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iShares Silver Trust Message Board

  • snow.ball7 snow.ball7 Apr 19, 2013 5:26 PM Flag

    Physical silver will never trade under $20/oz again.

    They can short Comex contracts to $5.00, it won't matter. Physical market will disconnect if the paper market goes under $20. You might be able to buy a couple movie tickets with $20, but not an oz of minted silver.
    Mark this post.

    Sentiment: Buy

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    • That's what you said at
      $47 then
      $45 then
      $42 then
      $40 then
      $38 then
      $36 then
      $34 then
      $32 then
      $30 then
      $28 then
      $26 then
      $24

      Apmex has physical silver for sale at $23 right now. Silver is heading down to $14 (then lower depending on the depth of the coming recession - silver crashed to $8 in the last recession)

 
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