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dakota1955
1000+ Penny Miser Member
2212 Posts |
 Posted - 03/03/2010 : 11:50:34
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Poll Question:
With silver on a run now where do you silver will go?
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nologiks
Penny Sorter Member
83 Posts |
Posted - 03/03/2010 : 13:23:17
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| I wish it would go down to 5$ an ounce. I could load up then lol |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 03/03/2010 : 13:34:58
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I'd like to see a SILVER move to the $18-$19 level and then stabilize at that level. That would provide a good foundation for much higher levels. I want SILVER to move higher, NOT lower from here.  |
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– Theodore Roosevelt
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 03/03/2010 : 13:47:48
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In what time frame? Silver will hit Country's target in the next two weeks, might almost break $20 by end of March, but there is usually profit-taking during April. After the summer doldrums, during which we could see $15 again on market-manipulations I think you'll see a foundation built in the $21-22 range leading to a year high of $25-26 in late November  |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 03/03/2010 : 14:13:00
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| If silver dropped to below $10 an ounce, I wonder how outrageous the premiums would be. |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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Chump_Change
Penny Pincher Member
USA
102 Posts |
Posted - 03/03/2010 : 14:15:03
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| Penny, If it did drop the premiums would have to drop if the price held there for a few months? People would want to cut their losses if the demand drops i'm a thinkin. who knows. I need a time machine LOL. |
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hobo finds
Penny Hoarding Member
838 Posts |
Posted - 03/03/2010 : 14:16:13
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| $15.55 March 26th 2010! |
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fb101
Administrator
USA
2856 Posts |
Posted - 03/03/2010 : 17:32:41
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| We've been there. When silver was busting down around $8 an ounce, premiums were spot+50% and up. |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 03/03/2010 : 17:58:15
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| If we see $20 silver before summer then it may be a good time to sell (depending what you got into at) because I don't think it would hold for very long at that price. |
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Think positive. |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 03/03/2010 : 18:59:14
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Jamie, I agree with you somewhat. Remember it isn't silver which is rising in value, but the dollar which is depreciating. Our old buck ain't healthy... it's circling the drain. So timing sales of silver bullion for fast-declining in purchasing power FRN's is almost a lesson in futility. I will probably NEVER sell by physical bullion. It's an "assurance" policy and let's me sleep at night. That said, $20 bullion does seem like a good target to set my sell limits at for some of my ETF's and silver and gold mining stocks Sell during spring peaks, buy back during summer lows  |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 03/03/2010 : 19:49:52
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quote:
Originally posted by beauanderos
Jamie, I agree with you somewhat. Remember it isn't silver which is rising in value, but the dollar which is depreciating. Our old buck ain't healthy... it's circling the drain. So timing sales of silver bullion for fast-declining in purchasing power FRN's is almost a lesson in futility. I will probably NEVER sell by physical bullion. It's an "assurance" policy and let's me sleep at night. That said, $20 bullion does seem like a good target to set my sell limits at for some of my ETF's and silver and gold mining stocks Sell during spring peaks, buy back during summer lows
It all depends on how much physical silver you are holding. I have my holding silver and I also have my trading physical silver. I have flipped 100 ounce bars in the past since the premiums on them are low. Even during the small bar silver shortage you could still buy 100 ounce bars at a very reasonable premium. Unnecessarily large premiums are robbing a lot of small silver investors of a lot of their hard earned money.
