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"Suddenly the thought to flee came over me but after looking around maybe it had been well planed out"
IMO it began a long time ago my friend!
Cheers Buds \_/
I cant agree more, the thing I have to keep telling myself is this has happened before, it might really suck for a while but the country and the world for that matter have always recovered and moved on to the next greatest thing!
I just am positioning myself so that it hurts even less I truly believe that a nice stack will get me lots more in the future than the small amount of cash is taking from me today.
Cheers Buds \_/
Looks like it broke through the top IMO lets see what Monday brings.
Cheers \_/
We'll thank you! Kick the tires, post some stuff, and tell all the stackers!
Cheers buds \_/
Price action is just running into that $19.60 will it break through?
Cheers Buds \_/ and Happy Friday!
I like your reasoning and yes its cheap IMO as well.
Thanks for your take buds.
Cheers \_/
what do you think is moving it?
Cheers Buds \_/
Broke through the 50 MA today! Lets see if it holds? Took delivery of my second load this week, third in two weeks! think I will cost for a few and see if it was the right move or not.
Cheers Buds \_/
Not a problem! don't have PM, lets run straight silver and see where it goes. Looks like we may have a turning point in with heavy covering and buying pressure.
I will get some more posters here, should be good IMO
Cheers Buds \_/
I will check it out, waist to much time looking for info while I'm on the road slinging roofing! lol
Cheers Buds \_/
Looks like she is on the move buds!
Cheers \_/
I would know more but I'm just not as proficient on the iPhone during the day as you lol
Cheers buds \_/
What is driving silvers move here? Couldn't be the dollar is freaking getting killed could it? Lol...
Cheers Buds \_/
Silver is on the move today
Cheers \_/
I'm getting ready to put in my own hives, wish me luck
Cheers \_/
Good post! I have not seen a single honey bee this year lots of bumble bees and they seam to have done the job for most of my fruit trees.
Cheers \_/
And when its all over except the shouting everyone involved will be telling people through the lame stream media that they never saw it coming! Lol...
Cheers Buds \_/
It's day like today that show how top heavy the market really is IMO
Wonder if silver is at a bottom or is just still hovering? Still has me wondering! Lol...
Cheers \_/
Ps looks like there are now 4 followers here! Lol
Starting to look like my choice to reload at $18.80 might have been a good call! Lol...
Cheers \_/
2 brown 2 white and 2 of something else! Lol... lost 1 already but 5 is still good IMO
Cheers Buds \_/
Thank you sr!
Looking for ideas for that ibox, best silver suppliers? got a few but I know there are more. what other info should be in there? you know lots about silver Bert what would you be putting in there?
Cheers Buds \_/ and thanks for the stop by.
To anyone who happens upon this board, I am currently building the ibox, if there is anything you think should be in there just let me know.
Cheers \_/
Silver continues to languish near multi-year lows and remains one of the least loved commodity markets out there. We think this could change soon. Our contrarian view is based on cycles, positioning and sentiment - all of which seem to suggest that the metal is nearing an important inflection point within the next few weeks. The second half of this month looks particularly important for the metal as a long-term cyclical interval related to the 1980 inflation adjusted all-time high (34.4 years) should have material influence on the metal. At the same time that XAG/USD is entering into this potentially important cyclical period large speculator short positioning as measured by the CFTC has risen to its highest level in a decade. This has been accompanied by a swift decline in the Daily Sentiment Index or DSI to below 10% bulls just last week. In layman’s terms the market looks to be leaning heavily in one direction and is vulnerable to an important reversal when/if this concentrated position unwinds. Our cyclical analysis suggests this will probably happen sooner than later. From a cyclical standpoint we would prefer to see a new multi-year low before any reversal (ideally from somewhere near 17. 25), but if a strong enough pattern emerges before that we would certainly take that as a sign that the reversal is already unfolding. New cyclical lows in Silver into July would undermine the turn potential and signal our positive view was wrong.
