$30 to $32? Really? Just a few dollars under the recent low? I mean after watching it drop from $48 to $33 in a week (30% drop) and that not being capitulation... 2 or 3 dollars lower puts the final nail in the coffin?
I think it would take the psychological breakdown under $30 at the least to cause capitulation. While I do not believe we MUST see a capitulation, if we were to see one it would only happen after a 15% to 20% drop from yesterday's price.
Volume would likely be well over 300 million and you will have to spend considerable time to find a post on this board about how great buying silver is.
And, it would have to go under the low from 5 days ago.
I don't think it can happen in the 30's, might not see a real capitulation till twenties or even upper teens.
Of course you might not see a real capitulation at all, the current holders might just refuse to sell and never capitulate. Hard to say really. This isn't a stock where management can screw things up and disappoint you and make you give up.
"This isn't a stock where management can screw things up and disappoint you and make you give up."
True, but unfortunately, because it isn't a stock, there is NOW WAY to value it!!!------no earnings per share, no CASH FLOW METRICS----nada , zip, no way to know when it is too low!!!, LOL!! $18.00 or $19.00 will probably be perceived as a little too low !!!!