25.09.2014 - How low can gold and silver go?
A word of warning – if you’re a gold or a silver bug, you’re not going to like what I have to say. Gold looks absolutely awful. It’s up the proverbial creek and there’s no paddle in sight. Silver looks even worse. Just how much more ugly can all this get? What’s the worst-case scenario for silver? We’ll start with silver. Last week, Reuters reported that silver holdings in exchange-traded funds (ETFs) were at all-time highs. That is incredibly bearish – and it was worrying me a few weeks back...............................................Full Article: Source
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