Thread: Silver price watch

Originally Posted by Drago

It all depends on your time frame and method of purchase. If you are buying SLV, depending on when you got in, I'd sell at the next big breakout, probably around up to 36, 37 dollars. If you are holding coins, hold them and keep buying. Silver is different than gold, its actually used, so it will tend to fluctuate even more than gold. More a commodity feature, but very tied to inflation as well. Near term, both gold and silver are very volatile, but longterm, pretty sure they will all be higher.

Most of the time... SLV appears to move with the market..
but just this Friday, with the market continuing downward,
Gold went up.. .as did SLV. .

I agree.. that in the long run (years?),

I can't imagine precious metals and other raw materials and commodities NOT doing some serious rising..

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Originally Posted by King of Fishers Island

Most of the time... SLV appears to move with the market..
but just this Friday, with the market continuing downward,
Gold went up.. .as did SLV. .

I agree.. that in the long run (years?),

I can't imagine precious metals and other raw materials and commodities NOT doing some serious rising..

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About 9 months ago we had a number of people saying they can't imagine precious metals and other raw materials and commodities falling.

And just couple months ago we had a number of people saying they can't imagine that gas prices would not hit $5-6/gal by this summer.

We shall see.