So, where's the bottom on this correction?

Comments

• Weiss Posts: 9,942 ✭✭✭✭✭

  April 25, 2011 1:44PM

  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?

  We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
  --Severian the Lame
  

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• roadrunner Posts: 28,371 ✭✭✭✭✭

  April 25, 2011 1:47PM

  $43.00 to $45.00 will probably cover it.
  
  roadrunner

  Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold

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• derryb Posts: 38,549 ✭✭✭✭✭

  April 25, 2011 1:50PM

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

  Velocity, Not Valuation Defines A Bubble.

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• OnlyGoldIsMoney Posts: 3,541 ✭✭✭✭✭

  April 25, 2011 2:20PM

  
  
  << <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.

  NO END IN SIGHT LIB $2.50'S CAC ONLY
  https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
  
  March of Time - 27 Centuries in Gold
  https://coins.www.collectors-society.com/WCM/CoinCustomSetView.aspx?s=36590

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• RedHerring Posts: 2,077 ✭

  April 25, 2011 2:32PM

  
  
  << <i>So, where's the bottom on this correction? >>
  
  
  
  Depends on where JPMorgan wants it to be.

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