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Country
1000+ Penny Miser Member
USA
3121 Posts |
 Posted - 12/27/2009 : 17:17:32
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In the Gold Market update we have seen how gold appears to have bottomed and to now be in position to advance again. The action in silver last week was similar, as we can see on its 6-month chart, with it recovering late in the week following an exact contact with the lower boundary of a channel that began to form last September. At the time of this contact a V bottom formed, as with gold, a sign that it had hit a low. Following this positive action and the improvement late in the week it is now in position to advance back towards the top of this channel, a move which would result in appreciable gains from the current level. Various indicators such as the MACD are oversold, providing the leeway for such an advance.
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 12/27/2009 : 17:25:02
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| I bought in last week. I didn't buy at the very bottom, but I'm sure glad I got in when I did. Backing up the truck is starting to be a much shorter drive lately. |
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All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 12/27/2009 : 17:29:50
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quote:
Originally posted by Ardent Listener
I bought in last week. I didn't buy at the very bottom, but I'm sure glad I got in when I did. Backing up the truck is starting to be a much shorter drive lately.
What kind of SILVER did you buy? Buy any GOLD? |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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misteroman
Administrator
USA
2565 Posts |
Posted - 12/27/2009 : 17:37:30
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| I plan on buying a few 10oz bars at the FUN show so it better stay low!!!!! |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 12/27/2009 : 17:58:20
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quote:
Originally posted by Country
quote:
Originally posted by Ardent Listener
I bought in last week. I didn't buy at the very bottom, but I'm sure glad I got in when I did. Backing up the truck is starting to be a much shorter drive lately.
What kind of SILVER did you buy? Buy any GOLD?
100 ounce bars. I sold gold at $1220 and used the proceds to buy the silver. |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 12/27/2009 : 18:55:26
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| I am still going to wait until next year unless I find a steal |
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Silver Market Update
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