So, where's the bottom on this correction?

vibr0nic

We're now below $45 after tempting $50 just about 24 hours ago...

Speculate away - where are we bottoming out?

Weiss

I dunno. But if you feel yourself start to panic, try this: 2 weeks ago silver was ~ $40 an ounce. Pull up Kitco's 30-day silver chart. Now take a big black sharpie marker and cross out the last two weeks on your computer monitor.

Viola! Silver's trading at more than 10% above where it was 2 weeks ago.

Feel better?

roadrunner

$43.00 to $45.00 will probably cover it.

roadrunner

derryb

won't see any improvement before Wednesday's FED "press conference."

OnlyGoldIsMoney

<< <i>won't see any improvement before Wednesday's FED "press conference." >>



Agreed. Its all about Wednesday. The bottom may not be in until Thurday or Friday.

RedHerring

<< <i>So, where's the bottom on this correction? >>



Depends on where JPMorgan wants it to be.