When Is the correction

[psi2941]

ok ok, i was wrong, silver is going up,


anyways, when do you guys see the correction coming?
i'm guessing anytime now or before 30 dollar marker.

 

[cubical]

i think we are over due. hoping we end the week lower.

 

[Austrian Econ Disciple]

I don't see it going down past 25$. In fact, I expect silver to be at least 60$ by the end of 2011. There will be a small correction -- probably no more than 1.25$. With the GATA manipulations being uncovered, QE2, debt-ceiling going to get raised, foreign entities more suspicious of the dollar, more spotlight put on the fed and the dollar, and most importantly of all, the horrendous irrefutable fundamentals of our economy there is no way it is going to ever go down past 20$ again.

 

[cubical]

of course you wont get a bearish response on this board because here is the bulls of the bulls in regards to PMs.

 

[Austrian Econ Disciple]

of course you wont get a bearish response on this board because here is the bulls of the bulls in regards to PMs.

What policies have you seen that would result in a correction of more than 2$? All I have to do is point to Helicopter Ben.

 

[Bruno]

of course you wont get a bearish response on this board because here is the bulls of the bulls in regards to PMs.

lol, true. And have been right so far.

 

[Stary Hickory]

A meaningful correction can only happen if the FED shows and proves it is committed to non-inflationary policies. People have to believe it.

 

[cubical]

i am not saying the bulls of the bulls are wrong. I am just saying its probably the only view you will get on this board.

 

[TonySutton]

The upward price movement is the correction.

 

[Bruno]

i am not saying the bulls of the bulls are wrong. I am just saying its probably the only view you will get on this board.

yumyum hasn't been around for awhile

The upward price movement is the correction.

I think we have a winner.

 

[Brian4Liberty]

That's the big question. Will there be some selling before the end of year for tax purposes? And the election results pretty much guarantee that the Bush tax cuts will stay in place, thus less pressure for a sell-off before the end of the year. Still, individuals and mutual funds have reasons to make tax moves before the end of year, such as taking some profit that can offset past year's losses. In other words, who knows when the next correction will take place.

 

[OddballAZ]

Every time I try to wait and catch it on the downside it goes up and up. So I finally gave up and I just buy when I can. As long as you're going to hold it and not sell it in the short term its just going to go up. Or in reality, the dollar is just going down and you're preserving what you had.

 

[Jordan]

Up 50% in 2.5 months, with one-third of those gains made in the past 3 trading days is suspect.

 

[Merk]

The shorts are getting their nuts squeezed off and I think it is hilarious.

 

[Dr.3D]

The upward price movement is the correction.

I believe that is in fact the case.

 

[Wolverine302]

i dont expect a correction with JPMC and HSBC getting sued for manipulation..

in fact, i see it exploding very quickly

 

[LibertyEagle]

ok ok, i was wrong, silver is going up,


anyways, when do you guys see the correction coming?
i'm guessing anytime now or before 30 dollar marker.

Just as soon as I buy some more.

 

[Anti Federalist]

just as soon as i buy some more.

LoLz

 

[psi2941]

im reallying thinking about unloading my silver once it hits 30 dollar sell price. so that would be when silver hits 29 dollars

 

[talkingpointes]

There has to be a sell-off soon, probably within a weak or so. Even in the most feverish bull markets you will have small sell-offs to bring in profit to either reinvest or hedge against. People take some profits !