Be aware though, that the highdays of Negativity typically turn out to have been bottom prices with a thousand fat fingers hanging above a BUY button, and vice versa, beware when positivity rules the days, that a thousand fat fingers are hanging above a SELL button.
REALLY hope so, as when I was a young stacker who didnt really know much better the bulk of things I was buying was @~$24/toz. would like to at least recoup and hopefully profit a little
I hope I didn't know better when I was young when I bought gold at US$400+. It didn't go anywhere after 2 years so I dumped it at roughly the same price. 4 years later, GLD was available so I bought it again at US$800. It went up slightly and down again, when it went down, I panicked and dumped it for roughly the same price again. If you didn't dump what you've bought, you've done much better than me.
To some extent, silver is money. Exchanging silver to dollars is something like exchanging dollars for yen, except with a higher exchange cost, but which could vary depending on location. Like in Singapore, I can never buy silver for spot for kilos and below. The cheapest I got for is 4% above spot. Dealers charge even more.
I have a feeling we're going to see $17 - 18 USD silver by year's end. If the Aussie dollar gets a bit of a whack, we might be able to reach the $30 AU mark. I could be wrong, though.
The pm price will be reported as low as possible regardless of the fundamentals so people will stay with fiat ....