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Monday, October 20, 2014 10:48:08 PM
If gold and silver are really linked I believe this isn't over yet!
Been doing a lot of DD and not much posting of late, sorry.
I started really looking at the long term gold charts and what I see is a little disturbing IMO fairly sure we are going to see a spike low in gold below the $1,000 oz mark, what does that do to the price of silver?
Not going to get into why I think this but I just wanted everyone to know what I'm seeing and thinking. from what I'm seeing this should be bottom but that could always change as it goes who really know what will happen if we see this sudden drop in price action?
I know last time silver spiked low, around 2008, the price went to $8.50 for about 20 minutes and from what I can find silver was going for around $8 over spot! Lol... so I'm not saying wait for a better deal just trying to find the real bottom on this down trend.
Anyone like to add, comment, disagree, call me names!
feel free...
Cheers Stackers \_/
Been doing a lot of DD and not much posting of late, sorry.
I started really looking at the long term gold charts and what I see is a little disturbing IMO fairly sure we are going to see a spike low in gold below the $1,000 oz mark, what does that do to the price of silver?
Not going to get into why I think this but I just wanted everyone to know what I'm seeing and thinking. from what I'm seeing this should be bottom but that could always change as it goes who really know what will happen if we see this sudden drop in price action?
I know last time silver spiked low, around 2008, the price went to $8.50 for about 20 minutes and from what I can find silver was going for around $8 over spot! Lol... so I'm not saying wait for a better deal just trying to find the real bottom on this down trend.
Anyone like to add, comment, disagree, call me names!
feel free... Cheers Stackers \_/
Into silver? come by Silver Stackers
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