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<p>[QUOTE=&quot;Bluesboy65, post: 1173791, member: 23329&quot;]Hi Medoraman, I feel $15 is low because I feel that the factors driving it higher are still in play and will be for some time.&nbsp; I know there are people that disagree with the increasing use of silver as an industrial commodity but I am reading industry analysts that say this is the case.&nbsp; Also it&#039;s great that UBL was killed but this is a dangerous world and there are still a lot of hot spots and growing potential for problems especially around Israel.&nbsp; And then there are the sovereign debt issues that have become back page news as of late but are certain to reclaim center stage.&nbsp; I also believe that inflation will continue to be an issue around the globe.&nbsp; </p><p><br /></p><p>It&#039;s hard to take all of these factors plus others that could be mentioned and develop a target price for silver but, given my personal view of the world,&nbsp; my gut tells me that low to mid-20&#039;s is an easily supportable level.&nbsp; I would not automatically pull the trigger at $15/oz, but if the underlying environment had not substantially changed, I would be loading up at that level.</p><p><br /></p><p>Bluesboy65[/QUOTE]</p><p><br /></p>

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