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Might be time to sell some silver soon...
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<p>[QUOTE="Heavymetal, post: 26234981, member: 96124"]That’s about 14% under spot. </p><p>With market volatility lately that’s reasonable. Remember, the dollar index is down to 97.86 from 109.35 on Jan 20, a 10%+ currency move of huge proportion. Same timeframe silver up 17%, from 31.14 to 36.71. US buck ain’t worth as much now </p><p>About 10% downside possible in the buck </p><p>I’m old and selling into the euphoria </p><p><br /></p><p>I’d need 10% behind spot to buy physical now.[/QUOTE]</p><p><br /></p>
[QUOTE="Heavymetal, post: 26234981, member: 96124"]That’s about 14% under spot. With market volatility lately that’s reasonable. Remember, the dollar index is down to 97.86 from 109.35 on Jan 20, a 10%+ currency move of huge proportion. Same timeframe silver up 17%, from 31.14 to 36.71. US buck ain’t worth as much now About 10% downside possible in the buck I’m old and selling into the euphoria I’d need 10% behind spot to buy physical now.[/QUOTE]
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