POLL: Reaching and staying >$20 Silver might as well be...

piecesofme

$50 Silver. With Summer 'round the corner, what's your thoughts?

Higher, lower, more of the same or
all of the above?

bronco2078

I vote about the same . Better to keep stacking that way

ArizonaJack

About the same. Midterm elections in November........"they" want smooth water ahead, no turbulence. ?.....who is "they" I do not know

MGLICKER

Wherever Barclay's wants it I suppose.

JohnnyCache

About the same would be my take.

PerryHall

It'll move sideways for awhile unless there is a major crisis.

tneig

Up $3

piecesofme

I wanted to change the Poll but it's prolly too late now.

The other question for vote I wanted to add was:
It will be >$3 from $19.50 and <$3 from $19.50 by Sept. 1

perkdog

I voted right about the same, and I hope it is as I been stacking pretty good recently and would like to continue to add to the pile but will refrain if it gets north of $25.

hammered54

right where it's been......unless of course I decide to sell.

Jinx86

I see a small slow downward pattern coming. Another 50c drop here and there ending up at $17.25

johnny9434

i think it will eventually drift downward but wont hold there. itll come back to $19.50/oz

19Lyds

Silver (and Gold) has been on a slow death spiral since 2011 and I expect it to spiral down even further.

It is so reminiscent of the death spiral of so many stocks in late 2008 that it kinda like watching a slow motion train wreck! You know whats going to happen yet you just cannot turn away!

Buy? Sell? It won't matter since the market is simply saturated with silver as a pseudo investment commodity. The US Government alone has sold over 19 million ounces so far just this year alone. How many ounces in the publics hands does it take before it becomes common? Exactly how many ounces have been mined and sold since 2009's 30+ Million ounce sales year?

Needless to say, I'm not feeling real spunky about where silver is going to end up.

On the other hand, $7.00 Silver Eagles sound pretty good for the next run up.

chumley

I think $18 and that is where it was when I started collecting...so I,m cool with it

ricko

Up $3..... lots of time twixt now and then with an unstable world economy.... Cheers, RickO

Timbuk3

Down the dumpster, -$5 !!!

TwoSides2aCoin

Stable like it's melting point. Not real exciting in the volatility department. And this is a good place to wade, or swim. Hard to sink if you're swimming and it's hard to find a better time to take a dip. No need to back up the truck in the wading pool and there's no cents in waiting by it.

fc

<< <i>Silver (and Gold) has been on a slow death spiral since 2011 and I expect it to spiral down even further.

It is so reminiscent of the death spiral of so many stocks in late 2008 that it kinda like watching a slow motion train wreck! You know whats going to happen yet you just cannot turn away!

Buy? Sell? It won't matter since the market is simply saturated with silver as a pseudo investment commodity. The US Government alone has sold over 19 million ounces so far just this year alone. How many ounces in the publics hands does it take before it becomes common? Exactly how many ounces have been mined and sold since 2009's 30+ Million ounce sales year?

Needless to say, I'm not feeling real spunky about where silver is going to end up.

On the other hand, $7.00 Silver Eagles sound pretty good for the next run up. >>



agree. i want silver at 10 bucks an ounce. i will start buying.

derryb

Current intermediate term, unwritten caps (because it is illegal) on gold and silver are 1275 and 20 respectively. Have been for a while and will continue for a while. This is vital info for the PM paper player.