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Precious Metal Guru's...Opinion on Ag

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Precious Metal Guru's...Opinion on Ag

Old 01-09-2016, 09:10 AM
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Default Precious Metal Guru's...Opinion on Ag

Curious to hear what the precious metal buyers/traders have to say about the current price of silver. It seems to be bouncing around the 14.00/ounce mark, has it bottomed or will it continue to trend down from its 2011 high. Are u buying, holding or selling. Where do you think prices will be a year from now. ;?
Old 01-09-2016, 09:15 AM
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Originally Posted by Poncho65 View Post
Curious to hear what the precious metal buyers/traders have to say about the current price of silver. It seems to be bouncing around the 14.00/ounce mark, has it bottomed or will it continue to trend down from its 2011 high. Are u buying, holding or selling. Where do you think prices will be a year from now. ;?
It seems to be undervalued at the moment but there has to be something I don't know holding the price that low. The biggest use is in manufacturing and it could be the concern for that market segment based on the mess a lot of countries economies are in. But that's just speculation and I'm not in silver.
Old 01-09-2016, 09:42 AM
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Originally Posted by mikefloyd View Post
It seems to be undervalued at the moment but there has to be something I don't know holding the price that low. The biggest use is in manufacturing and it could be the concern for that market segment based on the mess a lot of countries economies are in. But that's just speculation and I'm not in silver.
I wonder if it's because of the China market situation right now. They use a lot of silver.
Old 01-09-2016, 09:45 AM
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