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<p>[QUOTE="dannic113, post: 1442435, member: 35203"]Wow you stole my thunder I was going to post a floor of 10-15 for silver and 800 for gold. I'd be a buyer again at no more than 20S/950G. We are probably two years from that price. The drop for me right now is four fold 1) european and global uncertainty, 2) too many people are cashing gold and silver in right now to pay bills, mortgages etc. so supply catches demand 3) our economy is slowly staggering away from the bottle of depression pills and getting healthy-ish but won't be healthy till it gets it's stomach pumped. 4) we are in an election year. believe it or not it matters a bit. regardless of who wins presidency or congressional elections if we get a year of two of what we have had for monetary policy the past 4-6 years we are back in the hole, back under water as a collective whole and back to 2000G and 50S. Things get better and start changing after Nov. the correction/fall will start start in earnest.[/QUOTE]</p><p><br /></p>
[QUOTE="dannic113, post: 1442435, member: 35203"]Wow you stole my thunder I was going to post a floor of 10-15 for silver and 800 for gold. I'd be a buyer again at no more than 20S/950G. We are probably two years from that price. The drop for me right now is four fold 1) european and global uncertainty, 2) too many people are cashing gold and silver in right now to pay bills, mortgages etc. so supply catches demand 3) our economy is slowly staggering away from the bottle of depression pills and getting healthy-ish but won't be healthy till it gets it's stomach pumped. 4) we are in an election year. believe it or not it matters a bit. regardless of who wins presidency or congressional elections if we get a year of two of what we have had for monetary policy the past 4-6 years we are back in the hole, back under water as a collective whole and back to 2000G and 50S. Things get better and start changing after Nov. the correction/fall will start start in earnest.[/QUOTE]
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