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Once silver drops below $10, how low will it go?

Bayard1908Bayard1908 Posts: 4,060 ✭✭✭✭
in Precious Metals
I have no personal opinion, but, am curious.

Comments

  • storm888storm888 Posts: 11,701 ✭✭✭
    Something between $6 and $8 is the correct price.
    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • fcfc Posts: 12,793 ✭✭✭
    i am going to say that this bearish mentality will last for months easy
    and it will bottom out at 8.50 an ounce.

    amazing how i thought it would bottom out at 11-12 just a few months
    ago. my how things change. i never expected the bulls to turn to
    bears in a matter of a week or three almost all at once.
  • morgansforevermorgansforever Posts: 8,462 ✭✭✭✭✭
    No one knows with any clarity. IMHO this is low enough. The problem is, who's selling at these levels?

    Some analyst say the second half of the PM Bull Run for is gonna be big.

    Unforntunatly, storm888's prediction is the same thing I heard this morning, at a local B&M.

    What lies in the future is anyone's guess, i.e terrorist attack at an oil port, war, massive Cat5 hurricane tearing through the Gulf of Mexico, etc..

    Scott


    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    If it goes to single digits I would be happy. If not and it stays around 10-15 dollars I'll still be happy.
    I'm in this for the long run and its a small investment for me. I would have used the money for fast food and other things I really didn't need.
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