Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Silver is "cheap" and "undervalued" according to some analysts
>
Reply to Thread
Message:
<p>[QUOTE="softmentor, post: 1943764, member: 10469"]almost exactly a year ago (1 year and 7 days ago) I wrote this</p><p>"now that silver broke $20, I'm "accumulate" again, but just for jollies - I still think $14 is likely with a brief bottom as low as $11 within the next 18 months.</p><p>Of course, all predictions are opinions of the author and worth every bit of what you paid for it."</p><p><a href="https://www.cointalk.com/threads/how-low-will-silver-go.227813/page-13#post-1729626" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/how-low-will-silver-go.227813/page-13#post-1729626">https://www.cointalk.com/threads/how-low-will-silver-go.227813/page-13#post-1729626</a> </p><p>Well, it didn't drop that low but I did start accumulating with a purchase every month for the last year. It seems it is now going up, at least a little. It seems my actions are better than my predictions, which I suppose is a good thing! </p><p>So now I am in hold mode. </p><p>Prediction - $24 some time before 12/24/14 so much for my crystal ball. </p><p>And one more thing. The two huge swings in recent decades were because of manipulations by a VERY few people. Such swings are not likely to occur very often. The usual fair is supply (and the cost of producing that supply) and demand of major markets (like industrial user size markets.) Coin and bullion investors are only a small part of the market and it takes a LOT of trade in the investor market to make much difference. Small swings, yes, but big ones, not likely.[/QUOTE]</p><p><br /></p>
[QUOTE="softmentor, post: 1943764, member: 10469"]almost exactly a year ago (1 year and 7 days ago) I wrote this "now that silver broke $20, I'm "accumulate" again, but just for jollies - I still think $14 is likely with a brief bottom as low as $11 within the next 18 months. Of course, all predictions are opinions of the author and worth every bit of what you paid for it." [url]https://www.cointalk.com/threads/how-low-will-silver-go.227813/page-13#post-1729626[/url] Well, it didn't drop that low but I did start accumulating with a purchase every month for the last year. It seems it is now going up, at least a little. It seems my actions are better than my predictions, which I suppose is a good thing! So now I am in hold mode. Prediction - $24 some time before 12/24/14 so much for my crystal ball. And one more thing. The two huge swings in recent decades were because of manipulations by a VERY few people. Such swings are not likely to occur very often. The usual fair is supply (and the cost of producing that supply) and demand of major markets (like industrial user size markets.) Coin and bullion investors are only a small part of the market and it takes a LOT of trade in the investor market to make much difference. Small swings, yes, but big ones, not likely.[/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
>
Silver is "cheap" and "undervalued" according to some analysts
>
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...