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1000+ Penny Miser Member
USA
1612 Posts |
 Posted - 09/03/2009 : 17:01:12
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Poll Question:
SILVER has made quite an impressive move higher recently. How high do you think it will go in 2009? Or, do you think this is the top and it will forced back down again by the manipulators? Make your FEARLESS forcast for the SILVER spot price for the end of 2009.
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dakota1955
Penny Hoarding Member
800 Posts |
Posted - 09/03/2009 : 18:27:02
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| To bad we don't know for sure I would buy different than I do now. |
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oober
1000+ Penny Miser Member
USA
1051 Posts |
Posted - 09/03/2009 : 18:31:04
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| Cmon bankster kick silver's arse. I'm not done buying!!! |
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fb101
Moderator
USA
2240 Posts |
Posted - 09/03/2009 : 19:04:59
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These blowoff highs are usually short term tops. I expect it to fall back from this area and bottom around 13 and start again. The significant thing to note is that the last short term top was at $16.00 even, so this is a higher high indicating a bull trend in silver.
One of these days, it will start up and start staying there.
I don't think this is the one because the economic backdrop isn't in the right place for a permanent move, although it will soon be.
Buy the dips folks!
BTW: If I am wrong, this portends some seriously bad news coming pretty soon. |
Edited by - fb101 on 09/03/2009 19:06:34 |
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beauanderos
Penny Collector Member
USA
388 Posts |
Posted - 10/31/2009 : 00:30:19
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| Every time the price drops, scream, yell, curse, and then cry, then get out your wallet and buy more. |
Hoard now and hold on!
http://coppermillions.blogspot.com/ |
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vrbsroma
Penny Collector Member
354 Posts |
Posted - 11/23/2009 : 14:08:55
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| It's funny... We all think the value will go up high, but stop buying when it does. |
As far as I know, it is stated "In God We Trust" on the US dollar. How can I trust this currency if I do not believe in God?
Possession is nine-tenths of the law.
When I give my two cents, they're always copper! |
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PennySaved
Penny Collector Member
359 Posts |
Posted - 11/23/2009 : 15:25:15
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| I have noticed it has been harder to buy junk silver at the coin store lately. I think it will go up more. I like it when it goes down though. I bought a bunch when it dropped to $9 an ounce late last year |
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Lemon Thrower
Penny Hoarding Member
USA
912 Posts |
Posted - 11/23/2009 : 16:25:52
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quote:
Originally posted by fb101
These blowoff highs are usually short term tops. I expect it to fall back from this area and bottom around 13 and start again. The significant thing to note is that the last short term top was at $16.00 even, so this is a higher high indicating a bull trend in silver.
One of these days, it will start up and start staying there.
I don't think this is the one because the economic backdrop isn't in the right place for a permanent move, although it will soon be.
Buy the dips folks!
BTW: If I am wrong, this portends some seriously bad news coming pretty soon.
this is very plausible. i have been waiting on the sidelines waiting for the pullback but its taking a long time. the one thing i differ with you slightly is the magnitude. the 50 day moving average is in the 16's and the 200 dma is in the high 14's. a retrace to the 200 dma is considered severe. its possible to penetrate the 200 but not likely. so i'll be buying with both hands as it approaches the 200dma and not waiting for $13. |
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Country
1000+ Penny Miser Member
USA
1612 Posts |
Posted - 11/23/2009 : 16:55:48
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| Waiting for the pullback in SILVER that may never come: I hear the very same thing on CNBC - investment houses waiting for the pullback in the stock market that doesn't come. WHY? We're in liquidity driven markets which are being fueled by the worldwide expansion of the money supply. The current expansion of worldwide paper money supply is unprecidented. IMHO, when governments get some kind of a handle on zero/near-zero interest rate monetary expansion, we may then get an opportunity to buy at lower prices in all markets. |
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marine70
New Member
17 Posts |
Posted - 11/23/2009 : 17:40:16
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I have been buying all the silver that I can find. I buy some from
a dealer,however I have been buying alot from friends and associates at 11 X face. I have been putting in a safe deposit box and hoping for the best. Only God knows how high it will go. |
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beauanderos
Penny Collector Member
USA
388 Posts |
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marine70
New Member
17 Posts |
Posted - 11/25/2009 : 12:08:35
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| After thankgiving I will be going to a ladies house to look at her coins. I told her I would buy her silver at 11x face she was happy with that. Can't wait to see what she has. |
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Topic |
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How High Will Silver Go in 2009?
