$42 bada bing bada boom

Discussion in 'Silver' started by cdnmetalmetalhead, Apr 14, 2011.

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  1. Ouch

    Ouch Active Member

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    Up only in USD? My Palladium ETF in AUD is down.

     
    Ouch, Apr 15, 2011
    #21
  2. thatguy

    thatguy Active Member

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    That is a problem for ppl who think the USD is gone as a dodo in fukushima. Seriously silver is in USDs and if the USD goes away or worse hyper inflates who decides what silver is worth?! Its nice to point to something outside your self to say what the the price of silver is worth...
     
    thatguy, Apr 15, 2011
    #22
  3. fishball

    fishball New Member Silver Stacker

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    But if the USD hyperinflates to become worthless you would have had 2 options:

    1. Hold the 42 USD
    2. 1oz of silver

    Which do you think will be more useful when the USD goes the way of Zimbabwe?
     
    fishball, Apr 15, 2011
    #23
  4. thatguy

    thatguy Active Member

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    for sure it is easy but in trading with mr X for a Y now you can say "look silver is woth $42 according to the LBMA, Comex etc and Et al...", what does the future hold?
     
    thatguy, Apr 15, 2011
    #24
  5. fishball

    fishball New Member Silver Stacker

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    No one would honestly know, it could the Chinese RMB, Euro, Yen, GBP or some new world currency.

    But the important thing is to note that the 42 USD would in that case be completely worthless whereas silver will still have some intrinsic value.
     
    fishball, Apr 15, 2011
    #25
  6. Agauholic

    Agauholic New Member

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    weeeeeeee?
     
    Agauholic, Apr 15, 2011
    #26
  7. Ernster

    Ernster New Member

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    bye bye $42.......see you again soon.
     
    Ernster, Apr 15, 2011
    #27
  8. rbaggio

    rbaggio Active Member Silver Stacker

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    wee, just dropped 50c in 25 mins
     
    rbaggio, Apr 15, 2011
    #28
  9. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Just shows you the volatility of the market we've chosen to invest in.
     
    RetardedMonkey, Apr 15, 2011
    #29
  10. Scrooge_McDuck

    Scrooge_McDuck New Member

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    End of week cashing in?
     
    Scrooge_McDuck, Apr 15, 2011
    #30
  11. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

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    I think this run up is the last one of the week - lets hope for aroudn $42.50 close so i can win my own comp :)

    SPOT $42.20 and less than 10 hrs left til close - maybe a bit to early with the run up
    we will see
     
    THUCYDIDES79, Apr 15, 2011
    #31
  12. Ernster

    Ernster New Member

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    Totally forgot about the comp! The POS always seems to go beyond my expectations, so I guess we all win if you look at it like that.
     
    Ernster, Apr 15, 2011
    #32
  13. rbaggio

    rbaggio Active Member Silver Stacker

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    Did silver just shoot up 20c in 2mins? Wtf?
     
    rbaggio, Apr 15, 2011
    #33
  14. fishball

    fishball New Member Silver Stacker

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    Yeah lol wtf, I thought my eyes were playing tricks with me.
     
    fishball, Apr 15, 2011
    #34
  15. thatguy

    thatguy Active Member

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    boom thats a lift off :(

    /\
    ||
    ||
    / \
    0
    o

    now which way were you meaning ?!

    Getting A 43 thread READY!
     
    thatguy, Apr 15, 2011
    #35
  16. Teh silvers

    Teh silvers Member

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    Cool bananas.
    Silver is preforming very well.
     
    Teh silvers, Apr 15, 2011
    #36
  17. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Basically just a straight line. Haha
     
    RetardedMonkey, Apr 15, 2011
    #37
  18. goldpelican

    goldpelican Administrator Staff Member

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    zing!
     
    goldpelican, Apr 15, 2011
    #38
  19. rbaggio

    rbaggio Active Member Silver Stacker

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    Here's what just happened:

    Silver went up USD$0.30c in 90 seconds. Check it:

    [​IMG]
     
    rbaggio, Apr 15, 2011
    #39
  20. unfunkable

    unfunkable Active Member

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    cmon i bid 43.50 in that auction thread
    you can doooooooo it!
     
    unfunkable, Apr 15, 2011
    #40
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