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Which Way for Silver?

  1. tdarby profile image61
    tdarbyposted 7 years ago

    Which direction do you think Silver will move over the next six months?  And why?

    1. Bill Miller profile image56
      Bill Millerposted 7 years agoin reply to this

      It will go up, and my reason for saying this is a secret, but trust me!

  2. Ben Evans profile image74
    Ben Evansposted 7 years ago

    If you watch copper you can see it is way of the highs of over $4.00 per lb.  Silver is at 18 and it has been trying to test the boundary right now.  It saw its high in 2008.

    Silver has been testing 18 for a while.  If it does not pass 18 with power soon, it has a good chance of taking a big drop with out very many supports.

    Copper, Gold, and Silver I believe are bad bets right now.  Now they could go up but there is a lot of risk in the market right now.  The only metal I would have any interest in is nickle.  I think it is going to rise.  Nickle is used to produce stainless steel and other steels like monel.  Even so I would not bite on it.

    Stay away from these metals for at least 6 months and then reavuate at that time.  The danger and risk is too high right now.

    1. tdarby profile image61
      tdarbyposted 7 years agoin reply to this

      Ben, great insight and reasoning.  Thanks for the info.