| Author |
 Topic  |
|
dakota1955
1000+ Penny Miser Member
2212 Posts |
 Posted - 02/23/2010 : 13:34:43
|
|
Silver is again under $16 per oz. When do you think that we will see a rebound in silver and a decline in the US dollar?
|
|
|
Mikep2020
Penny Collector Member
USA
402 Posts |
Posted - 02/23/2010 : 13:57:41
|
It all depends on the tug or war going on between the market manipulators and the huge demand in silver right now. I think the market will be extremely volatile for the short term, I expect to see more effort by TPTB to hold down prices at the same time as demand for silver increases. Daily swings of 10% or more in both directions are possible.
|
 |
|
|
slickeast
1000+ Penny Miser Member
USA
2533 Posts |
Posted - 02/23/2010 : 14:58:11
|
If you look at the 30 day silver, it is trending that way. It should hit $17 in the next 2 weeks. This is just a guess.
 |
You don't have to be the BEST you just have to be.......SLICK
|
|
|
|
Mcprice302
Penny Collector Member
USA
404 Posts |
Posted - 02/23/2010 : 17:00:57
|
| I think (and am really hoping) we'll see sub-$15/oz. before we go back to $18 again. This is also a wild a$$ guess. |
|
|
|
thogey
1000+ Penny Miser Member
USA
1617 Posts |
Posted - 02/23/2010 : 17:59:30
|
quote:
Originally posted by Mcprice302
I think (and am really hoping) we'll see sub-$15/oz. before we go back to $18 again. This is also a wild a$$ guess.
I'm right with you on that thought. If the market collapses I will buy till it hurts. |
Come to the new and improved realcent: http://realcent.org
|
|
|
|
wolvesdad
1000+ Penny Miser Member
USA
2164 Posts |
Posted - 02/23/2010 : 18:21:43
|
| I don't want to buy till it hurts, but I do hope I will be in the position to buy if it drops to $14 again. |
"May your percentages ever increase!" |
|
|
|
AGgressive Metal
Administrator
USA
1937 Posts |
Posted - 02/23/2010 : 18:28:20
|
| Velocity of money matters as much as total volume when you are talking about inflationary pressure. And also, a lot of the money supply is tied up in debt instruments, many of which are being destroyed through default or devaluation of the collateral (such as homes). I am not a deflationist, but I think there is not reason why the US Dollar won't strengthen in the short term, while economic transactions (velocity) are low and debt destruction is high. |
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484 |
|
|
|
thogey
1000+ Penny Miser Member
USA
1617 Posts |
Posted - 03/10/2010 : 22:32:56
|
Silver has plunged in the last few hours.
Comments? |
Come to the new and improved realcent: http://realcent.org
|
|
|
|
beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
|
|
AGgressive Metal
Administrator
USA
1937 Posts |
Posted - 03/10/2010 : 22:56:01
|
| People keep talking about tightness in the physical market, but I don't see or feel it in the coin shops. They all seem to be reasonably stocked and US junk is not selling at a premium most places. |
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484 |
|
|
|
garnede
Penny Collector Member
USA
386 Posts |
Posted - 03/10/2010 : 23:28:20
|
| Not selling at a premium here, but my local shop said that they have sold 5 times their yearly silver and gold coins in the last 5 months. |
|
|
|
orionstarman
Penny Pincher Member
USA
106 Posts |
Posted - 03/13/2010 : 14:23:07
|
| I think the falling euro is making the dollar look better right now. |
Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety.--Benjamin Franklin
|
|
|
|
marine70
Penny Pincher Member
USA
150 Posts |
Posted - 03/14/2010 : 10:27:48
|
| What is a good buy price right now? |
|
|
|
dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 03/14/2010 : 14:28:12
|
| The price to buy is alway diffent for diffent people I like below $15. |
|
|
|
Ardent Listener
Administrator
USA
4841 Posts |
Posted - 03/14/2010 : 15:51:13
|
| I can't promise this will hold true, but as a historic rule as late spring or summer approaches silver takes a big seasonal drop. I haven't ever been given a real logical reason for it, but it has been true. Every year people say it won't happen and maybe this year they will be right. But if I were waiting for a drop before buying then I would hold out for a month or two more. |
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. |
|
|
|
garnede
Penny Collector Member
USA
386 Posts |
Posted - 03/14/2010 : 19:51:29
|
| Marine 70, If you are thinking long term then buy what you can afford, as often as you can. I would buy 90% at 12X face value, and .999 silver bars/rounds within a dollar of spot price. If you don't sort coins for silver, start so you can bring your cost per ounce down. |
|
|
|
HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/14/2010 : 23:28:52
|
I couldn't wait for the drop.. had to buy some today because the price was right. Picked up a lot of 90% at 11.7x and even got a George Washington commemorative half at 8x.. $4!
So expect silver to take a big dip tomorrow since I bought some.. and be ready to buy.  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
|
|
|
beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 03/14/2010 : 23:33:21
|
quote:
Originally posted by Ardent Listener
I can't promise this will hold true, but as a historic rule as late spring or summer approaches silver takes a big seasonal drop. I haven't ever been given a real logical reason for it, but it has been true. Every year people say it won't happen and maybe this year they will be right. But if I were waiting for a drop before buying then I would hold out for a month or two more.
self-fulfilling prophecy?  |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
|
|
|
dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 03/15/2010 : 08:19:12
|
| Hoard You should all of us know when you are buying so that we can plan our buys better. |
|
|
|
HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/15/2010 : 09:44:30
|
| I wasn't really planning on buying.. but that price was just too good to pass up. |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
|
|
|
AGgressive Metal
Administrator
USA
1937 Posts |
Posted - 03/15/2010 : 10:26:44
|
| HoardCopperByTheTon is secretly the head of Goldman's PM trading desk and uses this forum to get the pulse of the little guy. How else do you think he got five red stars? |
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484 |
|
|
|
Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 03/15/2010 : 11:47:44
|
when people refer to shortness in the physical market they mean for 1,000 oz bars to settle comex futures obligations, not coinshops. they are related, however, tenusously, because those 1000 oz bars get melted into blanks that Treasury uses to stamp out ASE's.
i think they are going to take the price down one more time but it will finish the year over $20 |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
|
|
|
|
thogey
1000+ Penny Miser Member
USA
1617 Posts |
Posted - 03/20/2010 : 00:12:00
|
| What the hell happened this afternoon!? |
Come to the new and improved realcent: http://realcent.org
|
|
|
|
HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 03/20/2010 : 02:26:09
|
quote:
Originally posted by thogey
What the hell happened this afternoon!?
The market fluctuated. |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
|
|
|
slickeast
1000+ Penny Miser Member
USA
2533 Posts |
Posted - 03/20/2010 : 12:04:39
|
quote:
Originally posted by HoardCopperByTheTon
quote:
Originally posted by thogey
What the hell happened this afternoon!?
The market fluctuated.
You mean flatchulated.
Because that stunk!!! |
You don't have to be the BEST you just have to be.......SLICK
|
|
|
|
Ardent Listener
Administrator
USA
4841 Posts |
|
|
Topic |
|
silver price
Forum Locked
