Is the Low Price in for Silver?

Tuesday, July 9, 2013

The dip and subsequent rebound in the silver price has led some to conclude that the low is in. But is it?

The Technical Traders certainly isn't convinced, and points out that technical charts indicate gold and silver are still in a downtrend.





Rahool, at Altinvestorshangout has an interesting video where he submits that gold (and silver) will bottom when the DXY hits 89 and the 10-year TIPS climb over 2 percent.


Chris Marchese - $17.50 (price target at end of video)




Then there are the silver price calls:

Don Harrold - $17.50






Peter L Brandt - $16.15

Louis Yamada - $14 - 15.

While it's possible the low price is in for silver, the above argues that it is not yet in.
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