Capitulation incoming with Silver?

[bigtimespaghetti]

I'm not convinced we have see the bottom, though $18.17 has held.

There doesn't seem to be that total capitulation, unless you think it was at the beginning of last year.

Thoughts?

[tinof]

Silver price is still very depressed at more than 80% off its all time peaked.

Unless deflationary collapse hit, the price will need to go higher to adjust for inflation (labor, and capital cost).

[spazzdla]

Silver price is still very depressed at more than 80% off its all time peaked.

Unless deflationary collapse hit, the price will need to go higher to adjust for inflation (labor, and capital cost).

They can just pump out silver paper though...  If the fractional game on gold and silver is ever stopped.. my god the price of those metals.

[DeadCoin]

By 2016 silver in single digits

[counter]

I'm not convinced we have see the bottom, though $18.17 has held.

There doesn't seem to be that total capitulation, unless you think it was at the beginning of last year.

Thoughts?

I don't see the price being maintained for very long if it does go to 15 or lower in my honest opinion.  I just can't see miners being able to sustain mining with their costs to extract silver.  I'm not any very long term dips but we shall see.

[minerpumpkin]

I don't mean to compare silver to our Scrypt-coin friend we all know and love to tease, but it's interesting to compare those two. Gold has seen better times as well, though. I thought these were the days of investing your money in commodities! What happened?

[MightyBTC]

Is silver is available to buy just like bitcoins online?Is it profitable to buy silver

[lyth0s]

Is silver is available to buy just like bitcoins online?Is it profitable to buy silver

I wouldn't necessarily say its "profitable" to buy silver, but it may be a good store of value if the USD sees higher inflation. And of course it's always good to diversify a little bit.