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Country
1000+ Penny Miser Member
    
 USA
3121 Posts |
Posted - 09/07/2010 : 07:50:30
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$20 SILVER is NOW!!! 
SILVER hit $20.04 this morning and should go higher from here. Decade highs for SILVER, $22 and higher, are awaiting us by the end of September.
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---> 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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Edited by - Country on 09/07/2010 08:01:06 |
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rodebaugh
Penny Collector Member
  

USA
377 Posts |
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beauanderos
1000+ Penny Miser Member
    

USA
2408 Posts |
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misteroman
Administrator
    

USA
2565 Posts |
Posted - 09/07/2010 : 08:41:45
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grrrrrr hurts to see it that high. don't have enough yet!!!!!! |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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mauk13r
Penny Sorter Member


USA
60 Posts |
Posted - 09/07/2010 : 09:07:17
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Nice to see an investment take off. |
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Country
1000+ Penny Miser Member
    

USA
3121 Posts |
Posted - 09/07/2010 : 09:25:28
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Interesting developments just looking at the SILVER chart of today. When trading for SILVER began in the London commodity market, SILVER went down hard, dropping over 30c. However, when the NY NYMEX trading began, SILVER quickly rose to 40c to $20. I think there are two different entities that seem to be involved. The London traders have long been known to control the SILVER markets, perhaps this is where Morgan Stanley and other short-sellers do their trades. I wonder who is taking the other side of the trade on the NY NYMEX exchange? It does seem that the London traders are loosing control of the SILVER price as the NY NYMEX traders are taking control.
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---> 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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Neckro
1000+ Penny Miser Member
    

Saudi Arabia
2080 Posts |
Posted - 09/07/2010 : 10:03:59
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When was the last time silver hit 20 for more then a few minutes? Just hope a trend shows it plummet to 12$ again. :D |
Trolling is an art. |
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Dvorak
New Member

USA
19 Posts |
Posted - 09/07/2010 : 10:25:38
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I've been watching physical silver being traded on eBay. It's been around $22-$24 for 1 troy oz. .999 for a few days now. 90% has been hitting 15x face as well. |
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JobIII
1000+ Penny Miser Member
    

USA
1507 Posts |
Posted - 09/07/2010 : 10:36:41
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Silver always carries a premium on ebay. if it's selling at 15x face consider the 8-13% fees that will be taken out of the final asking price...
at 15x face a dollar of silver is really selling at mid $13, with a fee attached to it. But still it's a lot to pay. |
Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
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beauanderos
1000+ Penny Miser Member
    

USA
2408 Posts |
Posted - 09/07/2010 : 11:11:43
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quote: Originally posted by JobIII
Silver always carries a premium on ebay. if it's selling at 15x face consider the 8-13% fees that will be taken out of the final asking price...
at 15x face a dollar of silver is really selling at mid $13, with a fee attached to it. But still it's a lot to pay.
The fee structure on ebay has nothing to do with what buyers are willing to pay. Smart buyers are snapping up everything they can while prices are still this LOW. A year from now, you'll wish you had too! |
Hoard now and hold on!
http://coppermillions.blogspot.com/ http://wherewillyoubein2012.blogspot.com/ |
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Country
1000+ Penny Miser Member
    

USA
3121 Posts |
Posted - 09/08/2010 : 07:27:25
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$20 SILVER CONFIRMED!!!
UP 34C, IT IS NOW $20.14 AND CLIMBING!!!  |
---> 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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Edited by - Country on 09/08/2010 07:28:42 |
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rodebaugh
Penny Collector Member
  

USA
377 Posts |
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rodebaugh
Penny Collector Member
  

USA
377 Posts |
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Neckro
1000+ Penny Miser Member
    

Saudi Arabia
2080 Posts |
Posted - 09/08/2010 : 09:40:12
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I don't know why you all are really demanding 20$ silver. Why not give it another year, and stack even more, for even more possible gains? |
Trolling is an art. |
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UDEric
Penny Pincher Member
 

USA
202 Posts |
Posted - 09/08/2010 : 09:57:10
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Silver back at $20...what do you think happens from here? What price do YOU think silver hits first: $18.50 or $21.50 |
"Three things cannot be long hidden: the sun, the moon and the truth" |
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beauanderos
1000+ Penny Miser Member
    

USA
2408 Posts |
Posted - 09/08/2010 : 10:40:48
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quote: Originally posted by Neckro
I don't know why you all are really demanding 20$ silver. Why not give it another year, and stack even more, for even more possible gains?
Actually, you're perfectly correct to feel this way. It's just that some of us have been heavily invested for more than five years... and we're getting impatient for the "payoff." Plus, $20 silver seems to signify a similar barrier that $1000 gold did. Just a number really, but psychologically significant? Like silver is a horse waiting to break from the gates, and once this barrier was broached... there's no holding her back!  |
Hoard now and hold on!
http://coppermillions.blogspot.com/ http://wherewillyoubein2012.blogspot.com/ |
Edited by - beauanderos on 09/08/2010 10:42:57 |
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rodebaugh
Penny Collector Member
  

USA
377 Posts |
Posted - 09/08/2010 : 11:13:39
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quote: Originally posted by beauanderos
quote: Originally posted by Neckro
I don't know why you all are really demanding 20$ silver. Why not give it another year, and stack even more, for even more possible gains?
Actually, you're perfectly correct to feel this way. It's just that some of us have been heavily invested for more than five years... and we're getting impatient for the "payoff." Plus, $20 silver seems to signify a similar barrier that $1000 gold did. Just a number really, but psychologically significant? Like silver is a horse waiting to break from the gates, and once this barrier was broached... there's no holding her back! 
That is the key.
Silver may visit 18.50 again short term; but I look for 22-25 by next August. With a gold:silver closer to 1:50 |
http://rodebaugh.ecrater.com/ |
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highroller4321
1000+ Penny Miser Member
    

USA
2648 Posts |
Posted - 09/08/2010 : 11:25:28
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Don't get to excited guys. If silver holds $20 for a week than thats more of a milestone. We have been here before and gone to sub $10.... |
Copper Penny Investing www.portlandmint.com |
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Roadrunner
Penny Collector Member
  

USA
413 Posts |
Posted - 09/08/2010 : 11:33:35
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I still think we'll end September sub-20. |
Selling rolls of ultra-rare 1956-1958 wheat pennies for a mere $5 shipped.  |
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dakota1955
1000+ Penny Miser Member
    

2212 Posts |
Posted - 09/08/2010 : 12:58:10
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I sold some silver this week maybe thats why its over 20 |
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Country
1000+ Penny Miser Member
    

USA
3121 Posts |
Posted - 09/08/2010 : 13:43:52
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SILVER consolidating around $20 is very bullish. That's just what you want to see to relieve the overbought condition of the past couple weeks. It's a nice pause before going higher.
Technical Analysis - Bullish Flag Formation
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---> 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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Edited by - Country on 09/08/2010 14:14:51 |
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daviscfad
1000+ Penny Miser Member
    

USA
1664 Posts |
Posted - 09/08/2010 : 14:02:16
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quote: The fee structure on ebay has nothing to do with what buyers are willing to pay. Smart buyers are snapping up everything they can while prices are still this LOW. A year from now, you'll wish you had too!
Hope i can find this statement a year from now. If i am not mistaken Silver was up to 23.00 in 2008. This bounce only tells me to sell |
Inquiring minds want to know |
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