Both gold and silver have experienced painful declines during the past few years. More recently, the US dollar has been rallying which has caused the precious metals to fall into territory not seen for around four years. As miners struggle to turn a profit at these low prices, many investors and speculators are wondering where gold and silver will go. The video below investigates the silver market for November and gives some likely forecasts. Will silver see a major decline during November? Will the US Dollar continue to rally? Where will the precious metals bottom? [youtube=http://youtu.be/J679xf1FdSE]
Silver is currently under $16, looks like it's going lower. I could very well see the $12-$15 level.. however the miners will be huuurrrttinggg at those levels!