Replies to post #20283 on iShares Silver Trust (SLV)

[Bertsllc]

run "ER Guy" run !

[Extreme4Reality]

Price of silver was under $7.50 in all of those cases

That's where you guys have blown it.

You forget to factor-in the fact that silver is in a huge speculative bubble.


Silver is NOT a safe haven at these high prices.

Silver is NOT a good deal at these high prices.

Silver is VERY crash-prone at these high prices.

[joelotto]

I like the chart in this post...it shows PPS and cot shorts. would it be possible to have this chart with the other charts we have a the top of this forum. If not could someone tell me the best place to see a chart like this. PPS V's Shorts I think it's good stuff to know.

[mike306oh]

After the fall of 2009 10:1 FS, the price dropped to below $10/share for a while, and the general trend it's been up since then:

http://www.marketwatch.com/investing/fund/slv/charts?symb=SLV&countrycode=US&time=20&startdate=1%2F4%2F1999&enddate=4%2F10%2F2013&freq=1&compidx=none&compind=none&comptemptext=Enter+Symbol%28s%29&comp=none&uf=7168&ma=1&maval=50&lf=1&lf2=4&lf3=0&type=2&size=2&style=1013

My prediction: Short-term, the price of Ag (and Au) will go lower, but mid-term (less than one year thereafter) one can expect it to go to over $100/share. AJIMHO.

Mike