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drbob66 » Comments » CDE

  • Silver Prices Are About to Fall [View article]
    "based on charts I've examined, the way I see things, silver prices could temporarily fall to $11 per troy, again, or even lower, before March 2010. "

    Well, according to MY chart analysis, silver may pull back to around $14.50 (NOT $11)...and then continue upward to $20. Sure, I could trade around that and attempt to avoid a maybe 10-15% decline in paper gains...but instead I think I'll take the opportunity to ADD to my silver position on weakness.

    "Prognostications as to exact prices, of course, are seldom accurate."

    At least you got that part right. Still, I say silver will hit $20 before it sees $11.
    Nov 06 22:41 pm |Rating: +3 0 |Link to Comment
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