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Message Subject Is the huge drop today in gold/silve and indication that silver still has a looooong way to go until the bottom?
Poster Handle andawg221
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Drop to $12? I think you're dreaming but I'm not going to say it's impossible either. Thing is, if they can take it down that far they can drop it to $6 or $5 or $4 too IMO.
 Quoting: Spam Killer


$17 is a strong shaking point. Really where we are seems to be flushing out the weak hands.

I think we will see $1,000 gold and $17 silver before April of 2014 but its gonna come back quicker than it went down.

I'm buying all the way down. And probably back up to $30 an oz or so.

Once we break $50 we are likely to see bigger jumps.
 
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