i heard today from someone that knows a lot more about the silver market than i ever will, there is a "Takedown on" and i get home and hey presto, Controlled falling, reminds me of WWF Smackdown: only more shiney)
Isn't that akin to saying "never trust a doctors opinion, especially if you don't have a medical degree"? Jus' sayin', thought it was funny. As you were
enough chest beating. lets get some longer term analysis! i have realised that picking a price that i think silver should trade at would require millions of calculations and is therefore impossible. all i can say is that in five years time i think more people will be investing in silver than today. and governments will still be aiming for inflation maybe peak silver will be here in a few years. my lense has fogged up again! ill be buying with all my cash at sub 25 though it will seem so sililar to 08 at that level and thus the oppurtunity the same.
Sorry grinners, not prepared to give out all of my analysis... I haven't completed (and don't want to complete) the necessary steps to become a licensed investment advisor. That, and I don't see the point in giving out heavily time consumed information to 'mostly' unappreciative posters.
But with rumoured QE3 (Ben did hint on this), will silver continue its drop if they go ahead with QE3?
If silver did take another plunge, which I am not sure Clive is right about, it should rapidly rise afterwards and keep rising! The plunge and subsequent rise could be too fast for anyone to buy silver on the dip anyway. There is no question in my mind that it has to go up soon as the US dollar is not going to stay high for much longer.
A shame most people can't just give ya a well done, they can't stand someone else being more right than themselves and even less when it's pointed out. I say simply; well done my man.
Some of us here do appreciate the time and effort you put into posting, I like to hear all points of view as long as it is a rational discussion. So please feel free to post your pearls of wisdom, I am probably part of the silent majority who do like to learn from people with more experience. We all want the same thing, to profit from stacking - whether it be gold, silver or coins, think we all have to remember that everyone's point of view is valid for their own circumstances, what works for one may not work for another. From my point of view, I think the global financial markets are getting very interesting at the moment, we don't hear nearly enough on the main stream media about the s*%t that is unfolding at the moment around the world, thats why I like to come on these forums to learn as much as I can so I can profit and survive
+1 my gut is telling me that this will be the final dip but it maybe a major crash, therefore trying to get your hands on the physical will be impossible :/ keep buying right now as well in small packs
spot's flirting with 33USD again as we speak.. will it be heart-breakingly rejected - doomed to plunge into the depths of purgatory for a while - or embraced and supported, boosted to the stars on rainbow-jets of love? either way, so exciting
Silver buy prices crashed on eBay today. i managed to score some awesome silver for under spot, mostly single bids against or some other punter, (Prob a SS member)