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1. Re: Do you think $30 and below silver is gone forever?

   

   Comment by DoubleEagle59 · April 20, 2011 12:57PM · Home› Precious Metals

   I believe $27 is the low. My reason is this. At the current price of Gold, if the GSR was at 55, then the current price of Silver would be $27.00. If there is a major economic slowdown, the 'industrial' equation of silver's strength will greatly diminish, while gold will stay strong (think Fall 2008). That is, the GSR will…

2. Re: Do you think $30 and below silver is gone forever?

   

   Comment by roadrunner · April 21, 2011 1:19AM · Home› Precious Metals

   The silver chart and its recent run-up (since Fall 2010 to the present) is so parabolic in nature, that there just 'has' to be a correction. I have NEVER seen any stock or asset class have this parabolic rise and maintain its level (even if it goes sideways) and never have a correction. The exception would be the ability…