$38 Silver Thread

Discussion in 'Silver' started by Teh silvers, Mar 24, 2011.

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  1. kram

    kram New Member

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    Yeah there was a nice ~40c USD sell off.
     
    kram, Mar 24, 2011
    #21
  2. cdnmetalmetalhead

    cdnmetalmetalhead New Member

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    Anyone else find this jump scary?
     
    cdnmetalmetalhead, Mar 24, 2011
    #22
  3. Aengrod

    Aengrod Member

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    More or less looking like phase3 for me.
     
    Aengrod, Mar 24, 2011
    #23
  4. C_Heath

    C_Heath New Member

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    rut ro taking a dive hehe
     
    C_Heath, Mar 24, 2011
    #24
  5. wes hightower

    wes hightower New Member

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    stop. hammertime.
     
    wes hightower, Mar 24, 2011
    #25
  6. silver$100

    silver$100 New Member

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    [​IMG] :cool:

    source: www.silver-info.com

    Silver is just about $12 dollars away from its all time Hunt Brothers nominal highs. Nice...:)
     
    silver$100, Mar 24, 2011
    #26
  7. Loxmyf

    Loxmyf Member

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    So between 4:24(your post) and 6:24(this one) Gold has lost $50... Ouch!

    [​IMG]
    Source: Live Gold plugin for Firefox.
     
    Loxmyf, Mar 24, 2011
    #27
  8. heyimderrick

    heyimderrick Active Member

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    http://www.zerohedge.com/article/and-clockwork-cme-hikes-silver-margins-halting-surge

    Just a repeat play by the banksters trying to shake out weak hands. Buy the dips. The climb will resume.
     
    heyimderrick, Mar 24, 2011
    #28
  9. Loxmyf

    Loxmyf Member

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    Ahh, I just realised. silver$100 posted in USD. My post is in AUD. Move along, nothing to see here.
     
    Loxmyf, Mar 24, 2011
    #29
  10. Guest

    Guest Guest

    And yet, at the time of posting :

    Au : 1399.46 AUD
    Ag : 36.35 AUD

    That's why I don't get carried away on the market moves. The long term trends are undeniable, but there's serious money knocking this stuff back down on every spike.
     
    Guest, Mar 24, 2011
    #30
  11. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Gotta love the margin hikes mid trading day.

    Well we certainly hit $38 before $34... :D
     
    SilverSale, Mar 24, 2011
    #31
  12. Rothbard

    Rothbard New Member

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    Haha really? Not even the slightest mention in the news this morning...or any morning.

    Silver has raced up 20% over the recent weeks and Fairfax newspapers are reporting on beer shortages and meager annual gains of 7% as if that's good!

    We are a long way till stage 3.
     
    Rothbard, Mar 24, 2011
    #32
  13. f40

    f40 Member

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    +1
     
    f40, Mar 24, 2011
    #33
  14. gbickle

    gbickle Member

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    It will be interesting to see how long it takes to pass $38 again
     
    gbickle, Mar 24, 2011
    #34
  15. Nub Cannon

    Nub Cannon New Member

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    I think it will hit $38 tomorrow but I'm not sure how long it will hold
     
    Nub Cannon, Mar 25, 2011
    #35
  16. Teh silvers

    Teh silvers Member

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    I'm going to bed.il see you in the morning.
     
    Teh silvers, Mar 31, 2011
    #36
  17. Turk

    Turk Active Member

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    Goodnight Teh Silvers!

    NC: Yes, we should touch USD $38 early tonight but we will probably bounce off it to the downside pretty smartly. Overall the night will probably be pretty flat, with a pronounced decline overall after 1am Sydney time.
     
    Turk, Mar 31, 2011
    #37
  18. 2ds

    2ds New Member

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    Heh, I've been watching the market for all week and being massively disappointed in how little it is moving, only just realised it was because the AUD has gone hulk in the last week vs USD, currently at 1.035 it's a rocket this week
     
    2ds, Mar 31, 2011
    #38
  19. Ernster

    Ernster New Member

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    Exactly. Gold inst even in stage 3 yet.
     
    Ernster, Mar 31, 2011
    #39
  20. Stedlar

    Stedlar Active Member

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    Stedlar, Mar 31, 2011
    #40
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