Will Silver follow 2011 trend line or Will it follow another line?

Discussion in 'Silver' started by errol43, Aug 26, 2012.

  1. errol43

    errol43 New Member Silver Stacker

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    Having been looking at the year to date on Silver prices on Kitco.

    Prices Were:

    2011 Aug $43
    Oct 4 $30
    Nov 1 $35
    Dec18 $28 All in US $
    2012 Jan $34
    May 17 $27
    Aug 24 $30

    What will the next year bring? Maybe it will go in reverse, start at $30 and go to $43.

    Twice when the price dropped to $30-, it rebounded to $34/35

    What is your opinion?

    Regards Errol 43
     
    errol43, Aug 26, 2012
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  2. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    I'm hoping that it goes no where during 2012/13 but i suspect that it will rise to approx $38AUD.
    This was just a guess.
     
    Naphthalene Man, Aug 27, 2012
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