[quote=scaredyclassic][quote=The-Shoveler]I was listening to a pod cast about silver, This guy was saying Silver was likely to reach 25 or so, but if stocks crash then Silver and Gold were likely to follow (Silver down to maybe 15-17 range) but then it could go to 50 or so after it builds a base after the crash.
Me I always think the issue with Silver is that it is a “must” have industrial commodity so at some point the gov steps in to limit the price.
Anyway just my opinion which is not worth much LOL.[/quote]
how does the us govt limit the price of an internationally mined and traded commodity?[/quote]
Not sure but that was the rumor the last time it got into the 40’s, the gov started investigating etc.. large holders of Silver (heavy handed investigations etc…)
The gov does not care a bit about Gold it can do whatever it wants.