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<p>[QUOTE="mikem2000, post: 1732191, member: 30574"]Aren't we always surprised when markets swing past equilibrium? I never in my wildlest dreams thought the DJIA could dip into 6000's a few years back, but it did. The pendulum swung too far. We all know this happens but we are all surprised (me too) when it does. Funny when you think about it. When that dang pendulum starts moving, it is really hard to stop it. </p><p><br /></p><p> I think the silver pendulum got some more to go. More important though with silver, we are really just talking about matching inflation and not building weath, so I have a hard time itching to get into something, being afraid to miss it so to say, when the reward is simply that not great. So my take on silver is it is heading lower and patience is the key. Just when you think it just cannot get any lower, wait a bit more and see if it does<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 1732191, member: 30574"]Aren't we always surprised when markets swing past equilibrium? I never in my wildlest dreams thought the DJIA could dip into 6000's a few years back, but it did. The pendulum swung too far. We all know this happens but we are all surprised (me too) when it does. Funny when you think about it. When that dang pendulum starts moving, it is really hard to stop it. I think the silver pendulum got some more to go. More important though with silver, we are really just talking about matching inflation and not building weath, so I have a hard time itching to get into something, being afraid to miss it so to say, when the reward is simply that not great. So my take on silver is it is heading lower and patience is the key. Just when you think it just cannot get any lower, wait a bit more and see if it does:)[/QUOTE]
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