Big sudden drop in gold and silver 12/9/13 @ 5:12pm

Discussion in 'Silver' started by Alfie, Sep 12, 2013.

  1. pdkbffwleo

    pdkbffwleo New Member

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    It hit $25 USD like 10 days ago...

    that's nearly $3. Which, is why it irritates me...just wanted to sell, and get more at lower cost...

    edit: I guess this is a bit redundant. lol, sorry.
     
  2. DanielM

    DanielM Active Member Silver Stacker

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    first, it never hit $25, it hit $24.92 on the 28th of Aug which was more like 16 days ago
    secondly, if we go 20 days further back from that it was $19.54 so dont complain, just bacause you didnt have the manhood to flip the silver doesnt mean you should go ag bashing
     
  3. Dustin

    Dustin New Member

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    First, netdania shows a high of $25.12 on Aug 27. Regardless, your first argument being over pennies just shows your nitpicking(trolling).
    Second, what's the reason for this outburst of aggression? Looks to me like you are singling him out for no reason...all he did is express his feelings about wishing he sold around $25..why does this give you the right to go pdkbffwleo bashing?

    I sense that you have a dislike for this person, and because of that you reply to all his posts with some kind of personal insult. Grow up. Everyone is welcome to their opinion, and as long as it doesn't insult or degrade anyone, they are welcome to share that opinion with us.
     
  4. tolly_67

    tolly_67 Well-Known Member

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    It would take a brave man to flip silver at the moment.
     
  5. DanielM

    DanielM Active Member Silver Stacker

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    i think it would, im just happy i done most of my buying sub A$23. i just dont like flippers whinging over missed opportunities
     
  6. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    [youtube]http://www.youtube.com/watch?v=utpXXwl6cGc[/youtube]
     
  7. Stark

    Stark Active Member Silver Stacker

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    ARCHER!!! :)

    Maybe the delay in "UN" intervention in Syria has something to do with this... ;)
     
  8. Guest

    Guest Guest

    Dangerous game selling in the low 20's in the hopes of buying lower IMO. The only silver I've sold personally is to buy gold and silver mining shares.
     
  9. So, When's the wedding?

    Tosser. :rolleyes:
     
  10. pdkbffwleo

    pdkbffwleo New Member

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    Yes, you are correct. $24.92. 16 days ago...affirmed.

    But, it did top $25 the next day.

    Now, if I can just figure out how not to be so upset. Darn it. So upset right now. So crazy upset. :rolleyes:

    Thank you sir.
     
  11. pdkbffwleo

    pdkbffwleo New Member

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    No added value here...move along please.

    He was indeed trolling. My response was not intended to provoke a negative reaction from the almighty Silver Gods, rather, like most of you here, I was voicing frustration with my not selling when it topped $25 on August 27th.

    Thank you Silver for your reply, but like usual, they are pointless.
     
  12. pdkbffwleo

    pdkbffwleo New Member

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    I'm not selling in the low 20's. I was going to sell 500 ounces at $25 to take a profit of $2,100...because I thought it would bottom again sub $20.

    I was halfway correct...as it's around $22 right now.

    trying to get my dca around $21.50
     
  13. pdkbffwleo

    pdkbffwleo New Member

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    lol

    wow

    I'm going to flip, always...and then "whine" when I want to.

    yeah...that's how it's going to be. Get used to it, or don't...I don't care. Honestly bro...I don't.

    Good luck to you sir. It's a shell game, and to each his own. Continue to hoard silver until you die...then make a casket from it.
     
  14. PAGAU

    PAGAU New Member

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    Looks like a Silver buying opportunity coming up in the next few weeks?

    Look at gold, it's down $34.70 and still sliding.

    As if everything (the U.S economy) will be rosy when tapering ends!, I don't think so.
    Interest rates are rising which is scaring away the real estate buyers but maybe the stock market bubble will continue for a while yet. When that pops where will they park the cash?
     
  15. willrocks

    willrocks Well-Known Member Silver Stacker

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    Bitcoin
     
  16. Altima

    Altima Well-Known Member Silver Stacker

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    Under the bed!
     
  17. DanielM

    DanielM Active Member Silver Stacker

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    Hrmmm......sounds like a plan
     
  18. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    I like what you say, but some people go through life enjoying fine wine, fine woman, fine cars, and of course fine silver. What better way to go out but in a silver casket.

    I made a big mistake here in Australia pontificating that buying funeral plots is a "mini me" way of getting into real estate; however, with global warming, fewer people are dying as there is less disease.

    Can't take a trick.
     
  19. Alfie

    Alfie Active Member

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    I found this on Hot Copper Yesterday Arvo

    "On September 12 at 2:54:05, approximately 2000 gold futures contracts traded in a second, sending the price down just over $10 and causing a circuit breaker to trip, which shut down trading for 20 seconds. That is the longest halt we have recorded in a widely traded futures contract. A closer look at the data reveals this was most likely from one large order to sell at the market"

    Rambleon's source was:

    http://www.nanex.net/aqck2/4420.html
     
  20. mmissinglink

    mmissinglink Active Member

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    The more it drops the better chance that my money will flow. I'm guessing that most pm dealers (including the US Mint) actually make a lot more money when silver/gold prices drop to their knees like they seem to be doing at this moment because what they loose in % spot drop they more than make up in volume. So, when prices are very low, buyers and sellers should both be very happy in most cases.
     

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