I could very well be wrong, but I believe that this could be bottom for the simple fact that the currency supply has increased dramatically since previous lows, but then again, silver price does not behave in a remotely natural way. Time will tell my friend!
It doesn't matter if this is the bottom, or not. Even the most stingy silver-stackers will agree that buying in for $16.50 is actually an investment that will pay off - at least something positive. It will not lose its' value, so you just can not go wrong in the long-term.
I could very well be wrong, but I believe that this could be bottom for the simple fact that the currency supply has increased dramatically since previous lows, but then again, silver price does not behave in a remotely natural way. Time will tell my friend!
Your certainly right about the silver price not behaving in a "natural way" That's a great way to put it.
It doesn't matter if this is the bottom, or not. Even the most stingy silver-stackers will agree that buying in for $16.50 is actually an investment that will pay off - at least something positive. It will not lose its' value, so you just can not go wrong in the long-term.