silver going downnn downn downn

Discussion in 'Silver' started by BootyBandit, Mar 6, 2012.

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  1. BootyBandit

    BootyBandit New Member

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    Any idea what is causing the drop this time?
     
    BootyBandit, Mar 6, 2012
    #1
  2. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Solar flares. :p
     
    Eureka Moments, Mar 6, 2012
    #2
  3. SilverSurfer77

    SilverSurfer77 Well-Known Member Silver Stacker

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    A rally in the US dollar, the sheeple are on the move to paper again :p
     
    SilverSurfer77, Mar 6, 2012
    #3
  4. badhammy

    badhammy Member Silver Stacker

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    China revised their growth target from 8.5% down to 7.5%
     
    badhammy, Mar 6, 2012
    #4
  5. gbickle

    gbickle Member

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    same old same old... euro debt concerns, global economy slowdown ..
    no logical reason as the global situation is exactly the same as it was when silver was $37 not long ago... triple bottom at $26 coming up maybe

    Im thinking this volatility is all set up by the big players so they can go short or long before the economic "data" comes out in the media... or before the crap comes out of Bernankes mouth
     
    gbickle, Mar 6, 2012
    #5
  6. bui

    bui New Member

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    euro worries is pushing people to the USD as its seen the most 'safe' and liquid currency... cant wait till paper becomes worthless!
     
    bui, Mar 6, 2012
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  7. alex.ross

    alex.ross New Member

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    risk off day
     
    alex.ross, Mar 6, 2012
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  8. silvertongue

    silvertongue Member Silver Stacker

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    Hmm, yes, the instantly recognisable current downwards trend is the result of a lack of incremental movement in an upward direction. Or maybe short sellers... or aliens...
     
    silvertongue, Mar 6, 2012
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  9. BIGGRIN

    BIGGRIN Member

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    My next door neighbour mowed his lawn...
     
    BIGGRIN, Mar 6, 2012
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  10. fishball

    fishball New Member Silver Stacker

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    rbaggio just bought some silver
     
    fishball, Mar 6, 2012
    #10
  11. BootyBandit

    BootyBandit New Member

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    if it goes back to $26 id be pissed cos i just spent all my fiat
     
    BootyBandit, Mar 6, 2012
    #11
  12. Silverthorn

    Silverthorn Well-Known Member

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    Silverthorn, Mar 6, 2012
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  13. Guest

    Guest Guest

    Just more of the same shenanigans.

    A bit of this [​IMG] and a bit of this [​IMG]
     
    Guest, Mar 6, 2012
    #13
  14. Matthew 26:14

    Matthew 26:14 New Member

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    Sub $33 now.....
     
    Matthew 26:14, Mar 6, 2012
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  15. mike titanic

    mike titanic New Member

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    under $32? Ill be buying a handful.
     
    mike titanic, Mar 6, 2012
    #15
  16. upandaway

    upandaway Member

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    Silver's caught a flimsy bid just short of 50 DMA at present, but anyone's guess if it holds. With all that's happening and probably a short term market top (which metals have been trading with) be a brave call to say this is it.
     
    upandaway, Mar 6, 2012
    #16
  17. alor

    alor Well-Known Member Silver Stacker

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    r u the 1 who sold to him ? :)

    s spot at 32.76 usd
     
    alor, Mar 6, 2012
    #17
  18. SilverSurfer77

    SilverSurfer77 Well-Known Member Silver Stacker

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    AHHH!!!! Typical silver, takes the stairs up and the elevator down.
     
    SilverSurfer77, Mar 6, 2012
    #18
  19. alor

    alor Well-Known Member Silver Stacker

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    elevator box was an empty one, under installation, free fall :p
     
    alor, Mar 6, 2012
    #19
  20. Giodor8

    Giodor8 Active Member

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    Coles bought all the silver! Down down , prices are down! :)
     
    Giodor8, Mar 6, 2012
    #20
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