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Message: Silver Eagles not on sale yet Sphindog

Sorry, Khaki...really busy this time of year...couldn't get to posting till now.

I bought a measly 10 oz during this last dip...they were 5 each of the last two Canadian Wildlife Series coins. I needed them to finish my "five-fold" of each, which makes a nice collection.

The charts tell me that the big boys intend to fill the gap all the way back to the $19-$20 range...probably not before a few weeks. I expected a massive rush to physical during this last dip, but APMEX is already offering JM 100oz. bars for under $25. The premiums should start to come down soon. The next jerk down to $20 should be the last.

I'm sure Pic will blast me about something...but I felt since you asked, I should respond. I give you Clive Maund's commentary. Pic doesn't think much of Clive, so he will blast this commentary as well...but silver DID drop to the $22-$23 level, didn't it? It will hit $20 soon...and you should be able to get some physical for around $22/oz.

Take it or leave it.

http://www.silverseek.com/article/silver-market-update-11116

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