im saying another failed prediction by sammyFAILsilver -- signature updated accordingly. I was away for a few days hence the late reply to this failed prediction thread.
Just to take a bit of responsibility for my prediction I make the following comments. In a rising silver market, spot hit $27.80 for a short time but has since dropped to sub $26 at times. Meanwhile, the AUD which was hovering at about $.75, has hit over $.775 despite the rate cut. Silver overall is still trending up, though at a slower rate than mid July, and the AUD is ridiculously strong because the rest of the world sees us as a safe haven. My prediction was premature, but I still see AUD29 in this quarter.