No one knows what the silver market will or won't do, but a profit is a profit. I'm not giving out investment advice, but too often I see cash poor silver holders watch the market climb and drop back again and never realize a profit. Then they wonder why they get discouraged. |
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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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 03/03/2010 : 20:01:43
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| For someone who holds small amounts of silver in the forms you describe, it is possible to trade in and out and increase your physical holdings gradually, provided your market timing is accurate. Anyone holding a few tons of face silver may not have as easy of a time finding a buyer, or a seller when they want to replace what they sold. I also am loathe to sell... then watch the market run away from me as I'm sitting in FRN's. I'm willing to endure the at times gut-wrenching launches and retrenchments to avoid having that happen. My holdings are my pension. When I eventually need the money I will sell off a few ounces at a time to cover expenses. The situation is different for anyone with an investment horizon longer than a few years. It is frustrating to watch silver bounce the way it does, but hindsight is always one hundred percent. Not so, foresight. |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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darsemnos
Penny Sorter Member
96 Posts |
Posted - 03/05/2010 : 22:04:47
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quote:
Originally posted by Ardent Listener
quote:
Originally posted by beauanderos
Jamie, I agree with you somewhat. Remember it isn't silver which is rising in value, but the dollar which is depreciating. Our old buck ain't healthy... it's circling the drain. So timing sales of silver bullion for fast-declining in purchasing power FRN's is almost a lesson in futility. I will probably NEVER sell by physical bullion. It's an "assurance" policy and let's me sleep at night. That said, $20 bullion does seem like a good target to set my sell limits at for some of my ETF's and silver and gold mining stocks Sell during spring peaks, buy back during summer lows
It all depends on how much physical silver you are holding. I have my holding silver and I also have my trading physical silver. I have flipped 100 ounce bars in the past since the premiums on them are low. Even during the small bar silver shortage you could still buy 100 ounce bars at a very reasonable premium. Unnecessarily large premiums are robbing a lot of small silver investors of a lot of their hard earned money.
No one knows what the silver market will or won't do, but a profit is a profit. I'm not giving out investment advice, but too often I see cash poor silver holders watch the market climb and drop back again and never realize a profit. Then they wonder why they get discouraged.
Where do you sell your 100 ounce bars? I might need to do something like that. |
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JustSayNoToFiat
Penny Pincher Member
110 Posts |
Posted - 03/06/2010 : 12:50:55
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I think you'll see more market manipulation if silver starts to get too hot to maintain the grand FRN illusion. Even though supposedly there are alot less short contracts, you still have powerful players (like JP Morgan) who want to see silver fall.
I see a rise in prices but I think it will get crushed before or at $20.
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It's Half Time...all the time. |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 03/06/2010 : 16:49:26
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quote:
Originally posted by darsemnos
quote:
Originally posted by Ardent Listener
quote:
Originally posted by beauanderos
Jamie, I agree with you somewhat. Remember it isn't silver which is rising in value, but the dollar which is depreciating. Our old buck ain't healthy... it's circling the drain. So timing sales of silver bullion for fast-declining in purchasing power FRN's is almost a lesson in futility. I will probably NEVER sell by physical bullion. It's an "assurance" policy and let's me sleep at night. That said, $20 bullion does seem like a good target to set my sell limits at for some of my ETF's and silver and gold mining stocks Sell during spring peaks, buy back during summer lows
It all depends on how much physical silver you are holding. I have my holding silver and I also have my trading physical silver. I have flipped 100 ounce bars in the past since the premiums on them are low. Even during the small bar silver shortage you could still buy 100 ounce bars at a very reasonable premium. Unnecessarily large premiums are robbing a lot of small silver investors of a lot of their hard earned money.
No one knows what the silver market will or won't do, but a profit is a profit. I'm not giving out investment advice, but too often I see cash poor silver holders watch the market climb and drop back again and never realize a profit. Then they wonder why they get discouraged.
Where do you sell your 100 ounce bars? I might need to do something like that.
I sell at local dealers though I do have accounts and a reputation at a couple of major internet dealers too now
I was talking today to one local dealer and his connection thinks that next week should be a big gain week for precious metals. He (the dealer) has a huge amount of scrap sterling he plans to dump if silver pushes near $19.00 again.
I don't think it would take manipulation to drop silver prices if we close in on $20.00. There would be plenty of holders who wouldn't mind taking profits at that point. |
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Think positive. |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 03/06/2010 : 18:48:55
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| The Gremlins are at it again. I noticed that this thread was locked. How in the world did that happen??????????/ |
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Think positive. |
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slickeast
1000+ Penny Miser Member
USA
2533 Posts |
Posted - 03/06/2010 : 19:10:27
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I noticed it was locked earlier, i didn't see any reason.
