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<p>[QUOTE="coloradotokens, post: 1077909, member: 17153"]IMO, I dont think that silver will go to $50 because the Chinese are not buying it like they were in the 80's. I also think that it will float around the $27-33 range this year, but everytime I predict something it does the other, so I wouldnt take my advice. I think that when the stock market crashed many people, mainly investors and hedge funds and what not, got into PM's to hedge against thier losses. So far this year i am very impresses with the stock market, and I think that people and funds will pull out of PM and get back into stocks in Q2 of this year. I remember buying silver at 11 bucks an ounce last year or the year before, I think that silver is running out of steam, but once again what do I know. I still think that silver is a great long term investment, even more so than gold, but at the present moment I prefer to be in the market with stocks priced where they are. A lot of companies spent the last few year balancing budgets and fixing credit to debt ratios and are not over priced like they were seveal years ago. Can the dow go back to 14000? and when? I dont know, will gold and silver fall back, maybe. Its all speculation, and everyone has an opinion.[/QUOTE]</p><p><br /></p>
[QUOTE="coloradotokens, post: 1077909, member: 17153"]IMO, I dont think that silver will go to $50 because the Chinese are not buying it like they were in the 80's. I also think that it will float around the $27-33 range this year, but everytime I predict something it does the other, so I wouldnt take my advice. I think that when the stock market crashed many people, mainly investors and hedge funds and what not, got into PM's to hedge against thier losses. So far this year i am very impresses with the stock market, and I think that people and funds will pull out of PM and get back into stocks in Q2 of this year. I remember buying silver at 11 bucks an ounce last year or the year before, I think that silver is running out of steam, but once again what do I know. I still think that silver is a great long term investment, even more so than gold, but at the present moment I prefer to be in the market with stocks priced where they are. A lot of companies spent the last few year balancing budgets and fixing credit to debt ratios and are not over priced like they were seveal years ago. Can the dow go back to 14000? and when? I dont know, will gold and silver fall back, maybe. Its all speculation, and everyone has an opinion.[/QUOTE]
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