Bounce off 24 and up through $50

Discussion in 'Silver' started by Rinchin, Jul 17, 2012.

  1. Rinchin

    Rinchin New Member

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    I have noticed there seems to be a bit of an influx on new members here.

    Figured I'd put myself out there make a bold prediction in the hope this is right so I can appear as the messiah to the next generation of stackers signing up.

    So my call for $24 as a bottom is based on the couple of posts lately about the cost to mine silver and the potential increase in premium as spot drops. Personally more believing in $24 spot but will still claim I was right if spot drops to $4 and the premium climbs to $20.

    From the low of $24 boldly calling a double to $48 within 3 months of this bottom.
     
  2. Rinchin

    Rinchin New Member

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    *disclaimer

    I know I have just echoed the figures quoted in a couple of posts lately. I know silver can get to 48, look like its going to the moon and still not break 50.

    But frankly I don't care, if its even close I shall act like the new messiah... perhaps I could start a subscription service? haha jokes have fun people its been a good week or so since we had a thread about short term future price predictions. Post your own, ridicule mine, just entertain me I'm so bored of waiting for silver to finish bouncing between 26 and 28

    edit: gramma
     
  3. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    That really is a bold call.... Predicting timeframes usually ends up in tears. :)
     
  4. TheEnd

    TheEnd Well-Known Member

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    Wait till 'the Bernank' speaks at midnight tonight..... Unfortuneately the game is rigged and the final truth is taking many many years to come thru that's why it's manipulated....... Stay looong!
     
  5. hiho

    hiho Active Member Silver Stacker

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    is that NZ$
     
  6. thatguy

    thatguy Active Member

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    No real support @ $24.. if it breaks $26 it'll be $20.50-17.50ish before it stops. I'm long at the moment with stops in @$25.95 and plan to short $25.95 with stops in @26.55. Long is speculation, short is hedge for phys :D

    I appreciate you call and will not tar and feather you if wrong... much :)
     
  7. Rinchin

    Rinchin New Member

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    Depends on the outcome, consider this ambiguity intentional as to better cover the options, but I was thinking AUS$ since that's what the graph on this page shows me. Actually how many of us kiwis do you think it would take to get GP to ad a NZ$ chart option? probably more than the 4 or 5 we have now?
     
  8. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    How about this weeks lotto numbers instead :D
     
  9. thatguy

    thatguy Active Member

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    You can mod your profile http://forums.silverstackers.com/profile.php to show different metals/currencies
     
  10. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Only one, but you'd need to pry him off the sheep first. Boom boom :D
     
  11. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    ^^^ This, with tweaks for my own numbers... :)
    Spookily similar..
     
  12. fiatphoney

    fiatphoney New Member

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    You are going to get harvested in both directions. btw Ben is having two announcements this week.
     
  13. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    I haven't seen a prediction with a timeframe come true in the last 18 months.
     
  14. thatguy

    thatguy Active Member

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    silver will be range bound between 27.22 and 27.45 for the next 10 mins
     
  15. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    :lol: :lol:
    How about Saturday's lotto numbers :p
     
  16. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    Channelling them now...

    27, 13, 14, 38, 1 and 6

    did i give you enough?
     
  17. longtime silver believer

    longtime silver believer New Member

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    LETS NOT FORGET FELLOW SILVER STACKERS{FLIPPERS,TRADERS,LONG TIME BELIEVERS OR WHAT THE HELL LET"S Gamble on silver people}.If china tanks, aussie dollar tanks and hey presto<instant silver rise!!!!!!!!!!
     
  18. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Please stop SHOUTING. Caps Lock. :)
     
  19. thatguy

    thatguy Active Member

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    Could be right, having looked at this
    The 'WTF SkyNet' Chart Du Jour
    http://www.zerohedge.com/news/wtf-skynet-chart-du-jour
    [​IMG]
    Stop hunting algos with all the inside data to aid in the hunt. Humans not needed
     
  20. Macros_The_Black

    Macros_The_Black Member Silver Stacker

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    Holy cr@p we are being loBOTomized.

    Maybe instead of buying PMs I should invest in Software engineering firms who make HFT software.

    Amazing - how should a "genuine free market" respond to this legalized scalping I wonder?

    Tnx for posting, this stuff is sooo over my head, that's why I go and stare at a lump of gold from time to time, it gives me comfort :)
     

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