STACKERS!! Will silver KEEP GOING DOWN?! >> Could we see $20/oz??

The real question is not "Is the market being manipulated?", OR "Will the manipulation stop?", the real question is "What would make the manipulation stop?". The answer to the real question is usage! Silver is actually used for stuff, you cannot make an iPhone without silver! You cannot make an iPhone with paper silver.

Now a manipulated price means miners have less incentive to add to inventory and users have more incentive to use inventory, ever wonder why with spot being so high that miners are doing so bad? Ever wonders why investment firms short silver and then invest in silver miners? Inventory

Silver manipulation cannot last for ever because at one point in time the users will not be able to put in a forward order stand for delivery and get their physical because there will be no inventory. Is that point close? 2-5 years IMHO
 
At the moment, I am saving my cash and not putting it into silver. Buying bits if they're a bit cheap to dollar cost average, but nothing seems to be getting sold as a reflection of spot when prices are this low so seems pointless to just keep buying.
 
Still waiting for the real dip, like a 2008 dip, then ill double dip. It will crash before we have the inflationary run up weve been waiting for
 
For some strange reason I see silver re testing the mid teens 15USD as a bottom.

I could be wong...

Either way its on sale and the long term trend is that it will go to da moonz
 
silverfunk said:
For some strange reason I see silver re testing the mid teens 15USD as a bottom.

I could be wong...

Either way its on sale and the long term trend is that it will go to da moonz
Click to expand...
If it hits 15$ I'm gonna puke, cry, and crap! Not necessarily in that order. :lol:
 
he did say its a bumpy ride but look at the charts its always going north and stacking is long term , i did what he said not to do several years ago and made other people rich no no no that's not how it works its long term if in 10 years time i brought back in 2011 at 45 ten years it will be 200 say then 45 is nothing?
 
What we could see is the continued slide of the AUD while Gold and Silver rebounds. I think the role and importance of the PMs has significantly changed since 2008, while trust and faith in FIAT currencies and their creators has been greatly eroded.

If we experience a 2008 style economic crash, the wrenching feeling in my gut is telling me it will be different for Gold and Silver. In any event, I can see many reasons why the AUD will plummet in the face of another run for investor safety.

I think the real question we should be asking is, will we see the AUD at US$0.60 or lower, and if so what will be the Gold/USD ratio in that case.
 
It is interesting to note that the RSI is very low at the moment.

3356_silver_16512.png


Doesn't mean it can't go lower, just that it is oversold at the moment.

Interesting times.
 
Just as an explanation, any time the RSI drops below 30, that can be read in conjunction with other indicators to determine if an asset is oversold. Silver is what, 20 at the moment?
 
uuuuuuuumm said:
whats RSI ? repetitive strain injury :) but really what does that mean bloody anagrams they blow :(
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Definition of 'Relative Strength Index - RSI'
A technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold conditions of an asset. It is calculated using the following formula:

RSI = 100 - 100/(1 + RS*)

*Where RS = Average of x days' up closes / Average of x days' down closes.
Click to expand...
http://www.investopedia.com/terms/r/rsi.asp#ixzz1v0bhjoUx
 
the momentum on the weekly and monthly is still diving. Until it turns up its a no brainer to wait.
 
yeah it does look like right now it may be best to just watch.
cash isn't going anywhere is it?
but it's quite clear that silver is going to go down more, so yeah, it's kinda silly to be buying, it's probably best to sell if anything, this would be the moment i'd be selling my junk silver and bars, while it's still up and hold cash and replace with primo silver at half the price!
 
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