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<p>[QUOTE=&quot;-jeffB, post: 2642740, member: 27832&quot;]I came across one of my older threads this morning, from September 2011:</p><p><br /></p><p><a href="https://www.cointalk.com/threads/somebody-pulled-the-plug-on-pms-again.192338/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/somebody-pulled-the-plug-on-pms-again.192338/">Somebody pulled the plug on PMs again...</a></p><p><br /></p><p>It&#039;s mostly talking about a ~5% intraday drop in PM prices, at least at first, without mentioning specific levels. In the second day of the thread, someone talks about silver dropping from $36 to $35 in less than an hour. Later that day, &quot;down to almost $32&quot; -- tripping dark mutterings about &quot;manipulation&quot; -- then a comment that CNBC folks were talking about buying in the $29 range.</p><p><br /></p><p>Then, a few days later, an observation that it had bounced back <i>up</i> to $27, some technical-analysis reasoning about why it should stabilize back around $30, and a comment or two about backing up the truck if it ever went back below $20.</p><p><br /></p><p>Just a friendly reminder about the danger of looking at pricing trends through a microscope, instead of taking the wider view -- and another reminder that <i>the wider view isn&#039;t available</i>, because <b>you can&#039;t see into the future</b>.[/QUOTE]</p><p><br /></p>

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