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Oh it doesn't look like there is any way it can't happen IMO Lol...
Surprising how many don't understand what your talking about when you say GOLDEN CROSS
When I used to speed trade penny's I would almost exclusively use 8,13,& 21 EMA 8 over 13 over 21 you buy 8 breaks down you sell, real easy IMO doing on the other hand could be hard Lol... you know your getting it when it's harder to buy then sell
Silver just opened flat! now it's drifting lower.
Cheers Buds \_/
Silver Chart for 08/01/2014
Just want to talk about this chart a little.
1) Price is sitting on the 200 MA the 50 MA is .05 lower and the 100 MA .28 lower
2) it is sitting on the lower BB as well
3) CCI is and has been in an over sold condition for 8 trading days
4) MACD flipped to sell on July 14th
5) RSI is actually holding up good for the way the rest of the chart has reset to the low
6) Daily volume is building daily for the past 3 trading days with more sells than buys for the past 2 trading days
Now the question is, do the MA's hold? if so the new bottom could be in and setting up for the next move up but if not we could see a test of the previous lows around $18.75
Cheers \_/
OK so I have nearly perfected the Goat Cheddar! Temp control was critical even more so than I had originally thought. I found that getting it up to temp and killing the heat it will maintain temp for hours in the size batches I'm cooking.
Might start making UTube videos on it just because there isn't enough down to earth videos on the subject out there IMO
Also made 20 12oz jars of marionberry jam today! YUM
Cheers Buds \_/
Cool, just cant find a lot of good info other than it might stay the same or everyone get a free ride out of there positions. Personally that's not working for me, it's about the same as me asking for my $40 an oz I paid now that we are at $20! Lol... so if I don't like $20 give me my $40 back! It even sounds stupid when I say it but yet this looks like it could be the deal for all the comex paper?
Cheers Buds \_/
No I actually have 1/4 oz coins but have been looking at some 100 gram sheets divisible by the gram, there like $120 a sheet so that's $38+ an oz! Kind of pricey if your asking me
Cheers Buds \_/ and Happy Friday
For me $20 is a buy and anything under $20 is a buy more
What is going on with the fix? any new news or ideas?
Cheers Buds \_/ and Happy Friday
Markets in a major correction while silver is holding up better than I had pictured.
Cheers buds \_/
Any time, thanks for hanging out with us!
Cheers \_/
I have pieces down to 1/4 oz right now, most of my stack is 10 oz bars. the small sheets are just so high over spot Lol...
Cheers Buds \_/
There are some hidden points there IMO that I picked up on, made me smile Lol...
1) was the golden rule line, he who has the gold makes the rule!
I put something together about silver there, I have always believed the game was musicale chairs but never really made the connection that the music was fiat and the chairs are physical so when the music stops there will be no time to jump on one of the chairs, you either have one or you don't get one IMO
Now for me I don't stack to get rich I stack to have something in the event that most have nothing.
Cheers \_/ and thank you for the link, keeps me thinking
Just went in the store, credit/debit down state wide here in Washington state. Anyone know anything about this?
If I were giving odds I would say $250 would have a better chance than $2.50
Silver is suppressed IMO but the market is small and easily manipulated so who knows?
Cheers Buds \_/
I'm not a big fan of deleting post! Just trying to keep the board focused.
Cheers Buds \_/
Very cool, thank you!
Now unlike the author I think there is always a chance that it could make it to that $6 not likely but would just be my luck
Good fact based article, post all that you like.
Cheers \_/
It is looking good today!
Cheers Buds \_/
He said silver 111 times
Great list of facts, the real question in my opinion is when? I guess if we new that we would be sitting while the music was still playing.
Cheers Buds \_/
It has been brought to my attention by powers greater than myself that the mission statement of this board is "Welcome to Economic Collapse, a page where everything financial is on topic! Enjoy."
So religious post are technically off topic and from this time forward they will be deleted as off topic, I hope everyone understands? it's not personal just off topic!
Cheers Guys \_/
I like to look at all the angles and his is really different than many others IMO doesn't mean I think that is the answer or the only answer but I do like his views.
I could get into what I believe but then you would really think I was wearing a tinfoil hat
Cheers Buds \_/
Silver opens in 40 minutes, what will the day bring? I personally have positive feeling about silver in the coming weeks and months but with the manipulation it is hard to judge daily movements IMO
Cheers \_/
Is Silver Really Worth $50 an Ounce?
With Wall Street and institutional investors continuing to place some big bets on precious metals, there are growing calls from some analysts that silver is significantly undervalued and is worth $50 an ounce. This may sound ludicrous to some investors — the metal is now trading at U.S. $21 an ounce — but there is a rationale behind the argument.
There is a strong correlation between gold and silver prices and while gold has rallied strongly this year after seeing its price collapse after the Fed started unwinding quantitative easing at the end of 2012, the price of silver hasn’t kept up. The key driver of this emerging view among analysts is the gold-to-silver ratio, which measures how many ounces of silver are required to purchase an ounce of gold.
