When will Silver break out from $29 us.

Discussion in 'Silver' started by errol43, Mar 20, 2013.

  1. errol43

    errol43 New Member Silver Stacker

    Joined:
    Apr 13, 2010
    Messages:
    5,993
    Likes Received:
    15
    Trophy Points:
    3
    Location:
    Bundaberg
    Over the last 4 or 5 years since I began stacking, I have never in my memory, seen silver test a certain level so many times and when it breaks through, the price only stays there for a very short time.

    The $US29oz has been breached at least several times during the last month or so..

    So the question is when will it go past $29 and keep going?..

    One I saw the price of silver go past $29.20 but it went down just as fast to around the $28.85 mark.

    Even the situation in Cyprus hasn't done much for silver!

    So will we ever see $30 before Christmas?

    Regards Errol 43

    Edited for spelling
     
  2. silver kook

    silver kook Active Member

    Joined:
    Dec 1, 2010
    Messages:
    1,119
    Likes Received:
    1
    Trophy Points:
    36
    Location:
    Australia
    just breached $29.00 US again!
     
  3. AQ

    AQ New Member

    Joined:
    May 21, 2012
    Messages:
    63
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    WA
    or might droppp?! :/
     
  4. menotcrimex

    menotcrimex Member Silver Stacker

    Joined:
    Feb 20, 2013
    Messages:
    689
    Likes Received:
    1
    Trophy Points:
    16
    IMO yes we will see $30 - $49 before Christmas but perhaps a dip down first maybe $22 - $25 but this is just gut feeling so don't bet on it.
     
  5. SilverAteMyMonies

    SilverAteMyMonies New Member

    Joined:
    Mar 15, 2013
    Messages:
    73
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    United States
    I hope there's not the dip first because I'll feel pretty bad. I've been scrambling to buy up as much as I can right now before the $30 U.S. mark is breached since for some reason these imaginary mark points seem to matter
     
  6. Dynoman

    Dynoman Active Member

    Joined:
    Oct 19, 2010
    Messages:
    1,448
    Likes Received:
    5
    Trophy Points:
    38
    Location:
    Geraldton
    I don't want a price breakout before retirement. So let's say be fair & hold steady until 2023 then all hell is welcome.
     
  7. SilverAteMyMonies

    SilverAteMyMonies New Member

    Joined:
    Mar 15, 2013
    Messages:
    73
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    United States
    I'm tempted to say something like that but it's just tempting fate to kill me in 2022
     
  8. errol43

    errol43 New Member Silver Stacker

    Joined:
    Apr 13, 2010
    Messages:
    5,993
    Likes Received:
    15
    Trophy Points:
    3
    Location:
    Bundaberg
    28.96...Knocking at the door again?

    Regards Errol 43
     
  9. Dynoman

    Dynoman Active Member

    Joined:
    Oct 19, 2010
    Messages:
    1,448
    Likes Received:
    5
    Trophy Points:
    38
    Location:
    Geraldton
    I was gonna press the" Thanks" gadget then realised we're missing a "LOL" gadget. :)
     
  10. Guest

    Guest Guest

    I wonder if silver will close above $29 tonight?

    I'm sure the blood sucking suits have something up their sleeves, bastards.....holding silver down.
     
  11. Golden ChipMunk

    Golden ChipMunk Well-Known Member

    Joined:
    Dec 12, 2012
    Messages:
    7,902
    Likes Received:
    1,323
    Trophy Points:
    113
    Location:
    Perth, Jupiter, Venus, Mars
    Aud27.43
    Another week down.
     
  12. errol43

    errol43 New Member Silver Stacker

    Joined:
    Apr 13, 2010
    Messages:
    5,993
    Likes Received:
    15
    Trophy Points:
    3
    Location:
    Bundaberg
    The week isn't over yet! :) Still 5hrs of trading to go.. They must have made their $$$ early this week!

    Regards Errol 43
     
  13. Guest

    Guest Guest

    Surprise surprise, the white collar crims are playing their tricks with non existent silver again before the close.
     
  14. Altima

    Altima Well-Known Member Silver Stacker

    Joined:
    Feb 7, 2013
    Messages:
    4,178
    Likes Received:
    58
    Trophy Points:
    48
    Location:
    Canada/Singapore
    Thank you Friday takedown! Finally managed to pull the trigger. Hope it goes down some more though!

    Silver is so cheap compared to when it was 35/36 an oz!
     
  15. Guest

    Guest Guest

    Honest investors in the physical market are having their wealth relentlessly suppressed by these dishonest bastards. I'm sick of their games. I'm very excited about the prospects for silver and these sicko fraudsters who pound the price will not shake me and many like me off the bull....its just so out in the open they're just pissing me off with their games. They can trade a third of the worlds silver mined yearly in a single sitting according to Eric Sprott.

    CFTC too, what a f***ing joke those guys are. Smarmy pushovers.
     
  16. menotcrimex

    menotcrimex Member Silver Stacker

    Joined:
    Feb 20, 2013
    Messages:
    689
    Likes Received:
    1
    Trophy Points:
    16
    Its frustrating for sure but silver and gold will have their day and that day starts in 2013 imho
     
  17. Rad Dood

    Rad Dood Member

    Joined:
    Apr 15, 2012
    Messages:
    212
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Perth
    I agree ^^^^^.... Imagine being the last guys in the paper PM chain trying to Recover their investment??
    Maybe so many will get burnt that those shysters who have been running this con will face the music and not be able to smarm their way out of it.
    With China buying tonnes and tonnes of physical and Germany and others repatriating theirs, the available physical that is being paper traded must surely be shrinking.Sounds like Reality may soon kick in and look out its going to be a great roller coaster ride.
     
  18. DanielM

    DanielM Active Member Silver Stacker

    Joined:
    Oct 23, 2012
    Messages:
    2,889
    Likes Received:
    29
    Trophy Points:
    38
    Location:
    Melbourne
    Unless you want to sell your whole stack today then why care if the price is a little deflated? I hope it drops more so I can buy more
     
  19. Guest

    Guest Guest

    Because quite frankly the price suppression is pissing me off and I want it to end.
     
  20. Greenman

    Greenman Member Silver Stacker

    Joined:
    Dec 6, 2012
    Messages:
    550
    Likes Received:
    8
    Trophy Points:
    18
    Location:
    Australia
    Is the size of the annoyance directly proportionate to the size of one's stack?
     

Share This Page