Better look again mmmlk. Good luck waiting for 14. From where Im looking the bottom was set @ 18 and change. Good day for the gsr with gold down and silver up. Fingers crossed...
I see it the other way around. I see a big jump in Silver - which will be maintained - but a short term spike in gold - in very late August and early to mid September (mainly U.S 'weak stockmarket' driven). Backing up the truck a week or two ago would have been better! But....if there is a plunge, put me down for some more lovely 1kg PAMP bars...
If someone doesn't mention my intellect in the next five minutes, I'm going to send threatening personal messages to people I don't know... Aka, Bama Guy wannabe
Can't rule that out, that's for sure, but I am looking more to what happens again at the end of the week. Are the Friday smack up's (formerly the Friday smack down's) going to continue. My feeling is we are looking at a steady sustainable rise, however this is just a feeling. No better a guess than investigating the entrails of a sheep or gazing into the Chrystal ball. I would welcome more of Sammy's insights now. Seems he is fast approaching "silver oracle" status. Nice work mate. I don't think there's much credibility left now to the flat line for 20 years theory.
Just looking at the chart above, AUD 23.83 this morning and USD 21.74. That's 6.3% and 13.2% respective increases. I picked the bottom as evidenced by the GSR drop of about 5, however, the AUD going higher is apparently due to the sentiment that the Coalition will win the election and take us out of the basket-case economy we are running. In addition, part of last month's drop had already factored in the drop in interest rates. Had the AUD stayed steady or dropped, we would have had AUD spot between 13% and 20% increase. But I'll stand by my narrative and go to my LCS today and by some 50s and then see how the percentages crunch.
Yes im confused by jesters logic but wouldnt going from 18.29 - 21.42 over the last 8 weeks be more of a sign of an uptrend? Id hardly call 17% increase in two months as sideways. If Im an idiot I wonder what that makes him?
Yes, confusion is rampant on this particular thread. Quite a few cerebral' y challenged individuals obfuscating with a lot of smoke and dust. (Bulldust I would think.) Whew, managed to substitute "intellect" with something else. Hopefully avoiding another avalanche of diatribe on the matter.
Ahh, nice one. :lol: Yeah!!! :lol: :lol: :lol: I'm not the only one in a frivolous mood today. I'm feeling really jolly coz it's me berfdey. 21 today......... Again.
Just Google'd "diatribic" and it sounds really serious! Apparently you get giddy, confused and pass out when the bullshit levels drop too low. :lol:
Okay guys, it's like this: Went to my LCS today and bought 37 x 50s at $8.85 each. I bought 19 at $8.40 and 61 at $8.15 early last week. If they were sold for $8.85 today it would represent a profit of 7.8%. I talked the talk, and have now walked the walk.
This was posted on 3rd August, 2013. less than 12 days later:- I expect all you naysayers to be knocking on my door with your jar of vaseline!
Yep, it's a great feeling huh. You should be on top of the world right now and rightly so I would add. This thread has given me great satisfaction also but I won't go there as I gave my word to desist from continuing with that issue, but yeah, I'm on top of the world myself. Not only by vindication of my recent silver investments but other things as well. I had a wonderful birthday yesterday and the good times just keep rollin on. Cheers Sammy, you have made my day. Just be merciful with your vanquished foes. Plenty of vaseline, maybe some flowers and a nice bottle of wine would be a good idea.