Some of the dips so far today tell me people are taking profits. Could get a bit bearish this week. $40.50 is my guess
Well it next week and looking at the chart it went up and then down and then up and now down.... really quick. I reckon we gonna have a big week up because i'm gonna buy
With articles like these, I expect it to be a good week for gold/silver and a bad week for USD. http://goldsilver.com/news/belarus-c-bank-halts-sales-of-gold-for-roubles/ http://goldsilver.com/news/brics-credit-local-currencies-to-replace-dollar/ Edit to add: And good for WA realestate lol http://www.watoday.com.au/business/real-skills-crisis-is-still-to-come-20110417-1djn5.html
I reckon we will see 5 days of back to back price increases. Why? Because people who didn't buy the dip last week want to get as much silver under US$50 as possible. Why? Because silver will hit the mainstream media like a thunderbolt when it cracks its 1980 high in the next couple of weeks and no one wants to be left standing on the sidelines. But I will be very happy to be wrong.
Well going by the charts on the SS there must have been a terrible downturn. No red lines. Green arrow still showing up. Whats going on? Regards Errol43 Late Mail. Red line finally appeared. Everything fine on the western front.