Message:

<p>[QUOTE=&quot;TheNickelGuy, post: 1475841, member: 20201&quot;]<font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040">Hey, I am in no way an authority on this subject but I can take a shot at what I guess silver will do.</span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040">I think that being in the USA, I tend to look at the smaller picture when it comes to silver and other precious metals.</span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040">Factors like elections, gas and other energy prices, the NY stock market, the value of the dollar, etc.</span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040">I have to remember that there is the rest of the world out there and it is a bigger picture that influences the precious metals prices too. Yes, the economic, social and political USA is still a major factor in the world. </span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040">The USA is not exactly the tail on the dog but If people are optimistic about world conditions, I think that silver will go down in price. If they are pessimistic silver will go up.</span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040">Today, and short term, I am on the fence about world conditions. </span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040">I do feel that silver is going to continue to slowly drop at a steady rate until October.</span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040">I think it will rise again over the winter to $35.00 to $40.00 levels again by spring.</span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040"><br /></span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040">Looking at a 10 year graph, I can see a pattern of ups and downs if I want to.</span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040">It seems that every 2 to 3 years silver peaks at 100% the price it was then drops to 50% of what it topped at. Then it climbs again. What I see in this chart are areas and not specific points.</span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040"><br /></span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040">2002 $5</span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040">2004 $8</span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040">2006 $15</span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040">2008 $20</span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040">2010 $30</span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040">2012 $40</span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040">2014 $50?</span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040"><br /></span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><font face="Times New Roman"><font size="3"><span style="color: #000040">According to the chart if it continues to follow a pattern, and world conditions remain pretty much the same, silver will bottom out at around $22.00 in the near future, and I do think that is a good guess at how low it will go but probably no lower. Looking at the history though within the next 3 years it could easily exceed $60.00 and quite possibly more.</span></font></font></span></font></font></p><p><font face="Arial"><font size="2"><span style="color: #000000"><br /></span></font></font></p><p><br /></p><p>[ATTACH]185997.vB[/ATTACH][/QUOTE]</p><p><br /></p>

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