| Author |
 Topic  |
|
|
slickeast
1000+ Penny Miser Member
USA
2533 Posts |
 Posted - 01/22/2010 : 18:02:17
|
I think that the Silver dip has hit bottom and will be going back up next week. I think that it will reach $19.25 before we see a major dip again.
I consider a major dip to be more than $1.00 in one week.
|
You don't have to be the BEST you just have to be.......SLICK
|
|
|
kirkland
New Member
USA
0 Posts |
Posted - 01/22/2010 : 18:13:42
|
| Silver is on it's way up, yes. |
 |
|
|
Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 01/22/2010 : 18:30:06
|
I don't like the feel of this correction. My gut tells me it's gonna be a nasty one. I hope I'm wrong.
|
---> 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
|
|
|
|
Kurr
1000+ Penny Miser Member
2906 Posts |
Posted - 01/22/2010 : 18:34:57
|
I don't think I have ever heard you say that before Country, could you try to explain why in layman s terms? You, as many others here, have much more knowledge and experience than someone like I.
I just checked, it's dropped to 16.97 now, not a bad thing to me as I do not NEED to sell at the moment, but would like to understand what is going on around me. |
The silver [is] mine, and the gold [is] mine, saith the LORD of hosts. Hag 2:8 [/b]
He created it. He controls it. He gave it to us for His use. Why did we turn from sound scriptural currency that PROTECTS us?
KJV Bible w/ Strong's Concordance: http://www.blueletterbible.org/
The book of The Hundreds: http://www.land.netonecom.net/tlp/ref/boh/bookOfTheHundreds_v4.1.pdf
The Two Republics: http://www.whitehorsemedia.com/docs/THE_TWO_REPUBLICS.pdf
Good reading: http://ecclesia.org/truth/government.html
A number of people are educated beyond, sometimes way beyond, their intelligence. - Tenbears
|
|
|
|
Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 01/22/2010 : 18:55:21
|
quote:
Originally posted by Kurr
I don't think I have ever heard you say that before Country, could you try to explain why in layman s terms? You, as many others here, have much more knowledge and experience than someone like I.
I just checked, it's dropped to 16.97 now, not a bad thing to me as I do not NEED to sell at the moment, but would like to understand what is going on around me.
When the Wall Street boys panic, the dollar goes up in value as they raise CASH and convert their holdings to dollars. Consequently, everything else gets liquified in their wake. I'm a little apprehensive that we are approaching another one of those periods of financial disintigration. I will not be selling even one ounce of my SILVER, but I just think a gut check is around the corner once again. If it occurs, SILVER will lead the parade to lower levels. Even the ebullience of the Palladium ETF seemed to metamorphasize into fear and panic today.
|
---> 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
|
Edited by - Country on 01/22/2010 19:17:43 |
|
|
|
oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 01/22/2010 : 18:57:31
|
| Planning on buying a few hundo oz's I will probably buy 50 tomorrow a wait a week and see what happens. |
|
|
|
dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 01/22/2010 : 19:05:35
|
| I want to order some 2010 ASE but I would have to pay a MO at Apmex or pay 35 dollars more for credit card |
|
|
|
aloneibreak
Penny Hoarding Member
USA
672 Posts |
Posted - 01/22/2010 : 19:43:47
|
quote:
Originally posted by dakota1955
I want to order some 2010 ASE but I would have to pay a MO at Apmex or pay 35 dollars more for credit card
20.34 seems a bit much... hoping they come down a bit before i grab a few...
|
My reading of history convinces me that most bad government results from too much government.
Thomas Jefferson
|
|
|
|
MoneyPenny
New Member
USA
7 Posts |
Posted - 01/23/2010 : 04:25:26
|
| There is a short-term dollar rally underway for maybe a few months, and I think silver prices have some more downside potential to test long-term support before they go higher later in the year. So you may wish to wait a little longer on any big purchases IMHO... that is my plan at least. |
|
|
|
zerocd
Penny Hoarding Member
555 Posts |
Posted - 01/23/2010 : 04:37:12
|
quote:
Originally posted by MoneyPenny
There is a short-term dollar rally underway for maybe a few months, and I think silver prices have some more downside potential to test long-term support before they go higher later in the year. So you may wish to wait a little longer on any big purchases IMHO... that is my plan at least.
I agree and see a great buying opportunity now and also think it will drop a bit more before returning.
Not going to pay over $20 for new SAE's, that's for sure.
Just over a year ago silver was under $10.
I am in for the long haul and would buy at $16-$17-$18 today. In a couple years, the economy will have to pay for the massive load it has made to itself. You can't pay off credit cards with other credit cards which are paid off with yet more credit cards without it catching up.
Fiat is a joke.
The corpse is standing up on high voltage drugs (printed money)
Although silver may not skyrocket, it will have real value.
Then again...to the moon!
0CD
|
|
|
|
dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 01/24/2010 : 07:15:47
|
| I brought 60 2010 silver eagles today so I will have to wait and see if silver will go down Monday. That would be normal. |
|
|
|
oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 01/24/2010 : 07:30:27
|
quote:
Originally posted by dakota1955
I brought 60 2010 silver eagles today so I will have to wait and see if silver will go down Monday. That would be normal.
Where did you "bruy" them? :)
|
|
|
|
dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 01/24/2010 : 08:05:49
|
| ebay as a preorder |
|
|
|
Heavy Metal
Penny Sorter Member
USA
86 Posts |
Posted - 01/24/2010 : 13:50:20
|
quote:
I don't like the feel of this correction. My gut tells me it's gonna be a nasty one. I hope I'm wrong.
OMG!!! If Country is turning "bearish" on silver, is there any hope for us?   |
Ever notice how it's a penny for your thoughts, yet you put in your two-cents? Someone is making a penny on the deal! - Steven Wright
|
|
|
|
zerocd
Penny Hoarding Member
555 Posts |
Posted - 01/24/2010 : 14:14:14
|
I think this week will point the direction.
Here is something I just read...
Is gold price set for crash below $1,000?
You must be logged in to see this link. br /
0CD
|
|
|
|
Coinage
Penny Collector Member
Canada
303 Posts |
|
|
dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 01/24/2010 : 15:30:49
|
| They do have some nice gold coins. They do take the US dollar plus their own coins. When I was there you could had a person killed for 10 dollars so you can quess what gold and silver is worth today. |
|
|
| |
Topic |
|
Is the dip over?
Forum Locked
