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I've seen some rounds below $24 today.
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Silver seems to be bouncing off of an invisible floor here. I think 19 and change might be our new "hard bottom" for now. With the volatility mentioned over and over in other threads, and the mismatch between true demand and actual available metal, the fireworks show is setting up to be pretty epic.
I can't fookin wait!
I have a feeling there will be at least one more healthy dip down to around $20 maybe under again. If I had to guess I would say Dec. 2013 - Jan. 2014 would be my gut feeling. Several times the last few years there's been a dip around that time period and a lot of people are still struggling so they are probably selling off their silver to make Christmases better and/or pay off any bills after Christmas they ran up for it.
Am I the only bull left?
Am I the only bull left?
I think silver will be just fine through the end-of-year period. The imminent war with Syria may complete the destabilization of the MENA, which will send oil in to the stratosphere, especially if the Iranians and Russians get involved. It will only take one sunburn missile to do the trick. i think all bets are off until Syria is decided once and for all. In my opinion, Syria will become a swamp of extremist activity approaching anarchy if the regime is toppled and removed. expect a lot more on this event in the coming weeks.
Go silver!
Am I the only bull left?
Some think Syria will be partitioned into two states. One for the regime (with gas and Russia) and the other for (your name here). Everybody gets half a loaf.
Down the last few days. Under $24 had to sneak in and drop a c note + on a couple maples and handful of junk coins.
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