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<p>[QUOTE=&quot;WingedLiberty, post: 1173562, member: 26030&quot;]Kifeter,&nbsp; I hear what you are saying.&nbsp; The speed of this move downward has been breathtaking.&nbsp; I think you might be right that silver will overshoot on the downside.&nbsp; I also thought that $35 will be a good support level, however I wouldn&#039;t be that surprised after this collapse, if it sold down closer to $30.&nbsp;&nbsp; </p><p><br /></p><p>If you are looking to build a larger silver position, I would try to pick up physical silver on this sell off ... maybe buying a bit in here around $35 ... and picking up more every time it drops another $2 to 3 an ounce.&nbsp; Tell you one thing though ... In the high 20&#039;s, I would go very long on paper silver in my retirement accounts again.&nbsp; I intially said I would do that at $35, but the speed of this decline, along with the marked selloff in all the risk-asset markets is making me more cautious.&nbsp; </p><p><br /></p><p>I still have a big silver position in coins which I bought for long term (retirement), so unless the U.S. adopts a hard money strong dollar policy, I am not selling that.[/QUOTE]</p><p><br /></p>

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