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<p>[QUOTE="medoraman, post: 1370970, member: 26302"]I do not see $6-7 silver either, even $15 silver. I see way too much uncertainty and at this point too many people thinking about PM as an investment to "crash". I could see $25 or a little lower possibly, but not a full fledged crash. For it to crash I would have to see a few years of basically better investment options and silver slowly but surely going down. That may be enough to force the sale of some excess positions and drive prices lower. </p><p><br /></p><p>One thing to note is I believe if silver does drop I believe you will see higher premiums from dealers believing it will recover. This is a bad part about buying physical, you have overcome dealer buy/sell spreads, which can spread at the dealer's discretion.</p><p><br /></p><p>Btw I am not predicting any major correction. I think around $25 silver is fairly stable supply/demand both from cost of production and from a 100 year price perspective. I simply view silver between $20-35 as normal range right now for the metal, and over $35 maybe a little stretched, but equally below 20 as a buy opportunity. I would love it personally, as I would love to be able to buy more coins that happen to be silver at a lower price.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1370970, member: 26302"]I do not see $6-7 silver either, even $15 silver. I see way too much uncertainty and at this point too many people thinking about PM as an investment to "crash". I could see $25 or a little lower possibly, but not a full fledged crash. For it to crash I would have to see a few years of basically better investment options and silver slowly but surely going down. That may be enough to force the sale of some excess positions and drive prices lower. One thing to note is I believe if silver does drop I believe you will see higher premiums from dealers believing it will recover. This is a bad part about buying physical, you have overcome dealer buy/sell spreads, which can spread at the dealer's discretion. Btw I am not predicting any major correction. I think around $25 silver is fairly stable supply/demand both from cost of production and from a 100 year price perspective. I simply view silver between $20-35 as normal range right now for the metal, and over $35 maybe a little stretched, but equally below 20 as a buy opportunity. I would love it personally, as I would love to be able to buy more coins that happen to be silver at a lower price.[/QUOTE]
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