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Wow. PM prices decreasing dramatically.
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<p>[QUOTE="Juan Blanco, post: 1652905, member: 41665"]"Dramatically" is a long ways off, IMO. </p><p><br /></p><p>In 2012, Silver declined/hung/bounced around a LOW of ~$27 from June 22 - July 25th. Look at a few threads from that period, to see who got panicky. </p><p>Real investors and prudent accumulators are NOT sweating the <i>likelihood </i>of POS ~$25. (or POS $22.) in April-July 2013. Still, no big deal.</p><p><br /></p><p>Hypothetically <u>POS under $20.</u> for a few trading sessions <i>probably </i>warrants careful reassessment/revision of premises and outlook based on whatever circumstances we see and foresee at that "dramatic" junction. Personally, I believe POS $15.-20. would be the sweetest BUYING OPPORTUNITY (since 2010, and <i>for years</i> to come) but many imprudent/inexperienced late-comers here will be selling in despair. Why? Couldn't they figure out how to cautiously short Paper Silver and protect their stash, evident the downside? <a href="http://www.cointalk.com/t217748-5/#post1576953" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t217748-5/#post1576953">http://www.cointalk.com/t217748-5/#post1576953</a>[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1652905, member: 41665"]"Dramatically" is a long ways off, IMO. In 2012, Silver declined/hung/bounced around a LOW of ~$27 from June 22 - July 25th. Look at a few threads from that period, to see who got panicky. Real investors and prudent accumulators are NOT sweating the [I]likelihood [/I]of POS ~$25. (or POS $22.) in April-July 2013. Still, no big deal. Hypothetically [U]POS under $20.[/U] for a few trading sessions [I]probably [/I]warrants careful reassessment/revision of premises and outlook based on whatever circumstances we see and foresee at that "dramatic" junction. Personally, I believe POS $15.-20. would be the sweetest BUYING OPPORTUNITY (since 2010, and [I]for years[/I] to come) but many imprudent/inexperienced late-comers here will be selling in despair. Why? Couldn't they figure out how to cautiously short Paper Silver and protect their stash, evident the downside? [URL]http://www.cointalk.com/t217748-5/#post1576953[/URL][/QUOTE]
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Wow. PM prices decreasing dramatically.
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