Friday Smack Up?

Discussion in 'Gold' started by menotcrimex, Apr 17, 2013.

  1. menotcrimex

    menotcrimex Member Silver Stacker

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    You've seen the Friday smack downs prepare for a sharp reversal? I think

    Go the Smack Up
     
    menotcrimex, Apr 17, 2013
    #1
  2. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Why break with tradition?

    Keep the smack down for a few more weeks, no way am I paying more than $1330 for an oz of gold!
     
    Jislizard, Apr 17, 2013
    #2
  3. Ernster

    Ernster New Member

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    No....oh god no.

    Give us time to save some money.

    Give us some time to buy the dip.

    Give us time to save some money.

    Give us time to enjoy dealers dropping premiums to fair levels.

    In fact drop to $21 please.
     
    Ernster, Apr 17, 2013
    #3
  4. Altima

    Altima Well-Known Member Silver Stacker

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    If it doesn't end above 1400 USD when we end the week...

    It will go down. :)
     
    Altima, Apr 17, 2013
    #4
  5. Midnight Man

    Midnight Man Member Silver Stacker

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    My gut feel (highly tuned charting and technical analysis system that it isn't) tells me that if we don't start going up on Friday, it'll be very early next week (think Monday afternoon at latest NY time).

    Why? I reckon that what was desired out of this smack down will largely be achieved, and whilst we may not see a meteoric launch of price, a relatively steady increase in prices will be seen from that time on.

    Of course, what should be happening with all the money printing going on is that we should be circling the moon, and planning trips out from there in terms of price - but I've given up on the market actually doing what indicators suggest it should >.<
     
    Midnight Man, Apr 17, 2013
    #5
  6. metalzzz

    metalzzz Well-Known Member

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    sell the smack, it might be a wise choice if it happens
     
    metalzzz, Apr 17, 2013
    #6
  7. Photonaware

    Photonaware Active Member

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    Wrong forum me thinks !!
    Go to silver - this one is for gold and it costs 50-60 times as much.
     
    Photonaware, Apr 17, 2013
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  8. Ernster

    Ernster New Member

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    Even in these parts my son.............Gold is Silvers bit** :p
     
    Ernster, Apr 18, 2013
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  9. menotcrimex

    menotcrimex Member Silver Stacker

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    menotcrimex, Apr 18, 2013
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  10. menotcrimex

    menotcrimex Member Silver Stacker

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    Yes agreed, for those that have done all their buying like me the

    ( When? ) the price goes up is of less importence.

    Then we get those that are waiting for confirmation before buying in and those shortages in physical may become even more tight

    Y
    U
    YUBUY
    U
    Y
     
    menotcrimex, Apr 18, 2013
    #10
  11. thatguy

    thatguy Active Member

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    DCB, the only thing that will reverse this slide is supply and demand issues. And i'm not talking about ASE's at $3.99 over spot. Premiums could go to $30 over spot and it would not matter, ain't no one care if stackers can't get their fix. I'm talking about multiple 5000oz contracts being defaulted upon when industry is trying to stand for delivery.
     
    thatguy, Apr 19, 2013
    #11
  12. menotcrimex

    menotcrimex Member Silver Stacker

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    Won't know till close but so far so good
     
    menotcrimex, Apr 19, 2013
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  13. SilverAteMyMonies

    SilverAteMyMonies New Member

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    When drops happen everyone b*tches and moans and complains and is negative. When it starts to go back up people beg for it to go down. This forum reminds me of my ex :p (edit for I meant in being paradoxical, not a sexual comment.... although.......)
     
    SilverAteMyMonies, Apr 19, 2013
    #13
  14. Altima

    Altima Well-Known Member Silver Stacker

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    Hmm. Prices didnt increase but at least it held above 1400.

    Still waiting for another takedown to happen though.
     
    Altima, Apr 20, 2013
    #14
  15. SharpNshiny

    SharpNshiny New Member

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    I am rather enjoying these low levels, I haven't been stacking silver long (since January). But I have been keeping some "dry powder" ready for these dips.
     
    SharpNshiny, Apr 20, 2013
    #15
  16. VRS

    VRS Well-Known Member Silver Stacker

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    I still say gold $1250/oz by 15/5, silver $20-ish same timeframe
     
    VRS, Apr 20, 2013
    #16
  17. dragafem

    dragafem Well-Known Member Silver Stacker

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    hope ur right..been waiting for that... ;)
     
    dragafem, Apr 20, 2013
    #17
  18. TheEnd

    TheEnd Well-Known Member

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    Please explain VRS???
     
    TheEnd, Apr 20, 2013
    #18

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