Photonaware
Active Member
Reading Kitco's post today Dec 28th - http://www.kitco.com/reports/KitcoNews20111228GW_2012outlook_silver.html
Extracts here -
" ... Many experts predict silver prices will end 2012 at double or triple their mid-December level ..."
Woopee ! ... and reading on; helped by the following -
"I see $60 silver by the end of 2012," said David Morgan, independent precious metals analyst with Silver-Investor.com.
"Demand from investors will pick up, as we see continued deterioration of the world financial system."
Great !! .... I thought, time to buy following today's drop BUT reading further -
".."Metals have mutated from 'safe haven' assets to 'risk' assets," said Spencer Patton, founder of Steel Vine Investments, who predicts 2012 will end with silver quoted around $18.
"I expect 2012 will present some major changes in the eurozone," that will lead to weaker silver prices.
Kabaam - what to do ? Stick with fiat or add to stack bearing in mind the price falls in the past few months ( still bandaging the wounds ) - can it get worse ?
Extracts here -
" ... Many experts predict silver prices will end 2012 at double or triple their mid-December level ..."
Woopee ! ... and reading on; helped by the following -
"I see $60 silver by the end of 2012," said David Morgan, independent precious metals analyst with Silver-Investor.com.
"Demand from investors will pick up, as we see continued deterioration of the world financial system."
Great !! .... I thought, time to buy following today's drop BUT reading further -
".."Metals have mutated from 'safe haven' assets to 'risk' assets," said Spencer Patton, founder of Steel Vine Investments, who predicts 2012 will end with silver quoted around $18.
"I expect 2012 will present some major changes in the eurozone," that will lead to weaker silver prices.
Kabaam - what to do ? Stick with fiat or add to stack bearing in mind the price falls in the past few months ( still bandaging the wounds ) - can it get worse ?
