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slickeast
1000+ Penny Miser Member
USA
2533 Posts |
 Posted - 05/17/2010 : 09:42:04
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Silver is slowing losing ground and I don't think it will stay in the $19 range too much longer. I think it will slip back to the $16 - $17 range is less than 1 month.
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You don't have to be the BEST you just have to be.......SLICK
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Edited by - slickeast on 05/17/2010 09:43:02 |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 05/17/2010 : 10:38:31
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| Then we buy. |
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slickeast
1000+ Penny Miser Member
USA
2533 Posts |
Posted - 05/17/2010 : 10:44:07
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| Its at $18.85 now. A 41 cent dip already today. |
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 - 05/17/2010 : 10:46:24
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It appears to be losing steam this morning, but even when it takes a step back it is usually after taking two steps forward
We might see $17ish in less than a month, but if we see $16ish then I would think August would be more the time frame. Of course if the stock market crashes I wouldn't rule out below $15. |
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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AGCoinHunter
Penny Hoarding Member
USA
685 Posts |
Posted - 05/17/2010 : 10:57:39
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| At $15 I will be accumulating. Granted if anyone will sell... |
"All tyranny needs to gain a foothold is for people of good conscience to remain silent."
-Thomas Jefferson
"There is no difference between communism and socialism, except in the means of achieving the same ultimate end: communism proposes to enslave men by force, socialism—by vote. It is merely the difference between murder and suicide." - Ayn Rand
________________________________________________
Lenin: Class-based International Socialism
Hitler: Race-based National Socialism
Obama: Class- and Race-based Post-National Socialism
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 05/17/2010 : 11:10:35
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quote:
Originally posted by AGCoinHunter
At $15 I will be accumulating. Granted if anyone will sell...
i'm biased but i don't think we'll see 17.00 again, let alone 15.00.
i think these are games in the futures markets where they operators try to take out leveraged players for profit. demand from europe will have this back up in no time. notice how gold is not trading in sympathy, because that market is much larger and harder to push around. |
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 - 05/17/2010 : 11:20:10
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quote:
Originally posted by Lemon Thrower
quote:
Originally posted by AGCoinHunter
At $15 I will be accumulating. Granted if anyone will sell...
i'm biased but i don't think we'll see 17.00 again, let alone 15.00.
i think these are games in the futures markets where they operators try to take out leveraged players for profit. demand from Europe will have this back up in no time. notice how gold is not trading in sympathy, because that market is much larger and harder to push around.
You could be correct on that, but gold is considered a much more traditional safe haven than silver especially in Europe. I expect gold will maintain more of its gain and silver will continue to fall at a faster percentage rate. How low can she go? Who knows? |
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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Market Harmony
1000+ Penny Miser Member
USA
1274 Posts |
Posted - 05/17/2010 : 11:38:24
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| If it means anything to anybody, I have silver showing support at $16.50ish. By the end of June, I project that we should not see less than $17 again. |
goto the new and improved realcent: http://realcent.org |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 05/17/2010 : 12:06:30
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quote:
Originally posted by Ardent Listener
quote:
Originally posted by Lemon Thrower
quote:
Originally posted by AGCoinHunter
At $15 I will be accumulating. Granted if anyone will sell...
i'm biased but i don't think we'll see 17.00 again, let alone 15.00.
i think these are games in the futures markets where they operators try to take out leveraged players for profit. demand from Europe will have this back up in no time. notice how gold is not trading in sympathy, because that market is much larger and harder to push around.
You could be correct on that, but gold is considered a much more traditional safe haven than silver especially in Europe. I expect gold will maintain more of its gain and silver will continue to fall at a faster percentage rate. How low can she go? Who knows?
why would the prospect of the failure of the EU as a political union or the failure of fiat currencies cause silver to separate from gold? silver has been money across cultures for more than 3,000 years. if you look at the history of the gold to silver ratio, its a relatively recently phenomonon to exceed 17-1, let alone 50-1.
You must be logged in to see this link.
at the risk of stating the obvious, the gold to silver ratio measures the value of silver RELATIVE to gold. nothing in current events is making gold more valuable than silver. quite the contrary, gold and silver are being recognized as money again. this began some time ago for gold, but lately silver is being demanded by investors. so if anything, silver is coming into its own and relative to gold should be increasing. of course, we dont see that yet in the comex prices but there could be other reasons for that. |
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 - 05/17/2010 : 12:39:50
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| You know that, and I know that, but most people now look at silver more as an industrial metal than as a safe haven. Gold for now remains THE #1 safe haven and silver will take a beating (like it did in 08) when the economic heat is on. But it will be one of the first precious metals to recover and move on to higher ground. |
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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crjoe
New Member
USA
3 Posts |
Posted - 05/17/2010 : 12:46:59
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| I would love to see it drop back to under 15 so I could get some more. |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 05/17/2010 : 12:50:34
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quote:
Originally posted by crjoe
I would love to see it drop back to under 15 so I could get some more.
