Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
me too, I would love some 29...28 even better!
Looks Like Just a Pun , no drill results with that statement, over 15 years and no result, speaks for it's self, as a short pun.
I held off today hoping some where there tomorrow, I would love some 29, that be great.
Today I opened the paper and there were 12 different ads for silver and gold eagles for sale. For such an 'obscure' investment, I am surprised at how much press it receives ...
Thanks for the chart. Working and couldn't see
Ever wonder if Ben is the one buying them?
Good to see the Bulls strut there stuff a little and show there muscle I was starting to wonder about my physical holdings. Good luck fellas.
Enormous Precious Metals Deposit found in Ethiopia
http://www.bloomberg.com/news/2012-03-15/saudi-billionaire-s-gold-find-may-double-ethiopian-production.html
Commodity manipulation confirmed....
Public Information Collection 77 FR 8817
Organization(s): JPMorgan Chase
http://comments.cftc.gov/PublicComments/ViewComment.aspx?id=57019&SearchText
Full disclosure
I am looking forward to buying back in at the mid- to high- twenties.
What irks me more is the 2% down in rhodium. I have about 20oz purchased at $1600+fees. It is a position that is very difficult to hedge against ... and the market is so thinly traded.
Precious metals output continues to decline in Africa, and since Rhodium is almost exclusively produced in Africa, I'm thinking that there is significant upside potential.
Silver at $26 - $28, I will add with an approximate 40% increase from my previous position.
I did not buy put options on silver this time around, because silver is in it's 3rd major correction since the spike, and could be setting up any number of bearish or even potentially bullish patterns. The risk of it going either way is too high.
SLV double bottom in on the daily chart! I backed the truck up today on cheap calls, tomorrow will be too late in my opinion. Let the MASSIVE silver run up begin!!! WEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!
Wait for 28
It rhymes, so you shouldn't forget it. Wait for the silver price to hit $28 on the spot. Those of you who know me, know that I have been repeating the same mantra.
If it bounces off of $28 and moves sharply higher, then buy.
If it falls through $28, then wait for $26.
I dont even know what to say? that is sad and bad ass all at the same time! great video and thanks for posting it.
Cheers Buds \_/
No not really, I just like to ramble about stuff that I know just a little about! lol... you seam like a great person to me.
Cheers Buds \_/
Alert from Bix Weir: Lock The Doors & Melt The Witch
roadtoroota
MARCH 14, 2012
Did you catch the OpEd in the New York Times this morning? If not here it is...
Why I Am Leaving Goldman Sachs
What most people are focusing on are these passages:
"I can honestly say that the environment now is as toxic and destructive as I have ever seen it."
"Execute on the firm's "axes," which is Goldman-speak for persuading your clients to invest in the stocks or other products that we are trying to get rid of because they are not seen as having a lot of potential profit."
"Over the last 12 months I have seen five different managing directors refer to their own clients as "muppets," sometimes over internal e-mail."
All of these are important revelations to hit the mainstream press but nothing that we didn't know.
What is VERY important about this article is the person who is quitting - Greg Smith.
"Greg Smith is resigning today as a Goldman Sachs executive director and head of the firm's United States equity derivatives business in Europe, the Middle East and Africa."
Holy Cow Batman! It's the HEAD of European Derivatives for one of the biggest CDS players in the world, Goldman Sachs! He's running for the hills just days before the settlement of the largest CDS payout in the history of the industry! Lay this fact on top of the retirement of the CEO of the CME and the removal of the CME as a European Derivative Clearing Organization and you have one toxic brew.
I've been doing some research into the settlement process of CDS's for the Friday Road Trip and from what I can surmise they call it the "Big Bang Protocol" for a reason! What a Cluster #!@*! When the DTCC came out and said this was only a $3.2B issue they totally left out all the Greek CDS's that are not purchased to cover any specific bond investments...which is most of the Greek CDS market!
More in the Road Trip.
On a lighter note, Tamz has recorded another one of my articles and it is appropriately timed...
Melt The Witch
If you've been waiting to buy silver on the dip - now would be a good time. When the Greek CDS market blows you can kiss the manipulation game goodbye! Then again you can kiss almost EVERYTHING goodbye.
May the Road you choose be the Right Road.
Bix
LMAO ! somewhere between 31.40 and 28. my plan was to buy it down but i didnt jump yet. you remember last time i missed by $2 so who knows. tricky one this SLV
Hoping For a Dip Here tomorrow, maybe luck gets me a bottom buy, but she looks north tonight , will see, what happens in the Morning if Longs are strong or Fearful of Fearless.
A Few More Longs To Wash Out I think, than be hitting it heavy.
Down as well as up always gets panic buy sell
Where's Bottom ya think 29-30 on this????
SLV
Think one more pull down tomorrow, than take off, will watch tomorrow
oh don't get me wrong... i understand.
you are a better man than I, Ganggadin.
Are economy I.E. the USA has no real intrinsic value, it consumes more than it produces, and this consumer driven way of life backed by “The Worlds Reserve Currency” I.E. US fiat can not sustain it ways IMO not even with changes.
So your comparison is illogical to me, your comparing something the world views as $$$ to the promises of a liar! And asking why they don’t act the same on paper. Well it’s because the liar has two sets of rules to his game and if he’s not winning the game he changes the rules IMO
But don’t take my word for it, read the US constitution, the one that clearly states that gold and silver are money and anyone including the federal reserve and the central bank who print counterfeit currency are punishable by death if convicted <- and that my friend was where they changed the rules to try and continue winning the game! Check out YouTube videos to find where the fed and the central bank state where they are above the law.
Here I will help you out.
yup...
Hell this says it could dip more tomorrow! lol...
Teach them how you make the $$$ and they will be just as happy IMO
Cheers Buds \_/
apmex.com.. it's one day only, and only the APMEX rounds, 1 oz
$SILVER 50MA=32.86
http://stockcharts.com/h-sc/ui?s=$SILVER&p=D&b=5&g=0&id=p47644300161
SLV 50MA=31.92
http://stockcharts.com/h-sc/ui?s=SLV&p=D&b=5&g=0&id=p00308610706
Both broken today, no support there.
see if the 50ma holds. looks like it might
You can buy paper SLV for .75 below spot, why not?
got a link? I can use 100 silver rounds at sale prices
'not lately'...true, but after playing silver for about 40 years, these prices will look like lost opportunities also....someday....especially for your children and grand children. Mine might be a little upset, since I have been living on much of my old silver since becoming disabled....sorry kids.... lol
tom
Where do you think we bottom here? 29.50?
Physical Buying - Preferred Outlets?
May I ask what type of physical silver you prefer and what are your preferred places for purchasing it.
I know of the following:
www.providentmetals.com
www.gainesvillecoins.com
www.tulving.com
Yup and I got my 1oz bars for 1.29 over spot. Every time these crooks wanna drop the price I will keep on buying too.
Yikes.... APMEX 1oz silver rounds are going for .99 over spot if there's any buyers out there... Not looking very pretty lately..
I only wish I had loaded up on silver when it was $8 an oz, you know, back when the mint was selling 8 million Silver Eagles for the whole YEAR and not 8 million oz's in 2.5 months.
8 million Silver Eagles sold by the mint in 2 1/2 months, upward to 32 million for the year!!!!!!!!!!!!! AWESOME!!!!!!!!!!!! Hundreds of Eagles trading hands every day on EBAY!!! AWESOME!!!!!!!!!!!!
ut... no resistance there
now to test the 50dma...
heres something Jaws posted to Shortshark in his blog...
that was the 100ma
That's what I'm thinking as I eye some 5oz sunshine bars at Apmex
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |