Eric Sprott does (Dec 2013): [youtube]http://www.youtube.com/watch?v=P1VOP2U1vng[/youtube] But his opinion may be a tad biased?
I have a feeling that we could have a bull trap forming for several months before the downward slide continues.
Toss up. QE has skewed my expectations. Market has been flat since May. Can't see another Easter smackdown unless we see a rise soon. I reckon spot will rise considerably within the next few months on the back of a crashing stock market.
Prices wont be doing much for the next few years Sammy's prediction (below) was wayyyyyyyyyyy off the mark
looks like it's going to be a very long grind downwards and then another very long grind back up again but when it does come back up for air I think it maybe off to the moon. Time line is anyone's guess. In the meantime, I reckon I'm going to keep on seeking out for other alternative investments because I maybe a very old foolish man if that long upward grind never happens. The powers who are in control have much much deeper pockets and this can is going to be kicked down Route 66 yet.
Is that an attempt at expanding your vocabulary to something other than "sideways"? F on execution but a solid A+ for effort.
That's what I think too. Some week ago I calculated the downtrend rate of a couple gold ETF's, and their zero came out somewhere mid 2016. http://forums.silverstackers.com/topic-47683-my-outlandish-probably-wrong-prediction-page-2.html In meantime maybe some silver opportunities to stack at $17-18. It depends on what the Comex side does, if they project some next macro economical event that may make people again willing to pay more for pm's, they might hold the positions they now insert in this lower price range.