Let's not get too greedy.  It wasn't too long ago some where still hoping to see $8.00 again. |
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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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 05/17/2010 : 13:32:05
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quote:
Originally posted by Ardent Listener
quote:
Originally posted by crjoe
I would love to see it drop back to under 15 so I could get some more.
Let's not get too greedy. It wasn't too long ago some where still hoping to see $8.00 again.
Hey, some of us still are...  A man can dream...  Just as long as it didn't stay there... 
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 05/17/2010 : 21:13:56
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quote:
Originally posted by crjoe
I would love to see it drop back to under 15 so I could get some more.
What's stopping you from buying now? Waiting for a better price is just another excuse to procrastinate... and someday you might be sorry you did. I'm thinking of selling some gold to get more silver. Already trading the ratio in the stock market by jumping in and out of DGP and AGQ  |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 05/18/2010 : 06:26:02
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GOLD 1,208.30 $ -14.14 -1.16%
SILVER 18.69 $ -0.16 -0.85%
WTI CRUDE 71.89 $ +1.81 +2.58%
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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 - 05/18/2010 : 08:22:25
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| silver is back up to nearly where it was yesterday... only off by two cents, but I don't trust JPM. I wouldn't be surprised to see them cut off the legs of the hedge funds again, shorting silver down fifty cents when London closes and all the action is in New York. I'll buy, if that happens. |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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slickeast
1000+ Penny Miser Member
USA
2533 Posts |
Posted - 05/19/2010 : 12:26:11
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hummmm
$18.09 right now |
You don't have to be the BEST you just have to be.......SLICK
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UDEric
Penny Pincher Member
USA
202 Posts |
Posted - 05/19/2010 : 12:46:37
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| Per the "low" on kitco.com this morning, Silver had hit $16.67. I'm new to this game for sure, but a low/high spread of 16.67 to 18.73 means it's trading in a 11-12% range for the day? That seems too high to me. |
"Three things cannot be long hidden: the sun, the moon and the truth" |
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Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 05/19/2010 : 16:45:35
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| Just another chance to get silver. :D |
Trolling is an art. |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 05/19/2010 : 18:12:43
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quote:
Originally posted by UDEric
Per the "low" on kitco.com this morning, Silver had hit $16.67. I'm new to this game for sure, but a low/high spread of 16.67 to 18.73 means it's trading in a 11-12% range for the day? That seems too high to me.
I think Kitoc is wrong. By their own daily chart silver just dropped below $18 for a short time today. I have been keeping an eye on it all day and if it had hit $16.67 I would have bought. |
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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wiper
Penny Sorter Member
36 Posts |
Posted - 05/19/2010 : 18:25:20
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| i think it was one of those 'glitch' deals, because there was some uproar around some of the places i check today, like it dropped almost $2 and gained almost $2 within a minute or two. |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 05/20/2010 : 06:40:06
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24hGold Latest Quotes
GOLD 1,182.37 $ -8.63 -0.72%
SILVER 17.78 $ -0.38 -2.09%
WTI CRUDE 68.90 $ -0.97 -1.39%
How much longer can silver hold at $17.00?
Even oil is dropping like a rock. |
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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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 05/20/2010 : 07:33:26
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GOLD 1,175.85 $ -15.15 -1.27%
SILVER 17.50 $ -0.66 -3.63%
WTI CRUDE 67.93 $ -1.94 -2.78%
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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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PreservingThePast
1000+ Penny Miser Member
USA
1572 Posts |
Posted - 05/20/2010 : 08:31:08
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It seems that everyone, or most everyone, on here uses Kitco to watch the PM market. Is there a particular reason?
I like watching the PM prices on You must be logged in to see this link. as it refreshes automatically and you see the changes instantly with it being highlighted in red (down) or green (up) and it seems to be pretty close to real time. I've been following silver and gold on this site for almost two years now.
Sure do wish we'd get off this really wild roller coaster ride though. Otherwise, I'm going to need to take some motion sickness medicine. |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 05/20/2010 : 08:53:45
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quote:
Originally posted by PreservingThePast
It seems that everyone, or most everyone, on here uses Kitco to watch the PM market. Is there a particular reason?
I like watching the PM prices on You must be logged in to see this link. as it refreshes automatically and you see the changes instantly with it being highlighted in red (down) or green (up) and it seems to be pretty close to real time. I've been following silver and gold on this site for almost two years now.
Sure do wish we'd get off this really wild roller coaster ride though. Otherwise, I'm going to need to take some motion sickness medicine.
i like kitco's 3-day chart with the time trends superimposed on each other. refreshing is easy by pressing F5. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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metalmoney.ca
Penny Pincher Member
Canada
223 Posts |
Posted - 05/20/2010 : 09:18:28
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yes, my F5 key is worn out.
I bought back into SLW(tsx) this morning at 19.22 |
metal is a claim on future human labour. let's all go get some while the getting is good, eh? |
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How long can silver hold at $19?
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