Silver to leap?

Discussion in 'Silver' started by Peter, Aug 20, 2011.

  1. Peter

    Peter Well-Known Member

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    I'm surprised but a much respected kitco gold guru likes Silver
    ................
    #15771
    Old 08-20-2011, 05:38
    Quote:
    Originally Posted by Antimagnetic View Post
    So Quad, looks like we are having august top going into your key mid august time frame?

    ...................................
    At this point I lean on the idea that the the typical seasonal low has been over run with mania. It's difficult to fathom a significant correction in September. The GSR wave 4 correction is looking complete, wave 5 down should be very bullish for PMs, especially silver as I've specified. Some may have missed out on the gold bull run, but silver looks like a lady in waiting at these levels. Again, I'll restate, I think silver could sprint to 95-130 with-in a few months time.


    https://www.kitcomm.com/showthread.php?t=41880&page=1578
     
    Peter, Aug 20, 2011
    #1
  2. Ag

    Ag Well-Known Member Silver Stacker

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    Peter - being trying to get you to the dark side for months! Dump that silly yellow stuff and join the party :)
     
    Ag, Aug 20, 2011
    #2
  3. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Few months?

    I need more before then.
     
    RetardedMonkey, Aug 20, 2011
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  4. gavburg

    gavburg New Member

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    Just thinking the same thing...
     
    gavburg, Aug 20, 2011
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  5. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    WOW - that's quite a backflip from your previous pessimistic comments and outlook on silver...

    Perhaps you're more talented at hating the whiteman than you are at insight into silver.
     
    Yippe-Ki-Ya, Aug 20, 2011
    #5
  6. Peter

    Peter Well-Known Member

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    The drums,the drums,will they never stop!
     
    Peter, Aug 20, 2011
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  7. Peter

    Peter Well-Known Member

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    I'm sure that gold will go up well and its a lot safer.And you can sleep at night.Will always have the great
    majority in gold.But a little two way bet is exciting,and can be profitable if you don't get too greedy.
    Have always had a little silver.
    Good to be objective about investments and to be able to see both sides.
    The aim,in the end ,is to make and preserve money(buying power).
     
    Peter, Aug 20, 2011
    #7
  8. Guest

    Guest Guest

    For vagabonds and swashbucklers? I can't tell if your being serious..
     
    Guest, Aug 20, 2011
    #8
  9. Ilikemetals

    Ilikemetals Member

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    Hmm i have become one of those people that is on the fence about buying.... I might let it rise to $50, then buy on the next pullback 1 last time.
     
    Ilikemetals, Aug 20, 2011
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  10. Wisp

    Wisp New Member

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    Good idea, but who knows, it could hit resistance there, only dip a few dollars and then keen going!
     
    Wisp, Aug 20, 2011
    #10
  11. goldpanner

    goldpanner New Member

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    I think you may be disappointed, I waited and waited thinking there would be a big dip in August like all the predictions said but it didn't come.
    The price of silver is not behaving the way it did before. I think it will creep back up to 50 and eventually 'go through it like a hot knife through butter' - :D sorry couldn't help myself!
     
    goldpanner, Aug 20, 2011
    #11
  12. stinkypete

    stinkypete Member

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    +1 im not waitin around ! gettin all i can now , if it dips well thats a bonus for me either way ill keep me stack tickin away !!
     
    stinkypete, Aug 20, 2011
    #12
  13. Ilikemetals

    Ilikemetals Member

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    Yeh true, but then again it never really does that... I think that there will be resistance at certain points on the way up to 'da moon' that we can capitalise on.
     
    Ilikemetals, Aug 20, 2011
    #13

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