If silver can be smacked down ("because powerful men will benefit from devalued precious metals" or so the claim goes), then certainly by the same logic silver can be smacked up. 2016 will possibly be the year of the long awaited silver smack-UP ! Buckle your seat belt Dorothy.... [youtube]http://www.youtube.com/watch?v=0-JJuHpfN5g[/youtube] .
WoW so clever! Did you come up with that one on your own? Or is it derived from the to da moon theory?
I think mmissinglink is correct 2016 will be a good year for silver and gold, but that won't be until after one more smack DOWN. Jim
I think the recent ups and downs are no longer smack ups/downs but instead a reflection of growing nervousness. Markets are on a knife edge and the swings could become more extreme as the last vestiges of desperate hope battle the growing acceptancw that the gut wrenching fear is not unwarranted. And we are about to get an unwelcome lesson on the seeds of totalitarianism or even fascism. .
I had an army of brain surgeons working on it for many decades.....glad you asked! :lol: Besides, don't you think I'm entitled to opine a little on the positive side after years of opining on the negative? I'm probably the reason the term "permabear" was created. So cut me a little slack, please, while I let my imagination run free. .
Anything can happen in these markets. I have been wrong on most of my silver calls for the past few years so I could be wrong right now. I feel I win either way because I have a good amount of my $$$ in silver so if it goes up that's great, but I want to buy more and would like to do that cheaper so if we drop and I can still buy physical silver I win there too. I am actually hoping it drops more than hoping it pops right now. Jim
That's the point. Volitility is increasing because the future is increasingly murkey to market participants.
