silver

grinners said:
Maggie said:
I listen to everyones opinions, I give none of my own, but one thing I ask myself is if we did sell now and then there was a dip and we saw $20, who is going to supply it to us for that. Can anyone add to this or do I worry for nothing.
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It is paradoxical human nature IMO. You will see more people trying to sell at the bottom of the dip than at the top of the peak :D Panic etc.
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A peak is an exhaustion of buyers. I am seeing a lot of new interest in gold/silver. These people will be buying soon. So, we have numerous top callers, lots of potential buyers, and silver in backwardation. If this is even an intermediate top, I will be extremely surprised. However, we should reach an intermediate top this year. The question is, what will be the price? Next dip, it will be interesting to see what the premium on coins are. Gainesville has a $20 premium on rabbits, even more than the 2008 mice they have for sale. Also, based upon their declining number of inventory items for sale, it appears that more people are selling than buying. Very interesting times.
 
jedichampion said:
but does anyone see silver going maybe $30 or lower in the near future?
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If you mean 6 months by 'near future', short answer is highly unlikely...The chances of that happening in the next 6 months is worse than you seeing me with Jennifer Hawkins in 6 months...
 
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