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Silver: "How low can you go?"
ChrisRx
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August 16, 2008 5:11AM
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Precious Metals
Predictions?
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Overdate
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August 16, 2008 5:22AM
It depends on whether it's physical silver. I notice that 100 ounce silver bars on auction sites are attracting bids of over $1,400 - and some of these bids were placed *after* Friday's silver close below $13.
My Adolph A. Weinman signature
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FishyOne
Posts:
376
August 16, 2008 5:26AM
APMEX is selling junk silver at 9.5X face or about $13.50/oz.
I don't see single digit silver prices coming but you never know.
There are a lot of buyers right now and they're looking for $13/oz silver.
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storm888
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August 16, 2008 5:26AM
I am betting on <$6, by Q2, 2009.
BUT, I may well blink and cover any SHORTS when I see $8+/-.
It is not always easy to stay nerved-up when you see that
old bird in the hand.
Obviously, none of US have any "inside info." It's all pretty
much gambling and guessing.
Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
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TrustNo1
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August 16, 2008 5:59AM
I wish it would hit $5 again but doubtful....I say it hovers near $11
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My Adolph A. Weinman signature
APMEX is selling junk silver at 9.5X face or about $13.50/oz.
I don't see single digit silver prices coming but you never know.
There are a lot of buyers right now and they're looking for $13/oz silver.
BUT, I may well blink and cover any SHORTS when I see $8+/-.
It is not always easy to stay nerved-up when you see that
old bird in the hand.
Obviously, none of US have any "inside info." It's all pretty
much gambling and guessing.