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Are we going to see sub $20 silver again this year?
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<p>[QUOTE="mikem2000, post: 1792848, member: 30574"]Patience <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> For an MB to be at 10K, spot would need to $18 or so. Most would say the would be fairly valued silver. I am just not sure I want to pay fair price for Ag though. As you are well aware, markets ALMOST always seem to over correct. I am just not very interesteded in paying "fair" price for an asset that historically will only meet inflation (break even). If silver does overcorrect (odds are it will) we could easily see $13 silver and that would put an MB at around $7500, which in my opinion would be cheap silver and greatly increases the odds to beat inflation and BUILD weath instead of just hedging. If it does not overcorrect on this run, well there are probably better things to buy <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 1792848, member: 30574"]Patience :) For an MB to be at 10K, spot would need to $18 or so. Most would say the would be fairly valued silver. I am just not sure I want to pay fair price for Ag though. As you are well aware, markets ALMOST always seem to over correct. I am just not very interesteded in paying "fair" price for an asset that historically will only meet inflation (break even). If silver does overcorrect (odds are it will) we could easily see $13 silver and that would put an MB at around $7500, which in my opinion would be cheap silver and greatly increases the odds to beat inflation and BUILD weath instead of just hedging. If it does not overcorrect on this run, well there are probably better things to buy :)[/QUOTE]
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Are we going to see sub $20 silver again this year?
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