Duh, of course it is. It's not going above $25 ever again. It will probably break $20 before the end of May. The bears are here, and they will eat our flesh all! Sell now, take your loss, write it off on your taxes, and, if you absolutely must (not smart!) buy twice the amount of silver you sold a year from now, for the same price.
this is whats happening, the ill informed oanic and sell their silverr only to bight the dust when they need it most and dont have it.
most people dont, mainly its in their human nature to not believe what goes against what they believe. i wont critisize you, and i hope you wont critisize me.
Silver sitting in the current range for the next two years would NOT mean an economic collapse. Silver is slightly oversold right now, but I still maintain that it may dip to $17 before settling into the $24-$27 range next year:
the more money that is printedd, the more silver goes up, the value of the dollar has a huge effect on the price of silver. in the 80s the ddollar was wworth more than it is today, thus silver is worth about the fixed price of goldd in the late 1800s early 1900s.