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Re: LumberDoktor post# 375

Tuesday, 04/16/2013 9:00:46 AM

Tuesday, April 16, 2013 9:00:46 AM

Post# of 1410
I don't think $3 is possible unless PM prices drop well below cost to deliver (IMO $17-$18), plus I think PM would have to stay at those levels for a while. I do believe $4 EXK is possible. I'm under water on my EXK currently, but will add around 4.5. Bought $5K of physical last night and another $5k early this morning. Intend to buy more physical if we dip to $20 and again at $18. IMO, I don't think silver trades much below $17. Anticpate a dead cat bounce today, and then some more pressure on PM prices. GLTA!
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