Are the days of $15-$16 USD silver over?

Discussion in 'Silver' started by Theantifunie, Jan 25, 2015.

  1. Gatito Bandito

    Gatito Bandito Active Member

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    Thank god..

    Was getting a little worried that I'd never again be able to afford another kilo.


    Let's melt her down, boys! ;)
     
  2. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    I know after so long I'm the wilderness and after so many disappointments everyone is defensive and quick to dismiss good news but an intra day 2% drop isn't exactly earth shattering bearish news.
     
  3. tenchi

    tenchi New Member

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    good. i'd like another yr to stockpile before any substantial price increase.
     
  4. Gatito Bandito

    Gatito Bandito Active Member

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    From $18.51 USD to $17.98 partial intra-day -- in quick successive strikes during the overnight (US) hours, mind you -- I get closer to 3%.

    On a Monday, no less.


    Back to its old ways.. Much more comforting. :lol:
     
  5. BoliverT.

    BoliverT. New Member

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    I might say if any of us knew which way silver was going up or down we would all be in the same tax bracket as Bill Gates, although from reading on these forums some of you depending on what country you live, may already be paying more % wise.
     
  6. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    nope is still trading right in the middle of where I said it would and will contine to do so for atleast another 6 months
     
  7. TreasureHunter

    TreasureHunter Well-Known Member

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    Watch how low it goes during this correction, but January-March is generally not a good time to buy. Prices tend to go high.

    I assume there will be a "window of opportunity" in April-June, but I wouldn't count on in. Just watch where the price goes now in late January and in February.

    It could go down a bit, but I would be surprised if gold went sub-1,200 and silver went sub-16 $. But it has to breathe, right...?

    Gold below 1,250 % and silver below 16 $ would be great, the way things are going now. I expect more bullish uproars.
     
  8. Theantifunie

    Theantifunie New Member

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    Presumably this uptrend at the beginning of the year is caused by the stock market drop that happens at the beginning of every year?
     

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