--- Written by Kristian Kerr, Senior Currency Strategist for DailyFX.com
THE SILVER & GOLD FIX BROKEN
Your cool! Have fun and get back when you get back.
Cheers \_/
I don't get it! Lol... there is no add assistant moderator button? is there an add me as moderator button on your end?
This is the first board I have ever built that I couldn't just add who ever I wanted.
Cheers Buds \_/
I cant add you, your not following the board! Lol...
Cheers Buds \_/
I will get the IBox all straight over the next few days and then start inviting people, I going to need some Mods, would you like to be a Mod?
Cheers Buds \_/
Dam I have to post stuff like that more often IMO I just got some of the best data out of your time by posting the IMF stats page
Thanks Buds and glad your here! Cheers \_/
how is that silver investment treating you this year?
Your the first post on the board, I haven't even got it build yet! Lol...
Cheers Buds \_/
655 for you
Thanks again Buds! Cheers \_/
That's freaking hilarious! are you one of the voices in my head?
Dumped a truck load of phiz @ $34 been placing orders for about the last two weeks to reload!
I was stopping by just to make sure that all the silver boards are like ghost towns, I did follow your board and will use it as an indicator in the future. I noticed that Burt post here a few times so you guys must be all right or he would even bother IMO
Cheers Buds \_/
Special Drawing Rights (SDRs)
March 25, 2014
The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries' official reserves. Its value is based on a basket of four key international currencies, and SDRs can be exchanged for freely usable currencies. With a general SDR allocation that took effect on August 28 and a special allocation on September 9, 2009, the amount of SDRs increased from SDR 21.4 billion to around SDR 204 billion (equivalent to about $316 billion, converted using the rate of March 12, 2014).
The role of the SDR
The SDR was created by the IMF in 1969 to support the Bretton Woods fixed exchange rate system. A country participating in this system needed official reserves—government or central bank holdings of gold and widely accepted foreign currencies—that could be used to purchase the domestic currency in foreign exchange markets, as required to maintain its exchange rate. But the international supply of two key reserve assets—gold and the U.S. dollar—proved inadequate for supporting the expansion of world trade and financial development that was taking place. Therefore, the international community decided to create a new international reserve asset under the auspices of the IMF.
However, only a few years later, the Bretton Woods system collapsed and the major currencies shifted to a floating exchange rate regime. In addition, the growth in international capital markets facilitated borrowing by creditworthy governments. Both of these developments lessened the need for SDRs.
The SDR is neither a currency, nor a claim on the IMF. Rather, it is a potential claim on the freely usable currencies of IMF members. Holders of SDRs can obtain these currencies in exchange for their SDRs in two ways: first, through the arrangement of voluntary exchanges between members; and second, by the IMF designating members with strong external positions to purchase SDRs from members with weak external positions. In addition to its role as a supplementary reserve asset, the SDR serves as the unit of account of the IMF and some other international organizations.
How come know one post on your board? Looks like a cool concept and you have had posters here but it just dead now.
Cheers Buds \_/
Take delivery second load Monday third load Wednesday, this think flash crashes and I'm going to cry like a little girl
Out of powder for the next three weeks but vault filling fast!
Cheers Buds \_/
Welcome to the board buds! and thanks for the links...
Cheers \_/
Sometimes a little more than I like, spooked a 300 lb black bear in the driveway the other night! Mind you we are not out in the sticks by any means, I knew it was around because a friend of mine has been stalking it for the last few years but in the driveway? Lol...
Cheers Buds \_/
P.S. I don't know anything about birds my whole job is to just keep them alive and so fare I have done good on that front IMO
Got six turkeys today, very aggressive compared to chickens IMO but they are so cool! You guys think 6 is enough? Lol... My wife wants to name them Christmas, Thanksgiving, Easter....
Cheers \_/
Oh there a good drive for metals IMO
Cheers Buds \_/