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<p>[QUOTE=&quot;1970 Silver Art, post: 1171367, member: 18828&quot;]Speaking for myself,&nbsp; I am short-term bear-ish on silver but I am long-term bullish on silver (and gold).&nbsp; When something, like silver, goes up 83% in 2010 and then goes up another 50% in 2011, that will make me short-term bear-ish on silver meaning that I expect it to go down very soon.&nbsp; It will go down more than the $4 down day we saw yesterday in my opinion.&nbsp; However, long-term, nothing has changed with the negative fundamentals of the U.S. dollar and the financial state of the U.S. gov&#039;t.&nbsp; Those two things alone IMO will keep silver (and gold) to continue to go up long term and silver will eventually hit (and surpass) $50.&nbsp; In the short-term (2011 ONLY), silver will NOT hit $50 and instead it will continue to go down and will more than likely break $40 on the downside.&nbsp; The $4 &quot;correction&quot; is just the beginning in my opinion and I see more downside for silver coming especially entering the traditionally weak season for gold and silver.&nbsp; &nbsp; </p><p><br /></p><p>It is not me &quot;desperately&quot; wanting to see silver valued like tin or anything else but I am just seeing it as something that ran up too far too fast and it will go down and it will go down much more than that $4 &quot;correction&quot; that occurred yesterday.&nbsp; I just call it as I see it.&nbsp; $50 is the resistence level and I do not think that it will hit that $50 after it has gone up 83% in 2010 and is up another 50% in 2011.&nbsp; Besides, it is still a small and easily manipulated market that is manipulated by JPMorgan and others and they will continue to try to push the price down for as long as they can.&nbsp; &nbsp; </p><p><br /></p><p>That is my take on silver for 2011.&nbsp; I am NOT an expert.&nbsp; I do not claim to be an expert.&nbsp; This just my gut feeling speaking to me.&nbsp; I do not have anything to back this up with.&nbsp; I am not a TA analyst or a chart expert and those things might disagree with my gut feeling but I am sticking to what I said about silver in the short term because I feel that I will be right.&nbsp; I am just a silver art bar collector.&nbsp;&nbsp; Nothing more nothing less.&nbsp; </p><p><br /></p><p>Either way, it is a win-win situation for me as far as I am concerned.&nbsp; If my gut feeling ends up being wrong and silver does surpass $50, then I win because I own physical silver (in the form of 1-oz silver art bars) and it just means that my silver art bar collection has gone up in $ value on the metal content.&nbsp; If my gut feeling is right and silver does NOT hit $50 in 2011 and instead it continues to go down and breaks $40 on the downside, then I can (hopefully) buy the silver art bars that are on my silver art bar wish list at the local coin shop or local coin show for a lower price (if .999 generic silver premiums are reasonable).[/QUOTE]</p><p><br /></p>

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