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<p>[QUOTE="passantgardant, post: 1176000, member: 30033"]I highly doubt it will get anywhere near $20 again. That would be a 60% drop from the top. I think we're already overdone at these levels. Neither gold nor mining stocks are confirming the silver collapse. It seems to be a futures market artificially induced move -- raising margin requirements 5 times! Plus a leaked rumor about Soros selling silver. Gold only fell 5%. Many of the stocks are back to where they were a week or so ago. And silver is already at the 100-day ema, which is what defined the bottom in January. I'm all-in at these levels and putting it on margin if it goes any lower. I think you'd be a fool to be in cash now, expecting to get in lower.[/QUOTE]</p><p><br /></p>
[QUOTE="passantgardant, post: 1176000, member: 30033"]I highly doubt it will get anywhere near $20 again. That would be a 60% drop from the top. I think we're already overdone at these levels. Neither gold nor mining stocks are confirming the silver collapse. It seems to be a futures market artificially induced move -- raising margin requirements 5 times! Plus a leaked rumor about Soros selling silver. Gold only fell 5%. Many of the stocks are back to where they were a week or so ago. And silver is already at the 100-day ema, which is what defined the bottom in January. I'm all-in at these levels and putting it on margin if it goes any lower. I think you'd be a fool to be in cash now, expecting to get in lower.[/QUOTE]
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