Did I just missed the lowest silver price? It's starting to go back up now and I starting to think I missed the $21/oz price. Should I start buyin now before it goes way up again or is it still a waiting game? Tia
nuh... you missed the boat... its going to $50 now... if you didn't go all in 10mins ago you're gonna get wiped out lol
Plenty more to come. Further down trend is bonus. Waiting for this to break. Down she goes to $18 hopefully.
you wont get wiped out, you'll just miss out, people that went all in on the way down have been wiped out if anything, but i still look at it as a long term game (thats why i would like it down)
$19us is the lowest possible price (unless a new full disconnected market is established - physical and paper price full seperation) i can ever forsee (no lower) and thats if the big bank manipulators want to panick foolish buyers into selling they may want to reach "an absolute NO CONFIDENCE POINT IN SILVER", i think it will bounce around the low 20's for a while to come though (as people are led to believe the us dollar is strong at the moment lol) until they finally realise the us dollar will collapse after hyperinflation in the next couple of years - their debt to the foreign banking takeover known as the fed will ensure it the elite/globalists, chinese government (gold)and others in the know are buying physical by the truckload yet they tell us its no good dont buy into the propaganda dont let anyone panick you keep your physical silver and gold and buy more when you like the price just dont wait to many months
the more fiat money they print the less its worth the more physical silver and gold you have the more it will go up in value that is how it works as history has shown us for a long time the exception to this rule is the manipulation by big banks and the people connected to the fed who print the money please dont believe their propaganda , most people on this forum are pretty smart and clearly understand this and their physical metals will be worth a hell of a lot in years to come they just need to be patient during these manipulated times the us dollar will be done as the reserve currency they just completed the last ditch effort to keep the dollar afloat for a while longer so they can set themselves up before the impending collapse, the chinese knew this years ago when they started very quitely stacking up truckloads of gold as did the elite who are behind all of this
Maybe we will catch the next train: http://www.kitco.com/reports/kitcoNewsMarketNuggets20130520.html The big fish are expecting lower prices in the 15-20 $ range...
Personaly, I think 19.20 / oz but I hope 15.29/oz and completly destroy confidence in silver. The faster confidence is destroyed and the quicker the longs accumulate into short positions the better for the long term outlook.
The spike was too fast, too high. Often these don't last for long, unless something more serious is behind. So, I am expecting a back-fall. But it's so strange that silver corrected up higher than the initial dip-entry point. It ended up higher!
I'm fairly new PM and I bought a couple of months ago at $28+ spot and more when it hit $26. I was going to wait until it Bottoms out,then buy as soon as it starts to rise and that's the reason i asked if the downtrend was down. Even though I am fairly new and it looks like Ive lost some of my initial investment, I really don't see it that since I didn't panic and sold off when price started to go down. I'd like to think I understand what the top dogs are doing. They're trying to scare the Little guys into selling so they can buy at a low price then resell at a higher price. But I'm not falling for that as I'm tryin to buy more as the price gets lower to lower my dca.
Yes it's the bottom Or maybe not Buggered if I know Actually it probably will go lower because silversale reckons so and Eureka Moments just bought again those two together are pretty powerful forces
