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Pan American Silver Corp. Message Board

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  • seasonedspec seasonedspec Apr 30, 2008 9:15 AM Flag

    Silver bottom in sight

    IMO the use of charts is often very helpful in making investment decisions. But we must not ignore the fundamentals. In the cases of gold and silver, their long term upward trends have resulted from a weakening $USD. The $USD has rebounded somewhat recently, and gold and silver have sold off some as a result. But I don't expect the $USD to soar upward, so I'm not concerned about gold and silver dropping much lower. Sinclair and others share my view. Therefore, I have been buying additional shares recently, and will continue to do so until I have exhausted my buying power. Rising inflation will surely drive up silver prices very soon. SS

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