Message:

<p>[QUOTE=&quot;InfleXion, post: 1440985, member: 29012&quot;]In 2008 silver dropped roughly 60% from $21 to $8 before hitting $49 last year. If we were to see an exact repeat of this behavior on a percentage basis we would first need to see the previous high of $49 drop down to $20 before running up $114/oz. For the bull market to be over I would need to see $20/oz sustained in the absence of a deflation scare which I believe we are entering into. Greece is in a bind right now, and people are running to the USD so metals are under pressure when denominated in dollars, but gold is still in positive territory for the year when priced in Euros. This disparity will probably continue, but eventually the dollar will lose its luster to metals once the Euro situation has run its course.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in