Now where is silver headed?

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Now where is silver headed? by coinsarefun on 30 May, 2011 18:53
After the latest run up and sharp drop/adjustment where is it headed?

Will it stabilize? Or continue a slow rise?
Reply #1 by AnkurJ on 30 May, 2011 21:31
I will predict it will hit $45 soon, and then there will be another major sell off bring it back down to $38.
Reply #2 by coinsarefun on 30 May, 2011 22:04
Quote from: AnkurJ on 30 May, 2011 21:31
I will predict it will hit $45 soon, and then there will be another major sell off bring it back down to $38.

I have been thinking about the same line of thought as you. The only
difference being it may even drop to $30 and stay for awhile
Reply #3 by walmann on 31 May, 2011 22:13
With the government printing money the way they are (monetarizing the national debt) it looks like silver and any commodity of value for that matte,r will be on a upward climb. If it gets bad enough people will learn not to hold dollars, move it into some other vehicle that will retain value.
Reply #4 by coinsarefun on 10 Dec, 2012 12:06
Lets revisit and discuss