Are the days of $15-$16 USD silver over?

I know after so long I'm the wilderness and after so many disappointments everyone is defensive and quick to dismiss good news but an intra day 2% drop isn't exactly earth shattering bearish news.
 
phrenzy said:
I know after so long I'm the wilderness and after so many disappointments everyone is defensive and quick to dismiss good news but an intra day 2% drop isn't exactly earth shattering bearish news.
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From $18.51 USD to $17.98 partial intra-day -- in quick successive strikes during the overnight (US) hours, mind you -- I get closer to 3%.

On a Monday, no less.


Back to its old ways.. Much more comforting. :lol:
 
Theantifunie said:
In the last two weeks or so we went from the mid-high $16US range to the low-high $18US range. Will we ever see $16 silver again or will the price stay in the $18 zone for a while and then go up. I hope that the price goes back down but i kinda think that it will go up to $19-$20 and stabilize for a while. Anyway, what do you guys think?
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I might say if any of us knew which way silver was going up or down we would all be in the same tax bracket as Bill Gates, although from reading on these forums some of you depending on what country you live, may already be paying more % wise.
 
phrenzy said:
House said:
In memory...

<----------SIDEWAYS---------->
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where is the man himself? He seems to have tapered off the forum since things went 90 from his favourite direction.
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nope is still trading right in the middle of where I said it would and will contine to do so for atleast another 6 months
 
Watch how low it goes during this correction, but January-March is generally not a good time to buy. Prices tend to go high.

I assume there will be a "window of opportunity" in April-June, but I wouldn't count on in. Just watch where the price goes now in late January and in February.

It could go down a bit, but I would be surprised if gold went sub-1,200 and silver went sub-16 $. But it has to breathe, right...?

Gold below 1,250 % and silver below 16 $ would be great, the way things are going now. I expect more bullish uproars.
 
TreasureHunter said:
Watch how low it goes during this correction, but January-March is generally not a good time to buy. Prices tend to go high.

I assume there will be a "window of opportunity" in April-June, but I wouldn't count on in. Just watch where the price goes now in late January and in February.

It could go down a bit, but I would be surprised if gold went sub-1,200 and silver went sub-16 $. But it has to breathe, right...?

Gold below 1,250 % and silver below 16 $ would be great, the way things are going now. I expect more bullish uproars.
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Presumably this uptrend at the beginning of the year is caused by the stock market drop that happens at the beginning of every year?
 
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