I made a simple conclusion that this was in reference to the thread before yours. I see the word "edited". Did you look there as well?
I might add my comment. The more silver goes down, the easier it is to say it will rebound. There really is no other way left to go. It is more the question of where it lingers the longest and then that becomes another starting point. At that point, we can all go back to the first post and start this conversation all over again. :>)
Saltysam-1 got it, I was lost in the sauce. Thank you, for the clarification which I should have identified from the GET GO. DesertGem my mistake.
I am thinking it will stay around $17 for a while, and then start inching higher. We just need to close over $17 and it will start to climb up again. I could be wrong....
I own a small quantity of gold and silver in the form of bullion coins. I do not hold them to make a profit as an investment but to have them in my possession, just in case, in the same way I pay for insurance policies. I will probably never need to use my home owners or auto insurance, but I sleep better for having them
Eminem, I think you are just plain wrong on this one. Silver may never hit $100 an oz., that's the only thing you said right. Silver and Gold have had Value for thousands of years and all paper denominations tend to collapse. Our dollar is worth about 4 cents it's printed on. We don't need doomsday for an economic collapse, just a bozo government.
Rumor has it, he's got a gf. Believe it or not! (He's been absent his other favorite forum the same amount of time.) He'll be back tho
So what happens if we go completely digital with money world wide and everyone forgets about silver and gold? Most kids and young adults aren't interested in that of stuff anymore. They don't dream of finding pirates treasure or a ton of gold or silver bricks hidden in a cave anymore. They think about tech stuff, video games, s.x and whats in front of them, not to far ahead and not too far in the past.