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GA-Silver
Penny Pincher Member
USA
238 Posts |
 Posted - 05/28/2009 : 08:23:46
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Looking at silver this morning after 9:00PM, I see that it silver is at $15.09! How high do you think it'll go??
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Bootstrap
Penny Collector Member
USA
279 Posts |
Posted - 05/28/2009 : 08:41:25
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| To the moon!!!!! :) |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
 Posted - 05/28/2009 : 09:09:01
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If it doesn't get too froothy in the near term, I think it continues to grind higher. The old support level was around $15.75; it's now a resistence level that silver must break through to go higher. Once above $15.75, it could go to $17 rather quickly. Going higher  is a lot more fun than going lower!!
Silver is "real money" and has been for thousands of years.
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My CRH Totals '09: Franklin 5; 40% JFK 221; 90% JFK 20; JFK NIFC 144; JFK Proof 8
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RealCent Totals: You must be logged in to see this link. |
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slickeast
1000+ Penny Miser Member
USA
2533 Posts |
Posted - 05/28/2009 : 09:53:07
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15.23 currantly....I like it
You don't have to be good if you are slick. |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 05/28/2009 : 10:01:05
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More important, silver technically is getting stronger. The Gold/Silver ratio is 63 today. The G/S ratio was around 50 last year. $1000 gold with a G/S ratio of 50, gets you to $20 silver again.
Silver is "real money" and has been for thousands of years.
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My CRH Totals '09: Franklin 5; 40% JFK 221; 90% JFK 20; JFK NIFC 144; JFK Proof 8
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RealCent Totals: You must be logged in to see this link. |
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oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 05/28/2009 : 10:29:26
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| Not happy, still buying... I like $12 silver myself... |
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theo
Penny Hoarding Member
USA
588 Posts |
Posted - 05/28/2009 : 10:46:21
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quote:
Originally posted by oober
Not happy, still buying... I like $12 silver myself...
Ditto! |
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buyingsilvers
Penny Collector Member
441 Posts |
Posted - 05/28/2009 : 22:48:30
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Silver $15.31 $15.36
Still rising after market. Silver is showing surprising strength recently. Wouldnt be surprised to see it break $16 soon. |
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buyingsilvers
Penny Collector Member
441 Posts |
Posted - 05/29/2009 : 06:19:46
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Gold $974.70 $975.70 13.40
Silver $15.51 $15.56 0.34
Still rallying. Dollar is in the pits again. |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 05/29/2009 : 07:39:03
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| We may see $20+ silver on this run up. If so, I don't think such high prices can be substained....yet. I'm not buying tomorrow. |
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Think positive. |
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vrbsroma
Penny Collector Member
394 Posts |
Posted - 05/29/2009 : 10:53:57
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| Silver Bid $15.59 right now. On the way up... slowly. |
As far as I know, it is stated "In God We Trust" on the US dollar. How can I trust this currency if I do not believe in God?
Possession is nine-tenths of the law.
When I give my two cents, they're always copper! |
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Sharkman
Penny Sorter Member
USA
49 Posts |
Posted - 05/29/2009 : 11:06:19
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| I have been buying silver since it was $13 an oz. Nice to see a rally but I still think there is time to get in before it hits $20. Anyone here buying old foreign silver coins? For example, older circulated Australia, NZ, Canada, Mexico, GB, France, Germany, etc. I know it may be tougher to sell than U.S. but I think its a bargain and I like world coins. I picked up some world silver coin lots on eBay. Just add up the ASW from the coins to figure out intrinsic silver value. |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 05/29/2009 : 13:29:25
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| 15.63 |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 05/29/2009 : 14:04:49
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| You guys are gonna curse it :P |
Copper Penny Investing
www.portlandmint.com |
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buyingsilvers
Penny Collector Member
441 Posts |
Posted - 05/29/2009 : 14:14:47
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Gold $979.00 $980.00 15.80
Silver $15.68 $15.73 0.53
If this is what cursing does for the price, I'm screaming obscenities :P |
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buyingsilvers
Penny Collector Member
441 Posts |
Posted - 05/29/2009 : 14:21:30
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Took a look at that bulliondirect website, there's a HUGE buyer of silver right now propping up the floor. Whoever it is, pretty much has listings in all the junk silver categories. He's buying over $1 mil worth of junk.
SIUS90%:$1000
US90% Silver Coins $1,000 Face (pre1965) (715.00 oz.)
Quantity @ Price each
75 $11000.00
SIUS40%:$1000
US*40%* Silver Coins $1000 Face (1965-69) (29.50 oz.)
