http://www.financialsense.com
Silver: Crisis or Opportunity?
Is the recent plunge in silver the beginning of a bear market or a major buying opportunity?
Crisis- the coming recession will drive silver much lower
13%
Crisis- the Federal Reserve wants lower metals prices
6%
Neither- this is a typical pull-back for silver; short and violent
11%
Opportunity- in the medium to long term, this is a gift
34%
Opportunity- QE3 is coming, as is default in Europe
36%
|
70% view this as an opportunity? Not the kind of numbers you see at bottoms.
FWIW, I voted for pull-back, so I'm in the 11% but you don't get to see the results til after you vote and that 70% does make me nervous. Might have changed my vote if I'd seen it first. Ah, whatever.... it's only silver....LOL.
ebear