What Value of Silver will we be giving thanks for in Nov?

[beauanderos]

$25 is a given and may even happen today (in the overnight markets)... but how high will Silver run this month, now that more scrutiny is being directed towards JPMorgan and HSBC and their shorting? We also have QE2, which may or may not already be priced into the market. What say you? Will we see $26 soon? $27? Will we be lifting glasses of our favorites on Thanksgiving Day and toasting to the continued health of $28? Could we possibly hit $30? November is traditionally a fairly strong precious metals month, so with a fair wind at our backs... how far can Silver sail?

[Rodebaugh]

well Oct gave us a run from 21.90ish to close at 24.70ish.

Almost $3 or 13.6%

Soooooooooo: $28.08 by months end calculated by the current rate of the running Oct bull.

[Dvorak]

I'm about as bullish on metals as you can get, but I think we'll see a drop after the election. Uncertainty tends to do funny things to markets and after the dust settles, they seem to calm down (in my limited observation). I think $22 is where it settles around Thanksgiving, before starting to push up again (when people realize we just elected a bunch of different self-interested crooks).

[Thogey]

Man, I don't want to sell..... or buy now.

[aristobolus]

Hit $25.00 and rising

[Rodebaugh]

ready to see that $25 ish open.