Big price slump coming?

[leon1998]

I agree. I was buying when silver was 15ish USD last year; but stopped after spot broke above 16 USD.

Depending on this week's futures report, silver might revisit 15ish where I hope I can buy again.

I know everyone is losing their minds right now but 8 or 9 short weeks ago I was buying silver @ $19aud. It's still too expensive to buy either even if they both shed another 10%.

 

[Oldsoul]

Normal seasonality. Nothing to get eso excited about Wake me up when something is contrary to these normal trends. A downward price shift from Feb- march bottoming in june has been going on forever. You can in theory gain 25% or so trading seasonality *however* it is not really worth it in trading physical due to premiums sellers charge on buyback, work involved in selling etc. CGT has the same effect on trading gold seasonality via ETFs.... If Gold or silver manage to stay flat in March/June it is extremely bullish for both. Doubt that will happen but there you go.

The end of the PM world is not nigh - it is just turning as normal.

Source:

Source:


So

STAY CALM AND MAKE A NICE CUP OF TEA.


The alien lizard men are not shorting PMs so they can raise Atlantis

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[youtube]http://www.youtube.com/watch?v=ZR6wok7g7do[/youtube]