Message:

<p>[QUOTE=&quot;jolumoga, post: 1779057, member: 41780&quot;]Bad advice.&nbsp; Not long ago some bears were asserting silver would drop into the single digits.&nbsp; Silver can easily break past its previous high of $50 because of the massive liquidity in the markets.&nbsp; Also, some of the members here assume the markets are rational -- the reality is that markets can get extremely distorted based on trends, mass psychology and charts taking on a life of their own.&nbsp; Fundamentally, though, there is a real problem when most U.S. Treasuries are bought by the Fed.&nbsp; I mean, I don&#039;t get why this point is so controversial here. </p><p>&nbsp;</p><p>I did suggest silver could pop back to about $25 over the late summer, so I was off by a month or two.&nbsp; The only thing I&#039;d change in my forecast is that the dollar is not as strong and its future not as bright as I thought, since the tapering issue the Fed is faced with is a lose-lose.&nbsp; It&#039;s bad if it tapers and bad if it doesn&#039;t.[/QUOTE]</p><p><br /></p>

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