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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
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Roadrunner
Penny Collector Member
USA
413 Posts |
Posted - 09/03/2010 : 16:34:38
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| Most certainly! It hit $19.95 earlier today...oh so close!! |
Selling rolls of ultra-rare 1956-1958 wheat pennies for a mere $5 shipped.  |
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coinwolf
Penny Collector Member
USA
277 Posts |
 Posted - 09/03/2010 : 20:18:09
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| Yes it will!!!!!!!! |
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silverbuyer
New Member
USA
2 Posts |
Posted - 09/04/2010 : 19:56:10
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| I wish it would go back down to $4-$5/oz so I can buy, buy, buy! ;-) |
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MichaelOnion
Penny Pincher Member
USA
105 Posts |
Posted - 09/04/2010 : 21:12:31
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| +1 on going down... $18 would be nice $17 would be sweet! |
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-M
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Quagmire
Penny Sorter Member
62 Posts |
Posted - 09/05/2010 : 03:36:33
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| The real question IMO is whether silver will hit 25 or 30 this winter/fall? If it hits 30, I'll probably 80% of my holdings. |
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fb101
Administrator
USA
2856 Posts |
Posted - 09/05/2010 : 10:24:41
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| Yes, we should break 20. I'd like to see a visit back to 17 myself first. |
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Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 09/05/2010 : 11:05:13
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| If it hits 20 I'ma cry. I knew I should've bought more a year ago. =( |
Trolling is an art. |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 09/05/2010 : 11:30:58
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IMHO, SILVER spot will break $20 Sunday night when the Asian markets are open for business. I predict we will see $22+ SILVER by the end of this month. SILVER has mementum now as the crowd is moving from GOLD to SILVER. We could see the SILVER/GOLD ratio drop from 65 to 50 in the next two months (When SILVER hit $21.50 a couple years ago, the SILVER/GOLD ratio was 50). Given that ratio, if GOLD reaches $1300 soon, SILVER should lead GOLD and go to $26+.
Still, we have to watch for some very short term correction fluctuations at any time now as the PMs are very overbought (RSI(10) is nearly 80). I would not be BUYing large quantities of PMs as of right now. When the corrections come they will be BUYing opportunties; BUY the dips, because money is flowing into PMs which are in a grand BULL market.  |
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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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Delawhere Jack
1000+ Penny Miser Member
USA
1680 Posts |
Posted - 09/06/2010 : 18:01:54
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| 2 cents off $20FRN at the moment.... |
"Educate and inform the whole mass of the people... They are the only sure reliance for the preservation of our liberty." Thomas Jefferson
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Can Silver Break $20 in September?
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