For the last few days the silver price has on a few occasions hit us $28 only to fall below. Will it stay above US$28??? What do you think? My opinion is that this time it is different and I think it will! Regards Errol 43
No such thing/concept as 'solid'. Vibrating frequencies. Perceived illusion. Bubble. When? Only the ones in control know. Surprises come out from under the rug announced. Could be tomorrow when silver gets slammed. Silver will never stay above $28. .
my gut feeling is for the price to drop further , im no expert though, i bought a fair bit in the high 30s and im still buyin little bits now but once bitten twice shy i suppose , id love it to go rockbottom still so i can backup the commodore ;-)
Just my opinion,but I think that we may see silver go below $26 within the next few months.However I continue to buy 5 or 10 ozs at a time when the mood strikes me.I am also buying various boxed sets ie:the proof britannias,and the libertad set with the little gold colored statuette in it.When I figure out how to post pictures I will share.
Its holding very steady resistance at $26 aud ... i honestly cant see it going lower and can only bounce from here... just IMO
We haven't had the 'fright' event yet and the Bernank is not going to announce easing with oil at around $90 a barrel prior. Couple that with what is looking like a slow down big time just about everywhere now (including Asia) and little industrial silver isn't going to dance it's own tune. It's been trading with the market and Europe's train-wreck will see the dollar rise and the metals hammered. Will it stay above $28 short term? Not a hope in hells chance. $24 will be interesting. From there it changes to greed on the buy in IMO.
I'm feeling that we won't get solid rises in price for a while yet. Lucky because im so dry on fiat these days, probably wont have money for PMs for antoher 2 months. I feel like they'll still be cheap by then