SILVER 0.30% $15.25 silver futures

silver prices surging on near-record demand , page-16

  1. 696 Posts.
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    Champ i agree with you.

    I have not sold any of my physical Ag or Au and wont be for a few more years yet. At some point we will all need to loose our love of gold and silver and sell or face the obvious consequences.

    I think the supply fundamentals will ensure that the bull is not over yet. Just think we are overdue for a correction to shake the loose holders.

    From DEC 1974 gold traded at $195.25. It corrected to $103.50 by early AUG 1976. Thats almost half in the middle of the last great gold bull. It than went on to $850 by JAN 1980. My point is corrections in the middle of bulls do happen, but it doesn't mean the bull is over.

    Remember the downside corrections are larger in a bull than the equivalent up in a bear.
 
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