Silver prices, plummeting to $13.00 per ounce this Year ?

[Marchas45]

$13 Silver I HIGHLY doubt it. The bottom was is in and has been since November, December. Don't believe me O! Well, don't miss the boat. Keep Stacking

 

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[jim4silver]

Here we go again sub 16 silver. Funny thing is that over the past week many premiums on silver products have gone up a bit. Should have known a smack down was coming one online dealer was offering ASEs for 2.25 over melt, any quantity, which is cheap compared to local stores.

One of my local guys says he has a few foreign silvers that came in this week. Will have to check it out.

Jim

 

[Jason in Enid]

This is typical for friday silver though. It often drops big on friday and then rebounds big on monday, or else it jumps on friday and drops on monday.

 

[bradley1719]

This is typical for friday silver though. It often drops big on friday and then rebounds big on monday, or else it jumps on friday and drops on monday.

And if we could only find a reliable way of predicting which of those two scenarios is going to happen on any given Friday we'd make a killing!

I agree with you though, we've seen a lot of action both directions going into the weekends lately.

 

[Jason in Enid]

And if we could only find a reliable way of predicting which of those two scenarios is going to happen on any given Friday we'd make a killing!

I agree with you though, we've seen a lot of action both directions going into the weekends lately.

Maybe those swings could be profitable if you were investing millions in the market. Sadly, at .50 swing each way, it takes a LOOOOOT of ounces to make it worth the trouble.

 

[Mackaydon]

Silver closed at $15.96 and gold under $1,170; getting closer to opening the purse strings.
Don..

 

[bradley1719]

Silver closed at $15.96 and gold under $1,170; getting closer to opening the purse strings.
Don..

I think we'll be swinging up and down for the next two years.... But I think the overall trend will continue to go down for a while.