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Post by jeffolie on Jan 7, 2011 9:30:07 GMT -6
my silver 2011 prediction
I am beginning to wonder if my low end prediction for silver will be reached because silver touched down to merely $28.35. The Dollar is relatively strong against the Euro, but that is not always a good correlation, matched-pair trade. I am not trading. I continue to hold our family's modest metals physical hoard with the goal of riding out the Dollar crisis starting after the 2012 elections.
2011 jeffolie predictions
GOLD, SILVER: gold will rise above $1455; silver will rise above $37. A high and wide trading range for gold from over $1500 to below $1300. A high and wide trading range for silver from over $40 to below $27. Use moving averages to stay with the trends both long and short if trading.
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Post by jeffolie on Jan 17, 2011 11:25:09 GMT -6
I noticed spot silver got closer to my downside prediction this morning when it reached as low as $28.04
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Post by jeffolie on Jan 20, 2011 10:06:44 GMT -6
I noticed spot silver got closer to my downside prediction 10 minutes ago when it reached as low as $27.40
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Post by jeffolie on Jan 20, 2011 10:11:30 GMT -6
I noticed spot GOLD got closer to my downside prediction 10 minutes ago when it reached as low as $1342
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Post by jeffolie on Jan 21, 2011 9:25:38 GMT -6
I noticed spot silver got closer to my downside prediction in the overnight hours when it reached as low as $27.08
9 cents away from my prediction
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Post by jeffolie on Jan 22, 2011 11:57:26 GMT -6
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Post by jeffolie on Jan 24, 2011 14:19:45 GMT -6
Silver is below $27 as I post this...$26.84
My jeffolie 2011 silver prediction that silver would trade below $27 came true.
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Post by jeffolie on Jan 25, 2011 11:56:52 GMT -6
GOLD touched down in the spot markets to $1323...declining even closer to my 2011 low side prediction...less than 2% away...1.7% above $1299
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Post by graybeard on Jan 26, 2011 17:50:25 GMT -6
Where do you expect gold and silver to bottom out in this recent drop, Jeffo?
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