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<p>[QUOTE="jolumoga, post: 26777651, member: 41780"]The problem now is that the market seems unclear, hence the recent volatility. In the long run, the precious metals will go up. Come to think about it, silver has run up so much that it could still technically be in a bull market, given that it's still well above the $50 high from previous bull markets, but history tells us that silver tends to suffer for years after a massive blow-off top (like when it hit $120). However, I think global debts are a serious problem, although underplayed since they have been growing for decades (there is a breaking point, IMO). Plus now silver is increasingly regarded as a strategic metal. I have a feeling we will see sub $50 again eventually. I could even see a dip into the $30s or $40s. I am doubting we will ever see the teens again, though, unless we see massive deflation (unlikely, because the printers will be turned on).[/QUOTE]</p><p><br /></p>
[QUOTE="jolumoga, post: 26777651, member: 41780"]The problem now is that the market seems unclear, hence the recent volatility. In the long run, the precious metals will go up. Come to think about it, silver has run up so much that it could still technically be in a bull market, given that it's still well above the $50 high from previous bull markets, but history tells us that silver tends to suffer for years after a massive blow-off top (like when it hit $120). However, I think global debts are a serious problem, although underplayed since they have been growing for decades (there is a breaking point, IMO). Plus now silver is increasingly regarded as a strategic metal. I have a feeling we will see sub $50 again eventually. I could even see a dip into the $30s or $40s. I am doubting we will ever see the teens again, though, unless we see massive deflation (unlikely, because the printers will be turned on).[/QUOTE]
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