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my thoughts on the current silver situation
Posted:
Wed May 16, 2012 7:54 amby lance
I think someone is controlling the price...hoping to scare people into not buying but selling their silver before it goes lower...im also talking physical silver...it will probably go lower and lower...but i still have alot of faith....silver will skyrocket and stay high sooner or later.
Re: my thoughts on the current silver situation
Posted:
Wed May 16, 2012 8:12 amby Country
I think it's a 2008-like liquidation coming from Europe. Consolidation should appear soon.
Re: my thoughts on the current silver situation
Posted:
Wed May 16, 2012 8:37 amby lance
Why is europe selling?
Re: my thoughts on the current silver situation
Posted:
Wed May 16, 2012 8:55 amby barrytrot
lance wrote:Why is europe selling?
To buy food
Re: my thoughts on the current silver situation
Posted:
Wed May 16, 2012 9:06 amby franklin
Seems to me it is tied to the current value of the dollar. Turmoil in Europe increases: value of our dollar increases: silver and gold 'value' decreases.
Re: my thoughts on the current silver situation
Posted:
Wed May 16, 2012 9:09 amby Ardent Listener
All the commodities are down due to the world wide economic slowdown. Question is will it continue to get worse or start to come out of it relatively soon? I think you will start to see higher prices with optimistic news rather than negative economic news. Not what many may have been lead to believe for all these years. At least for now it is a new ball game.
Re: my thoughts on the current silver situation
Posted:
Wed May 16, 2012 10:03 amby justoneguy
Ardent Listener wrote: Not what many may have been lead to believe for all these years. .
+1
Re: my thoughts on the current silver situation
Posted:
Wed May 16, 2012 11:31 amby SilverDragon72
More opportunities to buy!
Re: my thoughts on the current silver situation
Posted:
Wed May 16, 2012 11:38 amby neilgin1
barrytrot wrote:lance wrote:Why is europe selling?
To buy food
+1000