Are we going to see sub $20 silver again this year?

I see silver is coming back down again, and wonder if we will see sub $20 silver again by years end. I know the Syria situation could make this rise again, but outside of that, is there a reason for silver to rise again if the economy continues to improve based on what the Fed is saying?

 

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Others see it, but I don't. I could see dropping down to $21 maybe, but for some reason do not think we will see sub $20 again this year.

Is there a REASON silver can't? No, none at all. So my prediction, like most, is worth what you pay for it here on CT.

 

Trying to predict silver is like trying
to predict women. I never could get
that right. But I do know the secret of the
fed: Political

 

Lol, who can?

 

I say bring on $15 silver. I'm getting anxious to buy some silver again!!!

 

I could see a pullback to $21 but we bottomed this summer. That being said, I'll probably be wrong and we'll hit $14 by Christmas. ;-)

 

I hope it drops a bit so I can buy some again. I wasn't buying over $25. The last time I bought it was at 18 times face, and if it drops below that I'm going to look around again.

 

it might

 

Noice!

 

If it goes below $20 I'm buying

 

I never stopped buying even when it was in the $40 range......I was just mainly buying older art bars and other silver with premiums, (as I have always collected older silver) but with it back in the 20s, it has given me a good opportunity to buy more common silver once again....ASEs, etc.

But to answer the question if I think it will go under $20?....It might flirt with it, but somebody always comes in and buys the motherlode of it to drive it up again. Besides, with the honest and upright people at JP Morgan announcing that they will be getting out of the metals, (as well as more investors not falling for the scare tactics of brokerage houses regarding PMs) I think We could finally see the start to an accurate reflection of the spot price of silver. However I can also see a lot of turbulence for the metals in general as the silver refiners are projecting heavy losses if spot prices continue as they are.

 

this post makes a lot more sense now than it did this morning! nice call scfy!

 

I think the rout in gold has to be
affecting the psyches of silver
investors-Little Mommy following
Big Daddy. And if the Sachigoths
are right the rout in gold could
get worse.

http://mobile.bloomberg.com/news/20...low-1-000-as-u-s-economy-gains-1-.html?cmpid=

 

Goldman sees Gold under a $1000, yet they see a strong future for their worthless FIAT backed up only by magical fairy dust from the boys at the Federal Reserve.

 

Yes , but it will probably be down amid the cries of manipulation

 

Well, based on the vote above, it appears we have a answer. Its almost 50/50 and I think that is how the market in general views it as well. Thats why we see such a spike happen weekly with the PMs

 

It is almost certain....

 

I believe silver will see $19.70 by year end, regardless of someone bombing Syria. I'm not voting, since I wasn't offered an unqualified sub-$20 option.

 

It does say under $20, that would be your choice, so you can vote,

 

As Doris Day sang many times, "Que sera sera" and there's not a darn thing we can do about it. Nobody knows what will happen in the next 10 minutes much less by the end of the year. So, buckle up, sit back and enjoy the ride, in whatever direction it may lead.