Is Silver About To Plunge Significantly? by tuck-fheman

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· @tuck-fheman ·
Is Silver About To Plunge Significantly?
https://s20.postimg.org/87eyexj8d/silver.jpg

I'm betting on it dropping to $12 or below (perhaps even below $10) over the next year before rebounding and eclipsing the 2016 high, sometime before mid-2018.

### What do you think?
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vote details (113)
@getonthetrain ·
I am not sure it will go below $15, but if it hit $10 I would be buying like mad
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@jang · (edited)
You can't mine silver at these prices($10-$12)!... Shortage is coming ...:)...
👍  
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@lifeworship ·
$0.02
if it does go this low, it will rebound. many of the mining companies will shut down operations causing severe shortage driving price higher than ever before. 

still, governments could once again ban precious metal ownership, as part of their war on cash. kind of funny, that, after many years of saying that precious metals are not money. the hypocrisy of the state knows no bounds.
👍  ,
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@jang ·
No Doubt!!!...:)...
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@stephen.king989 ·
I won't be selling for the next foreseeable future so I'd love to see it go down to $10 for a few years. More silver for less money is always good news for me.
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@kyusho ·
Well I hope you are totally off on this one and something breaks at the comex to send it upward.  It is all up to JP Morgan which way it goes.  Bitcoin sure has been a better play.
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@majes ·
I say $17. by end of Jan....
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@acidyo ·
That volatility.. and people whine about crypto's volatility.
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@lifeworship ·
this is why it is called "the devil's metal". silver is the best investment for people who like roller coasters. at least crypto has an excuse because it is new and unfamiliar. silver is still doing this after thousands of years. i could blame manipulation, but i think there is manipulation going on in crypto too.
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@tuck-fheman ·
<blockquote>but i think there is manipulation going on in crypto too.</blockquote>

#fontas
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@anotherjoe ·
It's already seen it's low. This is wave C of 2. When it bounces, watch out. The next few years will be great for hands that weren't shaken loose by the last few. Time to buy. And, at this ratio, time to trade gold in for silver. Trade back when the ratio gets back down to 40:1.
👍  
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@daveks ·
Looks like there is a lot of support in the $15-16 price range. The 1 year chart looks attractive to me!
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