Message:

<p>[QUOTE=&quot;mikem2000, post: 1728018, member: 30574&quot;]Chris has done a good job explaining why it will not &quot;stay&quot; at $22.&nbsp; I agree, we will not see steady silver for a while.</p><p>&nbsp;</p><p>The odds are you will like the price better in August than in June. The reasons are the same that drove it down to $22.&nbsp; Regardless, of how much it dropped, Silver is still NOT cheap.&nbsp; It was only a hand full of years ago when Ag was trading consistently in the 12-13 range and not that that much longer it was trading at $6.</p><p><br /></p><p>Looking at the big picture, it does not appear the Fed is serious about tightening now..&nbsp; With that said, I can&#039;t stress the wall street axiom enough. &quot;Don&#039;t fight the Fed&quot;.&nbsp; The equities market should continue to improve, which in turn makes PM&#039;s less attractive. So you couple that with the fact that Silver is still not cheap, and the fact we are in improving economic conditions, the logical conclusion is lower Ag prices</p><p><br /></p><p>We will see.[/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