I think I will sell off some silver if it reaches 20 and buy back during a dip. |
You don't have to be the BEST you just have to be.......SLICK
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 03/06/2010 : 19:16:51
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quote:
Originally posted by slickeast
I noticed it was locked earlier, i didn't see any reason.
I think I will sell off some silver if it reaches 20 and buy back during a dip.
That is why I ask that members not jump to conclusions if they see a thread locked or even if one disappears. Stuff happens sometimes and it is out of our control.
I think I might sell some too. |
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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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fb101
Administrator
USA
2856 Posts |
Posted - 03/06/2010 : 19:27:47
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What's really wierd is that this thread started as a poll and is now just discussion. (at least I no longer see buttons)
I think forumco had an issue.... |
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Edited by - fb101 on 03/06/2010 19:28:22 |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 03/06/2010 : 19:37:20
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quote:
Originally posted by fb101
What's really wierd is that this thread started as a poll and is now just discussion. (at least I no longer see buttons)
I think forumco had an issue....
I don't think it is a conspiracy since I don't think Forumco is either bullish or bearish on silver.  But something appears to be screwed-up with this thread. |
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Think positive. |
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thogey
1000+ Penny Miser Member
USA
1617 Posts |
Posted - 03/06/2010 : 19:39:25
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| Let's argue about somthing and see what happens. |
Come to the new and improved realcent: http://realcent.org
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 03/06/2010 : 19:46:14
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quote:
Originally posted by thogey
Let's argue about somthing and see what happens.
Let's not and say we did. I kind of hate to stifle a good conspiracy since it is great for the ratings around here.  |
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Think positive. |
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cptindy
Penny Hoarding Member
572 Posts |
Posted - 03/06/2010 : 19:53:00
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| When it gets close to $19.00 I will sell some and wait and see. I feel the tree will be shaking pretty good this year and the swings either way will be interesting and beneficial if timed correctly. |
"It is the nature of the human species to reject what is true but unpleasant and to embrace what is obviously false but comforting"
" The average man doesn't want to be free. He wants to be safe."
H.L. Mencken
http://silver-news-today.com/ |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 03/06/2010 : 20:54:39
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| I started this as a poll and I was hoping to get discussion going on what people thought silver would do. |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 03/06/2010 : 21:20:59
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| Well next week may help tell. I wouldn't be surprised to see silver over $18 by early next week and pushing $19.00 by Friday. If $20 is going to happen anytime soon then it should occur on this run-up. But I don't see prices over $18.00 lasting throughout the summer. |
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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cptindy
Penny Hoarding Member
572 Posts |
Posted - 03/06/2010 : 23:49:23
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I believe that it is going to be a hard ride, anyone not expecting or able to tolerate the fluctuating market will get pinched. If in my wild imagination I was to foresee an event it would go as follows.
We will ride this pony to a 21 to 23 range, after she simmers down a bit it will be time to take her to the stables for a cool down maybe 14 ish (give or take) then it will get bumpy with no clear signal.(up and down a buck or two) Later in the year we may have a return to the show for a run at the medal. But this again will be kept at bay, and the lass will be called home once again, left to fester and and stew at her reigns.
Many things weigh heavy on this shiny little object. To its handlers she needs to stay. But her vision is to run, to be free and challenge the yellow metal for a place that seems her destiny. Nature is at work here and its place has yet to be determined. The very reality of its purpose cannot and will not be denied. As a stepchild wishes for his father, this Metal will not be tamed by no man or machine. It understands its value and will not settle to be kept silent. The journey will be like a hurricane as it destroys all in its path yet honored for its power. Many will perish and many will cheer as the storm rages on. |
"It is the nature of the human species to reject what is true but unpleasant and to embrace what is obviously false but comforting"
" The average man doesn't want to be free. He wants to be safe."
H.L. Mencken
http://silver-news-today.com/ |
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$20 silver?
Forum Locked
