Silver (and the yellow stuff) should have a small run up for the next few months - silver most likely reaching somewhere around the US$25 region... THEN, down she goes.... AGAIN... nice & HARD! :lol:
Then you woke up? I assume you were dreaming . If not then your going to buy monster boxes of silver? If you know this as fact then back up the truck, put your money where your month is. :lol:
Plenty of others here have dissed SilverSales price target calls, only to end up with egg on their face.
Regardless of the negative price action it's encouraging to see how quickly the price can gain momentum just on the back of a slightly weaker greenback. Silver is still where I wanna be when good things go bad.
Who says the GSR can't contract a lot lower? I think it's possible you could see $100/oz silver and $3000/oz gold.
how much notice does a theory deserve, particularly one that requires months to play out? Even an educated guess in this game can come undone by any number of economic circumstances that are yet to show. Should a person be trusted going forward based on a correct call in the past? hell no. You know what traders I avoid like the plague? the vocal ones that need attention. Best go about your business, play the game your lines tell you to play and stop baiting people that enjoy stacking. I'm not even disagreeing with the theory (I have a negative outlook on metals for the foreseeable future myself), but the last line in the OP particularly lacks tact and class. Not sure why or how a person would get a kick out of baiting a large percentage of the community. probably best to grow up and find another avenue to get attention me thinks, or even better, present a theory based on something so people can learn.
As much as I know better after these years in the wilderness I can't help feeling a little excited at the current blip on the vital signs monitor of my cold dead metal. I know, as soon as I pop that Dom Peignoir the price will crash again but meh, I like an excuse for a little indulgence occasionally. Go silver! To da moon! WOO HOOOOO!
I know one thing. If I see too many posts with the expression 'to the moon' I'll have to stop buying gold and silver until the nonsense dies again and focus on art and antiquities.
I agree with the run up, but U.S.$25 is quite a move that would translate as about AUD32. If gold stayed the same the GSR would be 50, which is not in the cards for a while. Therefore gold would need be about $2,300 for $32 silver. Gold is holding silver back.