Quantity @ Price each
25 $4360.00 |
Edited by - buyingsilvers on 05/29/2009 14:22:33 |
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natsb88
Administrator
USA
1850 Posts |
Posted - 05/29/2009 : 15:04:25
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quote:
Originally posted by buyingsilvers
Took a look at that bulliondirect website, there's a HUGE buyer of silver right now propping up the floor. Whoever it is, pretty much has listings in all the junk silver categories. He's buying over $1 mil worth of junk.
SIUS90%:$1000
US90% Silver Coins $1,000 Face (pre1965) (715.00 oz.)
Quantity @ Price each
75 $11000.00
SIUS40%:$1000
US*40%* Silver Coins $1000 Face (1965-69) (29.50 oz.)
Quantity @ Price each
25 $4360.00
Those are the "market maker" bids. There is speculation on other forums that it could be BullionDirect itself, or other large dealers. There are usually higher bids, but on the off chance that somebody decides to dump a whole bunch of metal, they are ready to gobble it up. |
Nate
The Copper Cave
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 05/29/2009 : 15:22:44
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BD is a great place to buy and sell bullion on their Nucleo exchange. Once you set up an account, they will give you a $10000 trading limit (more if you can justify it). You don't have to have the cash in your account to do trading, and you can send them a personal check for your buy trades. If you want to sell, you can trade using bullion in your account or send them bullion to make the trade. In addition, you can send them bullion you have on hand to be applied to your account, for possible future trades. The bid and ask prices are updated as bidders come and go, including the market maker, but those bids and asks you see are real. Sometimes in a volatile PM market you can get great deals if you place your bid a little higher than the market maker bid price if you are buying, or a little lower than the market maker ask price if you are selling.
The big trades are from the market maker, who will pull his bids when silver gets too volatile. |
---> 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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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 05/29/2009 : 16:38:32
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quote:
Originally posted by Country
BD is a great place to buy and sell bullion on their Nucleo exchange. Once you set up an account, they will give you a $10000 trading limit (more if you can justify it). You don't have to have the cash in your account to do trading, and you can send them a personal check for your buy trades. If you want to sell, you can trade using bullion in your account or send them bullion to make the trade. In addition, you can send them bullion you have on hand to be applied to your account, for possible future trades. The bid and ask prices are updated as bidders come and go, including the market maker, but those bids and asks you see are real. Sometimes in a volatile PM market you can get great deals if you place your bid a little higher than the market maker bid price if you are buying, or a little lower than the market maker ask price if you are selling.
The big trades are from the market maker, who will pull his bids when silver gets too volatile.
silver premiums dropped a few weeks ago. there were rumors that a huge number of junk silver bags came on the market. a few shops were selling at or below spot. I picked some up at 10x. surprising to see folks buying big now that the price is higher. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 06/02/2009 : 11:27:35
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quote:
Originally posted by Country
If it doesn't get too froothy in the near term, I think it continues to grind higher. The old support level was around $15.75; it's now a resistence level that silver must break through to go higher. Once above $15.75, it could go to $17 rather quickly. Going higher is a lot more fun than going lower!!
Silver is "real money" and has been for thousands of years.
-------------------------
My CRH Totals '09: Franklin 5; 40% JFK 221; 90% JFK 20; JFK NIFC 144; JFK Proof 8
-------------------------
RealCent Totals: You must be logged in to see this link.
Silver spot still hasn't broken through $15.75 decisively. This was the major support level last year as it went down. Let's hope that this level is taken out real soon.
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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 - 06/02/2009 : 11:37:16
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| haha, 15.75 was a joke |
Trolling is an art. |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 06/02/2009 : 11:51:43
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quote:
Originally posted by Neckro
haha, 15.75 was a joke
It's only 15.85 right now. I'd like to see a closing price like 16.50 or better, right here, right now. |
---> 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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ScottyTX
Penny Hoarding Member
USA
508 Posts |
Posted - 06/02/2009 : 12:36:55
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| 15.97 right now woot.... Holding onto a bucket load here as well!!!! |
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Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 06/02/2009 : 12:40:36
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Gold 982
platinum 1238
Platinum is doing extremely well. |
Trolling is an art. |
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fb101
Administrator
USA
2856 Posts |
Posted - 06/02/2009 : 12:41:02
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If the silver market is in a healthy bull climb, it should be up and down like the stock market does in normal conditions. Some days up, some days down. Moves should tend to be small as in 5c to 30c (1-2%). Too many strong up days tell you there's more speculation than investment. In that kind of market we will get a blow off like we did last year when speculators figure they've gotten all they're going to get and then shorted the market.
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GA-Silver
Penny Pincher Member
USA
238 Posts |
Posted - 06/02/2009 : 15:33:47
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| Silver is at $15.99 with 27 minutes to go! |
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Silver hits $15.00!!!
Forum Locked
