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Silver- what to do Buy or sell ?

                 It is new question that makes us think twice.. Do i have to sell silver now.. as prices are too low and I will face lot of loss. Or do I have to buy and keep the silver as it come up in price. 

Though silver had a fairly steady October, holding near the $17.20 mark for much of the month, it took a big hit Thursday due to a stronger US dollar and Wednesday’s “surprisingly hawkish” statement from the Federal Open Market Committee (FOMC), as per Kitco’s Jim Wyckoff.

Silver- what to do Buy or sell ?

  Kitco’s Jim Wyckoff is not so assertive. But he said it in vague manner. 

 
Kitco’s Jim Wyckoff is just saying in a vague manner but not indicating exactly what to do. Specifically, he states, though the FOMC’s decision to end quantitative easing was expected, its statement “emphasized the improving U.S. economy, which led many to believe U.S. interest rates will be raised in 2015.” That was a blow for those hoping for a “dovish lean” from the committee.

 

Silver- what to do Buy or sell ?

Silver- what to do Buy or sell ?

 

Silver- what to do Buy or sell ?

             I am in confusion. Who to follow…

As mentioned, silver closed Thursday at $16.46; earlier in the day it hit $16.33, its lowest price since March 2010. So personally I suggest to get rid of your silver stocks. The indication is it can travel new lows…

 

          Posted- tag-  Silver- what to do Buy or sell ?

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