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A sales pitch for silver Panda coins is your reasoning why silver isn't going to $22?
Cmon.
Silver isn't going to $22 an oz in China:
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If someone hand draws a chart like this, it must happen. Have a lot of dry powder to snap up all that stray silver people will be GIVING away at the teens because it will be worth 10 times that when the shortage explodes.
Man teens would really be something "well gee Wolly do ya really think it will happen"
"one could only hope Beav"
Besides you know it’s a ruff run when the price action on your hand drawn chart is in the volume graft! Rofl….
Cheers Buds \_/
P.S. Go Go Go $SILVER/SLV
He could be right it is an election year, they will prop up the dollar and silver will drop and then it will all come unraveled and BOOOOOOM! See like $150 OZ silver IMO or maybe nothing like that will happen at all???? Don’t have a crystal ball and have never been that great at predicting the future but then again I’m not blind either! Lol… I see what’s going on in the world.
Cheers Buds \_/
Still waiting for that $22! lol... Could happen and I'm still hoping it does, that would save me 5k on that box of Maples.
Cheers Buds \_/
I see $62 or better this year....
2008 till now Gold and silver compared to Dow
Dow was at 13,232.62….up 1%.
Gold was at $1,658….up 96%.
Silver was at $32.27….up 116%.
If we went back some more gold and silver would be 2-300 more % outperforming the Dow.
To late to get scared now! Lol…
Yah a few traders do play in real money IMO and he’s going in stronger than me but I try.
Cheers Buds \_/
Probably will go with 3 buys unless my self control gets me and go 2 buys, slv uslv agq, ugld mostly silver.
holy snikees... I would divide that out into 10 15k buys... say 15k each month for the next 10 months and pick a bottom every month (or something similar) IMO...
Mine is also fair weather only , if down she wants to run if going up she never wants to sell, but she can't buy on the way down on anything, good person but sheep is the word yes.
I have 150k set aside to try and catch bottom here is why I'm trying to do the best on bottom fishing, with that much on the side, I sold some mutual funds to go in big.
I agree, my wife is one of the sheepeople and saturday she turns and looks at me and says "Something is wrong around here we need to get the hell out of here!" and all I could do was laugh?
Cheers Buds \_/
Bought my first oz at 5-6 gold 340 at the bottom but still buying on dips.
The Longer term is going to be huge, the manipulation scam will end at some point.
We Could just as well see $100 slv this year, I don't know when people will wake up more so they just have not yet, the margin increases ran off the the paper speculators last year.
It's Just That I have powder to put in and was hoping for the best deal, no matter I still have enough to make a person very well down the road, I did not sell any silver or slv on this dip, just looking for the best to lay some more on it, for long term.
I been in this for years and keep adding to the pile.
They can stick this in a whole all the way to Friday if they want my dealer is open 24 hrs a day! lol...
NOTE: just feels not quite right for a long to be hoping for a down run IMO lol...
Cheers Buds \_/ and come on $29! lol...
12:00 knock down hope the stab it down and another one tomorrow.
Yes 5-10-20 turn down hope so
i think going down. 5,10, and 20ma's turning down
Silver is out shinning Gold today , by along ways.
Seems a big market correction maybe soon could take slv down a notch or 2 .
I'm holding off my big buy , hope your right.
SPOT at 33 now but looking at SLV daily, the upper BB is coming down hard and decreasing volume. not getting over the 50ma. its gonna break. i just don't know wich way
What the Buyer hope for is a manipulated pull back, which maybe likely on the other hand silver can rocket up as well, we don't know what is what really, except , silver bugs know that its on the cheap as we speak.
Fair Price For Silver Is 100
Silver is way on the cheap compared to Gold
IMO if it's still worth $30 an OZ when the USD o's out I will be happy, I guess? lol...
Cheers Buds \_/
Spot 33 now again
I wish silver would pull back to 29 loading zone, that's a wish though.
Never Know Silver is Cheap here IMO , but that's mine. $806 is 600 year average price.
31.82 spot I guess, thanks
CENTRAL BANKS BUYING GOLD WHILE PRICES ARE LOW
Precious metals prices have moved little through this morning. In the past few weeks, Gold has been experiencing a positive correlation to Treasury prices, which means Gold likely will follow the trend of U.S. bond prices. According to the Financial Times, an industry source reported in recent weeks that central banks have been buying Gold, with an estimated 4 metric tons of metal being bought. The attractive prices are considered to be why central banks were drawn to purchasing. The consumer demand seems to have helped boost Gold sales at this time, more accurately termed “bargain hunting” at these price points.
With India's announcement Friday that taxes for Gold purchases will increase, many jewelers across India have been on strike, knowing the shift to double customs duty on Gold will increase prices and weaken demand. Anjani Sinha, chief executive of the National Spot Exchange in Mumbai, outlined a method to entice citizens to increase investment in Gold. “The scheme should be so attractive that it would lure Indian households to deposit their Gold ornaments with banks or Reserve Bank-approved mints in exchange for a Gold bond. This Gold can be melted, refined, converted into hallmarked Gold bars and resold by the banks in the domestic market. This would help reduce the import of Gold in India without impacting the domestic demand and supply dynamics.” Today, credit rating agency Moody’s announced that starting in April, India's credit rating will be credit negative for its sovereign debt. Moody’s said, “A dependence on corporate tax revenue and vulnerability to commodity prices and exchange rates weakens the government's credit profile. And the … budget’s lack of specific policies to address these weaknesses is credit negative.”
Oil prices are moving up today as unrest continues in the Middle East. Iran’s nuclear program is still a source of concern, and the potential of military strikes and Western sanctions are sending prices soaring. With higher oil prices threatening to stall economic growth globally, OPEC leader Saudi Arabia is increasing production, and the U.S. government is considering tapping oil reserves. Libya also appears to be ramping up its oil production. “Iran as a supply risk is supporting prices, and weaker demand, rising production and physical oversupply is weighing on prices, so it is keeping prices rather stable in this narrow range,” said Carsten Fritsch, commodity analyst at Commerzbank.
dow is WAY overbought now IMO... all due to the plunger team IMO wait until they sell...
Then maybe you should watch the content of the video. It's actually quite good and 100% on the money!
Or don't either way it doesn't matter
below the 100ma. 32 coming and test of 31.82 is my guess
there's always going to be scepticism I'm sure.
its quite far fetched and inconceivable for us to believe such an organization exists. check out this article from 2002
http://www.rense.com/general30/illuminatidefector.htm
I would not trust a video labeled "Illuminati."
Silver and gold have more than just one force tugging on them at any given time.
There is a finite amount of capital in the system at any given time. The entire past year has been about the flight of capital from one asset class to the next, thus supply and demand are still in action.
Looks like we have great support here, they could easily manip it down though.
$34.98 right now and thats if you get at least 500!
We Tested The 100 didn't we, maybe one more test than, but it appears to want to test 200 first, 50 50 I guess.
i think we test the 100ma
Ya I think if Volume is up I will jump on a few.
lets see what we see in the am
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