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What if silver plummeted down to $15oz, would you be ready?
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<p>[QUOTE="Conder101, post: 1163157, member: 66"]If it dropped to $15 I'd be wondering if I was going to have to live ALL of the 1980's over again.</p><p><br /></p><p>A lot of people have said that they would be all over it buying, but I wonder how many really would. They didn't last time. When it dropped big time everyone scrambled for the exits. And as for the prices being "real" this time, I don't see it. The Hunts didn't push the prices that high by themselves, it was speculators and worry over the economy. I see the same thing this time. Speculators and woory over the economy. I don't see anywhere near enough increase in demand from legitimate users and consumers of silver to support these price increases. Most of it is coming from speculators and hoarders. If there was a major downward correction industrial demand would not be enough to stop it and once the first panicy hoarders started dumping to try and cut their losses I think it would turn into a flood. And the faster it goes up the more likely it is to make that correction.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1163157, member: 66"]If it dropped to $15 I'd be wondering if I was going to have to live ALL of the 1980's over again. A lot of people have said that they would be all over it buying, but I wonder how many really would. They didn't last time. When it dropped big time everyone scrambled for the exits. And as for the prices being "real" this time, I don't see it. The Hunts didn't push the prices that high by themselves, it was speculators and worry over the economy. I see the same thing this time. Speculators and woory over the economy. I don't see anywhere near enough increase in demand from legitimate users and consumers of silver to support these price increases. Most of it is coming from speculators and hoarders. If there was a major downward correction industrial demand would not be enough to stop it and once the first panicy hoarders started dumping to try and cut their losses I think it would turn into a flood. And the faster it goes up the more likely it is to make that correction.[/QUOTE]
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What if silver plummeted down to $15oz, would you be ready?
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