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Great Panther Silver Ltd Message Board

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  • seasonedspec seasonedspec Oct 17, 2011 2:51 PM Flag

    Silver Prices About To Move Higher?


    I understand your thinking and agree with you. With the current European debt crisis and our current debate in the Congress over resolving our nation's debt reduction efforts, we should see plenty of silver price movements in the weeks ahead. I'm now waiting for lower silver prices before buying any more. SS

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    • SS. I'm convinced the sell off in silver stocks today based upon a 1.5% decline in silver price was way overdone. I suspect, at worse, that silver price may bump around $31-32 for a few days but fundamentals are pointing higher. Today may have pointed to good entry points for stock purchases with little downside risk. Who knows for sure but I made a few purchases today. I'm not sure about GPL. Today's low prices looked like an outstanding bargain but the momentum downward recently has been surprising. Does that suggest some big players have lost confidence in this company? I just don't know! GLTU

0.4765+0.0065(+1.38%)Nov 25 3:57 PMEST