Socrates: "Democracy, which is a charming form of government, full of variety and disorder, and dispensing a sort of equality to equals and unequaled alike."
Been keeping my eye on SLV since late 2009; I'm timid newbie to investing...too bad I should have been participating! Was happy to recently discover the discussion and participation here. Wondering what you folks are thinking about the current move?
Hi Mapper -
We talk about Silver a lot over on ETF Talk (www.etftalk.com/forum). This was my take on silver, which I wrote the other day...
"I'm looking for a pullback to 37-40 - enough of a scare for the big boys to get rid of us little guys. A 400% gain is parabolic and when these finally pull back, they can be scary. Whether it happens now or over the summer, look for a sharp pullback that should be able to be bought once the 50-day EMA is tested."
I am thinking we're near a bottom on Silver prices this week. Anybody else looking at the price of an ounce of silver?
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