Replies to post #31364 on iShares Silver Trust (SLV)

[136]

I think you're underestimating just how thin the ice is that our "market" is skating on.

The cracks are past the point of showing and we keep adding more weight..

Just dont be surprised to wake up to the dow down 1000-5000 points in a day.

The algos and ECNs will cause many more meltdowns and all it takes is an unprogrammed outcome(s) (a quant's or multiple quants shortfalls) to cause a serious flash crash.

Care to guess what will happen to the demand of silver and gold then?

[BDkeg]

$25-$30 range in the next several years depending on monetary policy, industrial growth, price of energy, ect. I think at least $25 by mid-late 2017, unless we hit another bad recession and commodity consumption drops off a cliff, then maybe $10-$12/oz again. Just my thoughts.