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<p>[QUOTE=&quot;InfleXion, post: 1258128, member: 29012&quot;]The article says this is the weakest jobs report since September 2010, which some people think bolsters support for monetary easing. I have a feeling if QE3 is officially announced we will see gold challenge $2000 and silver challenge $50, but if things start going parabolic I would expect more margin hikes. I have little doubt those numbers will be surpassed before the end of the year. I do not think we will see sub $40 silver again unless there&#039;s a coordinated take down.</p><p><br /></p><p>If QE3 does happen, it would boost stocks as well which I think will go a long way to reduce the probability of chaos as people who do not understand that their buying power is diminishing will continue to think everything is on the up and up. Meanwhile gold and silver would likely reach all time highs, and should continue to garner attention gradually.</p><p><br /></p><p>One thing I&#039;ve noticed since I began paying attention to all this stuff is that things never happen as quickly as expected. I think now is a good time to get on board. Here&#039;s a chart I drew on to illustrate where I think the trend is going for silver. What I did was draw a line from the peak at $50 through the subsequent highs and lows (which are circled), which I used as a basis for predicting the next trend which I drew in purple.</p><p><br /></p><p>[ATTACH]135903.vB[/ATTACH][/QUOTE]</p><p><br /></p>

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