Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Over night market goes down heavy leading into the new week, whats next?
>
Reply to Thread
Message:
<p>[QUOTE="vpr, post: 1732257, member: 41554"]Just shows how incredibly biased we stackers can be. Many times in history, during bear markets, prices of commodities fall below cost of production and stay that way for extended periods of time. This doesn't mean anything. Some mines will lower production, but remember that silver is continuously extracted from the ground and very little is "lost forever". A lot of the silver in electronics, jewelery etc is recycled. </p><p><br /></p><p>I'm not saying that the bull market is over, but don't expect any quick rebounds. We will likely get back to "shocking lows". Remember that China's slowdown hasn't started yet. Maybe in a year, China will really slow down and then we can see silver at under $10/oz. Gold at $600 again. Definitely possible. I'm only buying when i find private individuals selling for low premiums. I'm not buying anything from dealers.[/QUOTE]</p><p><br /></p>
[QUOTE="vpr, post: 1732257, member: 41554"]Just shows how incredibly biased we stackers can be. Many times in history, during bear markets, prices of commodities fall below cost of production and stay that way for extended periods of time. This doesn't mean anything. Some mines will lower production, but remember that silver is continuously extracted from the ground and very little is "lost forever". A lot of the silver in electronics, jewelery etc is recycled. I'm not saying that the bull market is over, but don't expect any quick rebounds. We will likely get back to "shocking lows". Remember that China's slowdown hasn't started yet. Maybe in a year, China will really slow down and then we can see silver at under $10/oz. Gold at $600 again. Definitely possible. I'm only buying when i find private individuals selling for low premiums. I'm not buying anything from dealers.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Over night market goes down heavy leading into the new week, whats next?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...