Will the price of silver drop below $21au an ounce?

Gigrantor said:
It sure looks like it is heading that way, I wonder if it will keep dropping?

Am I the only one that is putting off making big purchases until things have settled?
Click to expand...
We all decide it together, so if you want to know, make a poll, and hope for honest answers. :D
I look at a reflection of what they do, and at the moment, the answer is yes. Yet, things can change, and did change in the past, so over some weeks my answer might be different.
 
ego2spare said:
Silver never settles. One month it could be enron the next month could be apple. If you had to chart how you think silver is going to move over the next 3 years. You might as well just give a 4 year old an etch a sketch.
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This made me laugh. Thanks :lol:
 
Of course it will drop below $21 and will likely drop below $19 again in the weeks to come. We are not yet out of consolidation and widespread sentiment is still not bullish for silver.

It will take some time before the market makes long lasting and steady gains.


.
 
Watching this last week (I think) it went down every morning about 15-20 cents, so this morning at the 20 cent down mark, I ordered 100 ounces,, now it's down 54 cents. So I am now waiting to see if it will go down even more,, will probably still be a 54 cents when I leave for work, thinking it will go a bit lower, then after work it will be up a dollar.
 
It will drop further!
Let's wait to buy!
Oh, it rose!
Let's buy! Quick! Hurry!
Oh, they don't wanna pay our higher price!
Damn!
Let's sell! Quick! Hurry!
It will drop further!
Oh, ...
 
I've updated the chart from earlier in the thread with some technical analysis:

Bz3DmNa.jpg
 
SilverPete said:
I've updated the chart from earlier in the thread with some technical analysis:

http://i.imgur.com/Bz3DmNa.jpg
Click to expand...
That's the most interesting technical analysis I saw so far.
I would like to see a fisheyed triangle in it though. Saw some talk about it recently but so far I was unable to visualize it. Yes, I tried dope but I only saw some psychedelic fullscreen flashes. No dots lines whatever. And I got a cater later.
 
SilverPete said:
I've updated the chart from earlier in the thread with some technical analysis:
Click to expand...

I like the dick & balls pattern. :lol:

And for old time sake, the fundamentals version:

4088_fundchart.jpg
 
don't think it will go below $20 aud otherwise not worth mining silver. But if it does ;) lets get stacking.
 
wrcmad said:
SilverPete said:
I've updated the chart from earlier in the thread with some technical analysis:
Click to expand...

I like the dick & balls pattern. :lol:

And for old time sake, the fundamentals version:

http://forums.silverstackers.com/uploads/4088_fundchart.jpg
Click to expand...
Where are the production figures?
The tonnes stockpiled?
The Moz demanded and for which purpose?
The production costs?
The prospects results?

Fundamentals version?
Fundamentals where?
On the level of the dicks & balls instead of the floor? :lol:
 
Pirocco said:
wrcmad said:
SilverPete said:
I've updated the chart from earlier in the thread with some technical analysis:
Click to expand...

I like the dick & balls pattern. :lol:

And for old time sake, the fundamentals version:

http://forums.silverstackers.com/uploads/4088_fundchart.jpg
Click to expand...
Where are the production figures?
The tonnes stockpiled?
The Moz demanded and for which purpose?
The production costs?
The prospects results?

Fundamentals version?
Fundamentals where?
On the level of the dicks & balls instead of the floor? :lol:
Click to expand...

Fundamentals doesn't require figures, demand, costs, etc, etc.
Just requires excuses. :P
 
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