$32 Silver

Discussion in 'Silver' started by Stedlar, Feb 18, 2011.

  1. unfunkable

    unfunkable Active Member

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    31.50 downnnnnnnnnnnnnnn
     
  2. Guest

    Guest Guest

    [​IMG]

    NICE!

    BUY BUY BUY!!!
     
  3. lakesentrance

    lakesentrance Member

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    Here's Harvey Organs latest on the Open Interest for Silver, as of 24th Feb

    (quote)
    Thus the total number of silver oz standing in this delivery month is as follows:
    2,275,000 oz (already served) + 440,000 (oz to be served) = 2,745,000 oz vs 2630,000 yesterday.

    As I promised you the silver standing is rising and judging from the lack of movement at the OI they are even having trouble satsifying these longs. Can you imagine the fun with millions of ounces standing and nobody has any to give?
    (endquote)

    So they're hanging in there and may demand their delivery of physical ... or a nice cash premium. This is playing out as has been forecast.

    I see the price has been kept down all this week, as was predicted would happen. Roll on Feb 28
     
  4. Slam

    Slam Well-Known Member Silver Stacker

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    I think some of the longs were hoping to see $36 silver.

    If they drive the price low enough, the longs would crack the shits and stand for delivery. They are probably sick of this game.

    I really hope at least 20000-40000 contracts stand for deliver out of the 100,000 open interests.

    Slam
     
  5. bellinvest

    bellinvest New Member

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    Should we see a increase in the price/oz early next week?

    The price has been bumped down, but with the contracts due should things heat up?
     
  6. JulieW

    JulieW Well-Known Member Silver Stacker

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    'Beware the Ides of March'
     
  7. systematic

    systematic Well-Known Member

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    cue scary music .... :/
     
  8. thatguy

    thatguy Active Member

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    lol back to the future
     
  9. thatguy

    thatguy Active Member

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    Well, this is fun :D
     
  10. SilverSurfer77

    SilverSurfer77 Well-Known Member Silver Stacker

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    go you good thing :)
     
  11. metalzzz

    metalzzz Well-Known Member

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    Oh dear silver has had a bit too much heroin. This could end bad
     
  12. thatguy

    thatguy Active Member

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    going like a silver rocket :)
     
  13. Eruaran

    Eruaran Member

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    I'm still buying because I believe the day will come when we all look back at $32 and say, "look how cheap silver was!". ;)
     

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