GSR below 45

Discussion in 'Silver' started by euphoria, Feb 15, 2011.

  1. euphoria

    euphoria New Member

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    Just thought I would point out. The GSR hasn't been this low since 2006. The next stopping point is 40 where it breifly touched in 1998. over 12 years ago. i think in the next couple of weeks we will see Gold make a run to $1450 and the GSR make a run to 40. This will put the silver price at 36.25. For those putting silver in terms of kg, thats $1165/kg. I'm going to say that we will hit that by month end.
     
    euphoria, Feb 15, 2011
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  2. Ag

    Ag Well-Known Member Silver Stacker

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    Agree but think the move will be moore mid - end march
     
    Ag, Feb 15, 2011
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  3. Matthew 26:14

    Matthew 26:14 New Member

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    March is a key month, comex settlements are due so could be movement either way depending on news.
     
    Matthew 26:14, Feb 15, 2011
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  4. Nub Cannon

    Nub Cannon New Member

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    I think I might buy a silver maple this week, I can't wait to see what happens in March with all this news of backwardation and zero contango
     
    Nub Cannon, Feb 15, 2011
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