I can't tell what those secret society attending, draconian, grey haired men will try next, so I cannot tell.
am waiting for $30, but our lot is bloody $35 from here till enternity (well it feels like it anyway)
From what I have heard from the US Fed., the QE2 money is being used to buy Bonds, Stocks, but mainly commodities, Base Metals and Silver. When QE2 money stops, Silver will eventually drop to below $20.
Since I'm expecting the GFC2 sometime from now until mid-July, then yea, I guess I'd agree we're headed there soon. *holds onto tin foil hat*
That's what the chart says. Short of Ben Bernanke blowing a fuse and confessing that he is printing money to save the unsustainable US financial system, I think that's where we are headed. $27.
I bought back almost all of my previous stocks sales two days ago. Time will tell if I was too early or lucky.
I'm hoping it holds off for a few weeks at least. Got my car on the market....and I know what I'm doing with the proceeds!
Not an expensive car by todays standards but enough to get me properly into the market. Some have sold houses to buy Silver! My nads aren't that big however!
I think it probably will be around $32-33..then will heads up to $36-37 before falling back to $31-32 again..