I went to a show two weeks ago. Traded in a few ounces and some cash on a higher dolllar numismatic item. Two weeks later, silver's up $6/oz! Hard to keep up with this.
Just look back to the early 1980's. I sold common half dollars(90%) for $22 each on a Friday and two weeks later I bought a UNC roll of Franklin halves for $12.50 each. This market can drop as fast as it goes up.
Nobody knows for sure, but I think there is a good chance since the all-in cost of production is probably somewhere in the low $20s. But it might go a lot higher before it drops into the $20s, and it may not be a good time to buy. Sometimes a huge drop like that can kill investor demand for a generation, and the price doesn't recover quickly.
but was not that drop do to the Hunt Brothers attempt to manipulate the market? and @cloud sweeper I am done buying not really into PM to make a killing just enjoy silver and coins.
