Well we had our dip under $25 ..... Now looking for over $30 very soon My reasoning is just as sound as yours
I'd agree with that. Not saying silver under $20 is impossible but it would surprise me at this stage. Probably just going to be boring and sit where it is for awhile would be my guess, can't see it getting smashed again.
We are split on price outlook, I see... I think even if you wait it might not drop much more below 22 $. The next strongest support is at around 18 $ or so...
I don't really care what other people have told you, doesn't change what I think. Are you suggesting you picked every crash? or are you suggesting my predictions have no merit? As far as I know I haven't made a fool of myself yet.
Actually I have bugger all idea where the price is headed, but happy to go on record in predicting the price is going to go back up to $30 since Silversale loves posting predictions with absolutely no explanation or reason, I can do the same. I reckon I've probably got a 50% chance of being right...... then I can come back to this thread and gloat if I was.
Ok.....for the record..... Silver down to about $16 to $18 bucks....... Reason, lack of confidence in gold and silver at the moment, the big knockdown a few weeks ago is not good news. The possibility of a short term correction on the U.S. market could have a flow on to gold, gold stocks and silver. Time frame....next 4 months..
It's all about taking a punt and gloating if your guess is correct. Some people love to do that more than others, we call those people wankers. Technical analysis ain't gonna help you at the moment, I think most will agree that the majority of the damage is already done. Is it going to really matter if you buy at $22.50 or $20 in the long run? hardly. Silver at these prices is a very solid investment for those not into flipping paper.
Baron, you are getting feisty again, lol. Must be time for you to write another perma-bull article, here is a few of your funniest ones... 16/11/2011 Bullion Baron: Gold priced in AUD about to soar? Take Two! AUD $2000+? 26/12/2012 Bullion Baron: On New Years Eve I posted a set of charts suggesting that I thought Gold was in a buy zone.. 18/12/2011 Bullion Baron: Gold/Silver on the verge of bubble phase 21/8/2011 Bullion Baron: 3rd phase of bull market? 6/6/12 Bullion Baron: Gold & Silver Rally Hard Out of Bottom. What Next? 20/5/2012 Bullion Baron: Good chance Gold and Silver have bottomed 12/7/2012 Bullion Baron: Explosive upside potential for Silver
What's funny about these articles? When they were made they were reasonable based on the goings on of the time.
Actually, no. Those calling the market bearish were correct. Those calling the market higher, were wrong!
