get much and much higher than today especially when we enter March.
Only the Silver God's know what will happen around 12AM Eastern Time tonight when New York opens.... could be worth waiting up for....although I notice the action usually gets going a couple of hours later around 10AM New York time (2AM here) for some reason.