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Now where is silver headed?
by coinsarefun on 30 May, 2011 18:53
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After the latest run up and sharp drop/adjustment where is it headed?
Will it stabilize? Or continue a slow rise?
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Reply #1
by AnkurJ on 30 May, 2011 21:31
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I will predict it will hit $45 soon, and then there will be another major sell off bring it back down to $38.
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Reply #2
by coinsarefun on 30 May, 2011 22:04
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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
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Reply #3
by walmann on 31 May, 2011 22:13
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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.
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Reply #4
by coinsarefun on 10 Dec, 2012 12:06
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Lets revisit and discuss
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