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<p>[QUOTE=&quot;Emoticon, post: 1499496, member: 38428&quot;]I have my own ideas where I believe the &quot;floor&quot; of silver to be at the moment and I want to see how in line it is with other people who watch the silver market.</p><p><br /></p><p>1) At what price would you consider selling your silver if it were to jump again?</p><p><br /></p><p>2) At what price would you start buying significant amounts of silver again?</p><p><br /></p><p>3) Where do you think the &quot;floor&quot; of silver is at the moment? By &quot;floor&quot; I mean the price at which where when the price is dropping there will be a certain point where more people will buy once again than sell and rebound the price.</p><p><br /></p><p>These are my thoughts on those questions</p><p><br /></p><p>1) Personally I would consider selling if silver hit $35 to 40 again, but this would depend heavily on whether it was a spike like the Jan 2011 spike or a gradual increase. If silver were to find its true value in line with the gold ratio with a gradual increase I would hold on it it much longer. </p><p><br /></p><p>2) As to what price I would buy significant amounts again... I&#039;m buy a little bit right now when I see it really cheap here and there, but no really significant quantity. I think if it were to drop below $18-20 I would start buying again. </p><p><br /></p><p>3) As to where I think the floor is in the market at this point I think if it does drop below $20 we&#039;ll see an uptick of about 12-15% in direct response to it hitting that number over the short term. I don&#039;t think we&#039;ll see cheap silver for a very long time again I think it&#039;s found a new level like the gas price since the last spike. I really personally don&#039;t see it dropping below $15 unless we see some drastic recovery in the US economy.</p><p><br /></p><p>Those are my thoughts, how do you feel about silver right now?[/QUOTE]</p><p><br /></p>

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