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GA-Silver
Penny Pincher Member
USA
238 Posts |
 Posted - 04/16/2010 : 12:25:54
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Wow! Silver is down $0.71 today..........
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 04/16/2010 : 12:36:13
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GOLD 1,135.88 $ -22.12 -1.91%
SILVER 17.67 $ -0.67 -3.65%
WTI CRUDE 82.99 $ -2.52 -2.95%
US $ EUR € CAN $ AUS $
US $ - 0.7410 1.0143 1.0820
EUR € 1.3495 - 1.3689 1.4595
CAN $ 0.9859 0.7305 - -
AUS $ 0.9242 0.6852 - -
DOWJONES 11,001.21 -143.36 -1.29%
NASDAQ 2,478.44 -37.25 -1.48%
As usual, silver is more volatile than most of the others.
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Think positive. |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 04/16/2010 : 12:43:45
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When banksters get scared, THEY SELL EVERYTHING!!  |
---> 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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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 04/16/2010 : 12:54:54
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| I brought silver two day ago. |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 04/16/2010 : 12:55:15
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quote:
Originally posted by Country
When banksters get scared, THEY SELL EVERYTHING!!
market is selling off as a result of SEC suit vs. Goldie |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 04/16/2010 : 12:59:52
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| Goldie stock is dropping like a rock. -12% Too bad. |
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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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 04/16/2010 : 13:37:45
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| Wouldn't you think people would be running to gold and silver if they are scared about the stock market after news like Goldman Sach's? Seems like it would have went the other direction. |
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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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 04/16/2010 : 13:48:42
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quote:
Originally posted by PennySaved
Wouldn't you think people would be running to gold and silver if they are scared about the stock market after news like Goldman Sach's? Seems like it would have went the other direction.
Years ago that was the trend. If stocks tanked or if we were going into war investors moved into PMs. Now it seems the dollar is strengthened and that moves PMs down too.
But water reaches its own level eventually. |
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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AGgressive Metal
Administrator
USA
1937 Posts |
Posted - 04/16/2010 : 14:01:20
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| Its funny I was just reading about how the thin volume on the stock market meant, historically, that it was due for a sudden drop. Looks like that has come true, at least for today. |
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 |
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 04/16/2010 : 14:04:25
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| Why would the government filing charges help strenghthen the dollar? |
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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No82s
Penny Pincher Member
USA
198 Posts |
Posted - 04/16/2010 : 14:07:00
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| The dollar strengthened today because the euro dropped. More Greek debt crisis jitters. Nothing to do with the GC/SEC stuff. |
The difference between an optimist and a pessimist is that the pessimist is better informed. |
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 04/16/2010 : 14:09:57
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Oh ok guess I missed those articles with all of the Goldman stuff that is lurking around.
I would think either one would be major blows to the European and American economies. I guess pick your poison. |
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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Zyll
Penny Pincher Member
USA
214 Posts |
Posted - 04/16/2010 : 14:12:01
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| That means it's time to buy!~ |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 04/16/2010 : 14:16:24
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quote:
Originally posted by Zyll
That means it's time to buy!~
It's always better to buy the dips and not the peaks if you can. |
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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Zyll
Penny Pincher Member
USA
214 Posts |
Posted - 04/16/2010 : 14:23:13
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quote:
Originally posted by Ardent Listener
quote:
Originally posted by Zyll
That means it's time to buy!~
It's always better to buy the dips and not the peaks if you can.
Yeah honestly I see the chart zoom down like today and I think "I wonder if I have time to stop by the coin shop on the drive home?" |
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AGgressive Metal
Administrator
USA
1937 Posts |
Posted - 04/16/2010 : 15:05:30
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quote:
Originally posted by PennySaved
Why would the government filing charges help strenghthen the dollar?
When you sell stocks, the flipside of that is you are "buying" dollars. |
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 |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 04/16/2010 : 15:41:38
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quote:
Originally posted by AGgressive Metal
quote:
Originally posted by PennySaved
Why would the government filing charges help strenghthen the dollar?
When you sell stocks, the flipside of that is you are "buying" dollars.
Not to mention that some of that money may be dumb enough to buy government bonds with it.  |
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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thogey
1000+ Penny Miser Member
USA
1617 Posts |
Posted - 04/16/2010 : 16:40:23
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| I just, within the last hour, sold 40 generic rounds(santa claus, no mint) for 20.00 each to a local guy who runs a storage unit. He knows the market but didn't care. I'll be looking to replace those rounds soon. |
Come to the new and improved realcent: http://realcent.org
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GA-Silver
Penny Pincher Member
USA
238 Posts |
Posted - 04/16/2010 : 16:55:11
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| Looks like silver dropped $0.75 to close for the weekend...... |
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wheeler_dealer
Penny Collector Member
USA
402 Posts |
Posted - 04/16/2010 : 17:20:45
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Tough day in PM's. Hard to admit I got a haircut today also, having bought several hundred oz's
in the last few weeks. No worry though I'm in for the long haul. May have to get out the VISA and blow off the dust and BUY THE DIP. |
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Coppermonies
Penny Sorter Member
USA
26 Posts |
Posted - 04/16/2010 : 17:33:34
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| After I recover from the shock reaction of seeing silver shoot down, I know that we are still dealing with a heavily manipulated metal. When the bubble in PMs get going, even $20 silver will be considered a bargain. I keep on buying the physical, especially on the dips :). |
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coppertone
Penny Sorter Member
Canada
63 Posts |
Posted - 04/17/2010 : 18:11:32
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| Just start buying silver. Really I hope the price does not increase substantially for some time. I believe the long term potential for silver is hard to ignore. I just hope to accumulate as much as possible before the market wakes up. |
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marine70
Penny Pincher Member
USA
150 Posts |
Posted - 04/18/2010 : 09:04:17
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| I agree with Zyll buy on you can on the dip. |
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Zyll
Penny Pincher Member
USA
214 Posts |
Posted - 04/19/2010 : 12:40:16
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| Well this weekend I bought $160 in 90% halves...paid 12x face, not too bad. Spot price is holding so far today. |
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thedrifter
Penny Sorter Member
USA
96 Posts |
Posted - 04/19/2010 : 12:54:40
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When other markets drop margins have to be covered so traders sale other assets such as gold and silver. That is what happened in 08/09.
quote:
Originally posted by PennySaved
Wouldn't you think people would be running to gold and silver if they are scared about the stock market after news like Goldman Sach's? Seems like it would have went the other direction.
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The Drifter |
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cptindy
Penny Hoarding Member
572 Posts |
Posted - 04/19/2010 : 19:29:33
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| Silver in my opinion is cheap under $50 bucks, Under $20 buy buy buy. A couple bucks does not really mean much for a long term investor. They next run will take us over $20. By 2012 $25 will be the low. |
"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/ |
Edited by - cptindy on 04/19/2010 19:31:32 |
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Silver drop
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