PDA

View Full Version : If we get this "Soft-patch" in the economy what do you think Silver will do?



T-Time
21st June 2011, 15:24
Heard this term a lot today on cnbc.

I also listened to a David Morgan telephone interview on YouTube.
He seemed pretty bearish on silver the next couple of months, see what you think.
Sorry I don't know how to do links. I just searched "silver 6/20"

T

Agentum
21st June 2011, 15:51
Since you asked, here's my guess, in pictorial form:

http://forums.silverseek.com/attachment.php?attachmentid=1780&d=1308689844

duneyman jr
21st June 2011, 15:54
I agree totally.

Mizzle
21st June 2011, 16:00
Since you asked, here's my guess, in pictorial form:



LMAO! That would be fantastic!

SilverSpot
22nd June 2011, 08:35
The U.S. economy hitting a soft patch, would basically mean non-college grads are not finding work and many homeowners will soon perhaps be renters.
When I look at investments I try and look at things from a global view. I've found that other markets play a key role in the economic picture now.
With that being said I believe no matter how you look at things, commodities, in their broadview are all going to increase in value overtime. In that context Silver will both benefit from its indurstrial uses, especially in the emerging markets, & as an inflation hedge. Inflation will be a "plague" to the middle, lower classes globally for the foreseable future.
I'm longterm precious metals, but I only am investing money that I can afford not to touch!

Regards,
Jeremy

S1lverBullet
22nd June 2011, 09:20
Since you asked, here's my guess, in pictorial form:

http://forums.silverseek.com/attachment.php?attachmentid=1780&d=1308689844

Looks like someone needs to lay off the crack pipe a little.

T-Time
22nd June 2011, 10:03
I like the Silver Bears and their opinions. It keeps me in check :)

Even though I did increase my position 1/5 two days ago at 36.00.

T

mrbungle
22nd June 2011, 11:03
what, T said........

Matthew Shelley
22nd June 2011, 12:13
Looks like someone needs to lay off the crack pipe a little.

I disagree with the projection completely, but an opposing opinion is not wrong.

T-Time
22nd June 2011, 12:18
I disagree with the projection completely, but an opposing opinion is not wrong.

I'm interested in your opinion Matthew.

T

What is Truth?
22nd June 2011, 18:15
I think silver will remain rather bearish for the rest of the summer. I also think a lot of the soft-patch pricing is already reflected in its current price. That's not to say that we can't or won't go a little lower, but $15 silver isn't a soft-patch but rather reflects its price in an all-out crash.

JimBo
22nd June 2011, 18:19
Decline, you are witnessing the decline of the U S of A

What is Truth?
22nd June 2011, 18:23
Decline, you are witnessing the decline of the U S of A

If so, then it is right along with the decline in the price of silver.