What's Going On Silver? - Coin Community Forum

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Author	Replies: 4 / Views: 1,099
maichinht Valued Member United States 102 Posts	Posted 08/09/2011 09:06 am What's up with silver? It was like golds shadow, but looks like it's just fading slowly away. Report this Post to the Staff

junior e Pillar of the Community United States 931 Posts	Posted 08/09/2011 09:18 am People are buying what is in the news. You hardly hear a word about silver except I've heard some say that silver is in "industrial mode" right now. That will change if gold hits $1850 or so putting it out of the reach of most of us. My opinion anyway. Report this Post to the Staff
mkfarm Pillar of the Community United States 667 Posts	Posted 08/09/2011 09:21 am Nothing is taking place with silver unless you are one of the conspirator people. What way will it go? If I knew that answer I could get rich pretty quickly. Gold is KING during a panic and to some degree we have a little panic. In addition several banks etc have started to buy gold. This along with other factors has made in go up the chart. Will silver follow? I think it will. But then it could take a JOE back into the low 30's. Be calm if your looking to get rick quick this is the wrong market. If your looking long term silver should perform well. Personally I would like to see it hold at this price range a little longer. I believe we have a short window then silver will move. I am speculating that mover will go up. Just remember their are different factors in the market right now and gold is shining bright for now. Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 08/09/2011 5:41 pm Quote: That will change if gold hits $1850 or so putting it out of the reach of most of us. My opinion anyway. Heh... said as if gold wasn't ALREADY out of reach for a lot of us! Report this Post to the Staff
hockingzig Pillar of the Community United States 1450 Posts	Posted 08/09/2011 5:45 pm That's what the big boys are banking on! Report this Post to the Staff
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