Silver seems to be recovering.. Is it really on the way up?

Discussion in 'Silver' started by Annunaki, Sep 27, 2011.

  1. Annunaki

    Annunaki New Member

    Joined:
    Sep 12, 2010
    Messages:
    83
    Likes Received:
    0
    Trophy Points:
    0
    Happy with yesterday's dropped managed to buy 2 pamp monster box..but I didn't go all out as I am sure there's more buying opportunity in the coming weeks..
     
  2. Iluvnumbers

    Iluvnumbers Member

    Joined:
    Dec 19, 2010
    Messages:
    413
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Australia/Adelaide
    never heard of a pamp monster box. Do you mean 500x1 oz bars? if so can I ask where you bought?
     
  3. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
    15 X 1kg bars...


    Look like spot is rolling over, is this the start of the next decent?
     
  4. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

    Joined:
    Apr 13, 2011
    Messages:
    4,062
    Likes Received:
    17
    Trophy Points:
    38
    Location:
    Brisbane, Australia
    If 30x1kg PAMPs isn't all out... Well shit.... I don't know what is.
     
  5. TheBullionBoss

    TheBullionBoss Member

    Joined:
    Aug 24, 2011
    Messages:
    392
    Likes Received:
    9
    Trophy Points:
    18
    Location:
    MELBOURNE
    ahaha not exactly metre money is it
     
  6. spookeychicken

    spookeychicken New Member

    Joined:
    May 16, 2011
    Messages:
    62
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    ozland
    it looks on the way up.....for now

    I got 4x5oz and 4x10oz dragons today,even out to be around the 36 per oz

    Happy for a big dip in to the 20s after my holiday next month.
     
  7. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

    Joined:
    Mar 22, 2010
    Messages:
    8,318
    Likes Received:
    7,735
    Trophy Points:
    113
    Location:
    House Corrino
    So, if all this silver is being sold at the moment, someone else is buying it, and that someone is buying it in the high '20's / low '30's. These purchasers will not be afraid if silver takes another fall, so presumably there will not be another panic dump next time where the financial news turns sour as this drop will have shaken off all of the silver and gold weak hands, and those who had to liquidate, replacing them with people who bought in cheap and have much less at stake.
     
  8. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
    eww not lookin healthy :|
     
  9. wannabewallaby

    wannabewallaby New Member

    Joined:
    Sep 22, 2011
    Messages:
    5
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    United States
    There some high rollers up in here. Anyone wanna adopt an american? I'm potty trained, only need a warm corner to live in, and can speak english without an accent.
     
  10. Ilikemetals

    Ilikemetals Member

    Joined:
    Apr 9, 2011
    Messages:
    266
    Likes Received:
    11
    Trophy Points:
    18
    Location:
    Sydney
    Yeh, i have my money (literally) on a dead cat bounce lol
     
  11. fishball

    fishball New Member Silver Stacker

    Joined:
    Apr 11, 2011
    Messages:
    6,509
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Shin Sekai Yori
    Same :)

    So screwed if it doesn't LOL.
     
  12. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

    Joined:
    Apr 13, 2011
    Messages:
    4,062
    Likes Received:
    17
    Trophy Points:
    38
    Location:
    Brisbane, Australia
    If we see another drop, I am probably going to convince myself to dip into reserve dollars lol
     
  13. silvstack

    silvstack Member

    Joined:
    Sep 12, 2011
    Messages:
    132
    Likes Received:
    4
    Trophy Points:
    18
    Location:
    ny metropolitan area
    hi - i didn't BTFD - i could have, but really can't afford to - i'm already in a bit over my head. even if it is stuck where it is for a while or moves on up and i didn't get a steal at us$29, i'm content to sit back, parlaying as many rounds as it takes. something i admire about contributors to this forum (as opposed to maxkeiser) is a certain sobriety, standing back, seeing how things pan out (so to speak, that's a gold metaphor). besides, in a SHTF scenario we're allfucked, so we have to be careful what we wish for. anyway, thanks for saying interesting smart things y'all.
     
  14. stinkypete

    stinkypete Member

    Joined:
    Jul 30, 2011
    Messages:
    184
    Likes Received:
    1
    Trophy Points:
    18
    Location:
    Gold coast
    when will this dead cat hit the bloody ground ?
     
  15. stinkypete

    stinkypete Member

    Joined:
    Jul 30, 2011
    Messages:
    184
    Likes Received:
    1
    Trophy Points:
    18
    Location:
    Gold coast
    how about some gool ol slug bait :lol:
     
  16. Nukz

    Nukz New Member

    Joined:
    Oct 2, 2010
    Messages:
    543
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    I would say the price is purely moving up on speculation of the 2 trillion euro bailout.

    I woudnt be supprised if we see more margin increases in silver as well its all over the place right now.
     
  17. Dandan

    Dandan New Member

    Joined:
    Aug 31, 2011
    Messages:
    523
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Melbourne
    [youtube]http://www.youtube.com/watch?v=tr8bZ25uo1U&feature=youtube_gdata_player[/youtube]

    Wait for it. Actually don't pay attention to me. If it doesn't come off we will both be screwed lol
     
  18. chimpanchu

    chimpanchu New Member

    Joined:
    Aug 7, 2009
    Messages:
    1,634
    Likes Received:
    3
    Trophy Points:
    0
    Location:
    Australia
    Wait a minute, silver cat is not dead yet it's just really sick from getting kicked around by a bunch of bankers.
     
  19. chimpanchu

    chimpanchu New Member

    Joined:
    Aug 7, 2009
    Messages:
    1,634
    Likes Received:
    3
    Trophy Points:
    0
    Location:
    Australia
    You mean go to ZERO? Silver cat never touch the ground.
     
  20. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
    if it hits 30.50 i'm a seller FYI :)
     

Share This Page