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<p>[QUOTE=&quot;Cloudsweeper99, post: 1185842, member: 3011&quot;]I see this repeated often, and it is bad investment advice.&nbsp; Denial is the thinking behind turning small losses into large ones.&nbsp; If the current price is below your cost, you have a loss.&nbsp; Whether or not you choose to sell and turn it into a loss for tax purposes is irrelevant.&nbsp; People get into the mindset that they can&#039;t &quot;afford&quot; to take a loss when they already have one.&nbsp; The smart thing to do is to just make sure your money is invested in the best idea you can come up with at the time, even if it requires you to sell one and buy another.&nbsp; Remember - you don&#039;t have to make back the money the same way you lost it.</p><p><br /></p><p>Anyway, that said, there has been tremendous technical damage to the silver market from the recent drop, and it seems to me that it is going to take some base building before the next leg up.&nbsp; The marginal cost of production for new silver mines is probably in the neighborhood of $20-25, so that is probably the floor, but I think it will stay in the $30s for awhile - no guarantees - just my best guess.[/QUOTE]</p><p><br /></p>

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