Jim Letourneau's Blog

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Smashed Silver on Sale

Silver Price Posted by Hello

Best to get the bad news (at least for the metal maniacs) out of the way early in the week. The price of silver is in a mild freefall. You can't "buy low" without these pullbacks.

ANYTHING is possible with the price of silver but there is long term support at $6, a fast move to $5.50 wouldn't shock me.

All is not lost. If you need some motivation to stick with silver I suggest the following:

Silver's Demanding Allure by James Altucher of TheStreet.com

Not Advice

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I paid the highest price on the day for a junior silver miner... doh!