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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

Silver Expected To Drop ?

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traevin
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 Posted 03/30/2012  8:29 pm  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply

Quote:
Wow! You should feel really bad that you were so very very wrong. Glad that I sold all my silver at $46 before this drop because you aren't ever going to see $50 again. You were wrong about the $50 by Easter.


He was right about the first part and wrong about the second. Buy it certainly wasn't a bad prediction. Due to price manipulation, silver remains undervalued. I do not doubt Ed would have been on the conservative side with his prediction if silver were allowed to trade freely. $111.40 is the price I came up with for where silver would be if it matched the historic gold/silver ratio.
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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum



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