Silver Spot Price is Plumetting-What do you think?

[golden silver]

Silver has dropped like 2 dollars is two days what do you think is causing it? Do you think it will bounce back soon? your thoughts please.

golden silver

 

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[Shake-N-Bake]

Silver has dropped like 2 dollars is two days what do you think is causing it? Do you think it will bounce back soon? your thoughts please.

golden silver

If you watched the trend for the last week to 10 days you will notice silver sharply increased. Anytime silver, gold, and even oil (trends with these as well)
rise sharply it will be followed by a quick decrease due to investers selling off at the peak to near peak. Antime there is a sell-off in stocks or precious metals the price can not hold and will decrease.

I think for a while you are going to see the $14 to $16 range, Feb 2010 and March 2010 it may hit $19 but I think that will be the peak for 2010. Of course this is just my opinion.

Jason

 

[obediah]

Silver has dropped like 2 dollars is two days what do you think is causing it? Do you think it will bounce back soon? your thoughts please.

golden silver

No maybe $1.40, don't sweat it, it is gonna go thru the roof. Markets are full of manipulation but looking at the news out of China, I'm betting on China's actions to not only support Silver & Gold butto launch it into unheard of realms.

 

[goldsworthy]

Metal Bid Ask
Gold $1,059.80 $1,060.80 16.40
Silver $17.86 $17.91 0.40
Platinum $1,338.00 $1,348.00 21.30
Palladium $318.30 $323.30 8.30

Updated:10/8/2009 11:22:12 AM CST

 

[Glsfutrs]

This might help to shed some light on the situation :



http://silverstockreport.com/2009/tiny-silver.html


and:

http://news.silverseek.com/GoldIsMoney/1254883767.php