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silver price finally today
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Silver and Gold Prices finally in Positive Territory
Gold and silver are finally back up today. Maybe we have finally hit the bottom for both Gold and Silver. Gold looks like it’s starting to rally and silver moved up well off daily lows. I think patience is the key and that both will begin rallying. Hopefully we won’t see a parabolic rise in silver, with a huge collapse. I have silver at $45+, so buying more now will drop my average to around $40 an ounce of silver. I still anticipate based on fundementals that we will make it back up to $50. Jobless data was better based on data, but pretty clear that it is far from normal. If you invest in coins check out APMEX Cinco de Mayo sale. Price reduction on items like 1986 1 oz Silver Mexican Libertad Proof - (w/Box & CoA). Check out all the deals at APMEX ...more

silver prices today
GOLD & SILVER PRICE ESTIMATOR

Surprised if Silver and Gold Prices Don't Make Another Big Drop
My similes and metaphors may ofttimes want some explanation. When I say that trying to buy in a correction is like trying to catch a falling knife, think about it: you might catch the handle, but you also might catch the blade or point. Better to pick it up after it hits the floor. Yet if you wait too long, you might miss it altogether -- the falling knife dilemma.

Some of y'all misunderstood my comments about the gold/silver ratio target for swapping back into silver from gold. I used 47.5 as an example, but I am expecting and hoping the ratio will surpass that mark. Ultimately, 58 may not be reasonable, but I am still pondering while the market unfolds.....more