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<p>[QUOTE=&quot;InfleXion, post: 1875402, member: 29012&quot;]If history is any indication the price will go lower before it goes higher, but there is always the looming possibility of a silver shortage which will throw conventional wisdom out the window as well. Do I see that occurring in 2014? No.</p><p><br /></p><p>Until either a shortage or a new global reserve currency to replace the USD I don&#039;t see any reason why the exchanges can&#039;t continue to set the price fix at whatever they like.</p><p><br /></p><p>However a lot of so called gurus are saying this will be the year that the stock market falters, and it does appear to have risen too far, too fast IMO without enough healthy correction since the Fed began QE3/QE4. The tapering to me seems to be merely jawboning, as printing $60 or $70 bn per month instead of $80 is still a net increase, not a decrease as it is often spun as.</p><p><br /></p><p>My dad told me yesterday that he thinks the true economic indcator this year will be new housing purchases and home building between April and September. We will have to wait and see. The numbers to this point have not inspired confidence, and it seems to me all this money printing has simply gone into the financial vortex.</p><p><br /></p><p>If the economy picks up I expect both metals and paper assets to get some support, but nothing too major.</p><p><br /></p><p>If it does not then I would be wary of a 2008 like scenario, and keep some cash handy for firesale prices with everything possibly dropping to surprising lows, after which I would expect first gold, and later silver to start moving to new all-time highs as things shake out in 2015.</p><p><br /></p><p>My best guess is things will stay in the $20-$25 range until mid-year.[/QUOTE]</p><p><br /></p>

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