16% drop and still falling !! Crickey

Just received my new Dragons today and purchased some more Ag last night using up about a month's income.

Crickey - a 16% instant drop and I've yet to pay.

When will we hit bottom ?

My coffers are looking somewhat light at the moment so entering a panic mode about lost opportunites to add to stack.

Anyone having the same experience ?

 

I can feel the panic in the air.

 

Me. I'm buying a tad, but already scratching my head trying to figure out a way to buy in bigger of we go down to 25 or less

 

I bought over the last 5 weeks, finished buying a week ago. Great just great. Was not considering buying more until now. I will be sitting tight and pouncing at the turn

 

Where I'm sitting I can smell it as well.

 

...Short term noise, I'm in it for the long term. I'm not selling anything now so I don't care about this manipulation...In fact its good, it will wipe more silver off the shelves and create a bigger physical tight squeeze for the near future.

 

Its showing almost no resistance its going down man, down.

Hello 20's its been a while.

I have some powder dry so im not complaining.

 

growl

 

The question is????

Buy small over the next few weeks

Or

Buy big soon

 

I was not expecting a dip this great and this long, but I'm ready to buy more.

MORE. MORE. MORE.

[youtube]http://www.youtube.com/watch?v=sZrgxHvNNUc[/youtube]

 

The drop I've been waiting for! Time to stack up guys!

 

You can only smell the weak hands.

 

^ sage advice. Don't panic. Don't rush to sell.

Only fools and weak hands sell on the way down.

 

Makes me think of April/May this year

It will go up, and it will go down like a roller coaster

If ya cant handle it, buy gold

 

The markets will close soon for the weekend.
See what happens on Monday when everybody has had two days to think about what has happened.
I like these charts:

http://finviz.com/futures_charts.ashx?t=METALS&p=m5

It doesn't look like a pre-planned takedown.
When they happen, you usually get one big red bar showing the "hit".
But activity is showing selling all the way to $32 at a constant rate.
I think people are just offloading their ETFs.

 

Meh this drop hasnt worried me in the slightest. I guess when your dad is dieing it puts thinks in prespective. Although I guess it means I have to buy even more Silver now...sheesh.

 

I hit refresh 5 times in the last 60 seconds and each time it was down by another 2-10c!

 

The value of my stack now is of no concern whatsoever, it's with which PMs do I increase it with

 

think this is bad
wait until US market opens

 

That's what I thought last night. I see value stock buying which can only mean the ash is coming from selling PMs, mostly gold, which I now believe we will see 1650