Lemon Thrower wrote:i disagree with the premise that silver will stay low for an extended period and haven't seen any reasons why it should posted in this thread. it may, but no one has suggested a reason why it might.
avidbrandy wrote:So I didn't realize margin requirements had gotten raised again. Gold AND silver at the same time. that's a first. I guess we should have known. They just keep trying to keep it down.
Market Harmony wrote:Lemon Thrower wrote:i disagree with the premise that silver will stay low for an extended period and haven't seen any reasons why it should posted in this thread. it may, but no one has suggested a reason why it might.
There will undoubtedly be fluctuations, both the drastic kind and the steady kind. And either one of these could be up or down. However, a $10 haircut in 2 days will most likely never be matched by a $10 increase in 2 days. Liquidity issues are the cause of a sharp decline in bull markets. On the other hand, an upswing in prices typically is a much slower and steady climb in a bull market, and is capped by a fast move higher which sucks up liquidity, causing a new decline.
Based on these loose presumptions, which are based on historical price movement analysis, there is a high probability that PM's will find a new level of support, build a base on that level, and then begin to rise slowly to new levels of price resistance. This period of time will most likely not be short. The drastic price declines we've witnessed will not be easily digested by the market. Once it is all settled, then a new market structure is formed, and the price direction at that time will reflect more fundamental-centric minds building their new positions. Whether that be short or long.
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