Will we see $50 by end of the week

[mlayers]

The way things is looking we just may see silver hit the $50 mark.....Matt

 

[mr_larry]

I would not be surprised to see $75 in the next month or two. That number sounds crazy and it far surpasses my earlier guess of somewhere near $55 as a high for the year, but the dollar is plummeting and inflation has barely registered on the radar although we know it is coming.
How high can it go?
How low can the dollar go?!?!!

 

[STDevil]

If I am reading the charts correctly, it looks like silver was up $3 tonight before it backed off 40 cents.

Crazy...

If the price implodes, I am just going to buy more!

 

[quiksilver]

Hmmm the real question as i see it is will there be a major pullback when the milestone "50" is reached?

 

[vetteguy96]

I have all my savings tied up in Silver, as meager as the amount is, if the price implodes I will in essence lose a BIG chunk, but by the same token I will have the opportunity to not be an idiot like I was when a friend first tried to get me to wake up and buy Silver....I'll just be able to buy it cheaper than I have since I woke up to Silver in March of this year. ...I'll accumulate as much as I can, because it'll go up again...it always has.

...Some look at this possibility with dread, and maybe I should too, but I'm not going to.

I tend however, to agree with those who frequent these Forums, who doubt Silver doing ANYTHING but rise....

Happy Hunting to all, no matter WHICH way Silver goes!

 

[clovis97]

I don't think that a 20% correction is out of the question, that if silver drops.

I personally don't think it will drop that much, but it could.

 

[SeaninNH]

Well... If you CRH silver at face value then it doesn't matter what way it goes. It's all still BIG profit.

When I buy at spot I play the numbers and buy more when it dips.