At the height of the gold rally in 2011 it took 43 ounces of silver to buy one ounce of gold, but since then the ratio has widened with 63 ounces of silver required to purchase one ounce of gold. But some analysts are claiming the gold-to-silver ratio has historically required 20 to 25 ounces of silver to purchase one ounce of gold and believe prices will adjust to reflect that historical ratio.
I am not so bullish on silver, though there is clearly plenty of room for silver prices to run and I would expect to see the ratio close to below 50.
With gold currently at around $1,290 per ounce, the narrowing of the ratio to 50 would see the price of silver jump a hefty 29% to approximately $26 per ounce. Such a significant spike in the silver price would be a boon for battered silver miners who have been feeling the wrath of the market as precious metal prices plummeted.
How do investors take advantage of rallying silver prices?
Investing in silver miners is essentially a leveraged play on silver and offers investors potentially higher returns than investing in the physical metal or an ETF like the iShares Silver Trust (NYSE: SLV). This is because the majority of their costs are fixed and already priced into their operations.
But which silver miners are the best bets for investors?
Billionaire investors George Soros and Ray Dalio have placed some big bets on precious metals streamer Silver Wheaton (TSX: SLW)(NYSE: SLW), while Soros has also placed a bet on Pan American Silver (TSX: PAA)(NYSE: PAAS).
Both represent solid opportunities for investors with Silver Wheaton being a favourite among institutional investors and Wall Street. Although with an enterprise value of 21 times EBITDA it does appear expensive, whereas Pan American Silver is still attractively priced with an EV of nine times EBITDA.
This is also one of the lowest-cost silver miners with first-quarter 2014 all-in sustaining costs of $15.54 per ounce compared to First Majestic Silver’s (TSX: FR)(NYSE: AG) $18.71 and Silver Standard’s (TSX: SSO)(NYSE: SSRI) $17.42 per ounce. But these costs are higher than Endeavour Silver’s (TSX: EDR)(NYSE: EXK) $12.15 for the same period.
These low all-in sustaining costs will allow Pan American to take full advantage of the spike in silver prices and generate a healthy margin per ounce produced, despite full-year 2014 production expected to remain flat.
Pan American Silver also pays a dividend with tasty yield of 3.4%, which is one of the best among precious metal miners and three times higher than Silver Wheaton’s. This dividend will also continue to see patient investors rewarded while the price of silver appreciates.
I believe it is overly bullish to think silver will hit $50 per ounce, but if the correlation between gold and silver prices returns to where it was at the height of the gold rally, there is significant upside available to investors. This upside will translate into solid improvements in the operations of silver streamers and miners with Silver Wheaton and Pan American Silver being the best picks.
Link
Rocking close and how many shorts held for Monday? poor suckers Lol...
Cheers Buds \_/
Might be a bad time to hold that short over the weekend IMO
Now every time I say take them to the wood shed it crashes so I will keep that thought to myself
Cheers Buds \_/
That $ drop reset the chart and here we go!
Cheers buds \_/ and happy Friday
Here let me help you with that.
Rudolph Look For Silver
You been watching the mini take down today?
Well that will reset your chart
Cheers Buds \_/
I have been looking at those, it's big isn't it? Like bigger than even a sunshine 10 oz bar?
Cheers Buds \_/
You got the one bar that I don't have any of! Lol... I own a lot of stuff but no Silver Town at all
Cheers Buds \_/
P.S. Good looking bars
It's silver so it's hard to say IMO but another opertunity IMO
Cheers buds \_/
Still trading in a channel, now if it breaks way below the $20.80 mark there will be something to see IMO
It has been holding strong there so fare but we will see.
Cheers Buds \_/
After holding up well all day silver is taking a little beating this evening, nothing new IMO should bounce right back in the morning, or will it? Lol...
Cheers \_/
I have been on a 10 oz bar tear, just like the size
Cheers buds \_/
Another sideways day for silver IMO
I really like this $21 shuffle it has been doing, holding better than I was thinking it would.
Cheers \_/
Now your just making friend left and right aren't you
Cheers Buds \_/
P.S. Kick his ass Nicky! Lol...
No kidding! welcome to the board buds.
Cheers \_/
Amazon hoop house for around $250 is what I'm thinking! Lol... wouldn't mind building something but I am already way busy.
Cheers Buds \_/
Should be an interesting day IMO
Cheers Buds \_/
Half the state is on fire! but not my half Lol...
Don't have cable TV just a roku so news comes to my house very slow and I like it that way, don't believe most of it anyway.
Think I'm about read to start building a green house, don't what to wait to long.
The hard cheese I was all stressed out about is turning out perfect even the one I thought was messed up. 2 hens laying now 11 more to come. Black berries are getting ready so I'm going to make all the jam I can get jars for, why not the berries are free?
And my second child will be here around Jan 1st, wife is getting tired so I have to do way more of the work around here with all the animals but that's OK with me. I think that is about it
Cheers Buds \_/ and thanks for asking!
Silver Update 7/13/14 Perpetual Waste
they are hearing of pre-decomposed bodies