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eik

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eik

Re: chloebware post# 6601

Monday, 01/24/2011 5:01:35 PM

Monday, January 24, 2011 5:01:35 PM

Post# of 22257
What's your definition of "bubble"? I don't know why this word cases so many emotions. Silver is in a technical pullback now. It can go down to $25 or lower... or maybe not. Remember, a couple of years ago we had "peak of oil" panic buying. Oil price lost about 60% then and now is moving back up to the old highs. So, applying the same measure to silver ("peak of silver" theory) - it can go back to teens... Will it? Hopefully not. But in any case it doesn't change long term picture. So, what is a "bubble" and at what point it's considered "burst"?
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