Keep Hearing Rumblings of PM Crash in Late March

[Shami-Amourae]

According to this Silver may crash in late March to around $24. I've heard similar stuff (http://www.youtube.com/watch?v=pbMPQkAbeVc) online before this video. She says Silver will have an average price of $28 this year. There are no shortages apparently. Those are all conspiracy theories. This is coming from the CPM Group, but for the record, their commentary has been pretty spot on lately.

...Ummm uhhh uuhh ummm ummm uhhhh uuhhhh...

http://www.youtube.com/watch?v=-ygJaEPIWQU


Personally I don't know what to believe, but I don't believe the "Silver Gurus" blindly anymore.

[Celtic Rogue]

Yeah right... sell all that worthless stuff before you lose everything! Hmmm I think I will keep my silver... well that is if it was not for the unfortunate boating accident!

[osoab]

Have to remember that this came from Kitco, home of Jon Nadler.

[Neuro]

Have to remember that this came from Kitco, home of Jon Nadler.
Ah, the eternal silver bull....
















...shitter

[BabushkaLady]

I don't trust anything (up or down predictions) that I hear anymore.

My gut says $31 isn't a bad price, and I'll take seconds and thirds if they're dishing out $28.

[slvrbugjim]

Hmm looks like might be right

[madfranks]

Off by a few weeks but otherwise nailed it.

[Spectrism]

Interesting that she figured prices would weaken starting in March. She said they would drop into the 3d quarter.

What could shake the prices is a dumping of ETFs due to some calamity. If people need to cash out, we could see an avalanche. I would love to see an avalanche of silver, paladium and gold prices, but there needs to be physical availability or the price drops don't help at all.