dip

Discussion in 'Silver' started by Smoothcriminal, Dec 10, 2010.

  1. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

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    Looks like silver (and gold) got sucker punched for the weekend
     
  2. Apollo

    Apollo New Member

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    go baby go! ...sub 27.50 would be nice!
     
  3. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

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    only if it holds until wednesday when I'm buying :)
     
  4. Austacker

    Austacker Active Member

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    My next big purchase is not until Jan 2011 so who knows what will happen by then. I hope it drops a bit more also :)
     
  5. dccpa

    dccpa Active Member

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    I think you guys have already seen the drop. We will find out Monday. :)
     
  6. Blockhead

    Blockhead Active Member

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    i'm all fiated out til at least february regards moon metal so it's all just a freak show to me at the moment.
     
  7. intelligencer

    intelligencer Active Member

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    I'm thinking Monday will be a slight rise. Tuesday will see one last knockdown hopefully to $27.50 ish and then we'll go up to $29 and perhaps crack $30 again by Friday.

    I'll be waaiting to oorder on Tuesdays dip. But really I'm doing it as a bit of a game since I'd save only $200 if the dip happens. Represents nothing in the long term.
     
  8. Mighty Atom

    Mighty Atom New Member Silver Stacker

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    These dips and jumps are quite something. I have the feeling that silvers true worth is shining through here. Certainly is looking solid.
     
  9. Slam

    Slam Well-Known Member Silver Stacker

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    I hope the prices stay the same or roughly the until Wednesday next week.

    Slam
     
  10. Bulawan pilak

    Bulawan pilak New Member

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    I got some before the price goes to $1000/kg. Theres something about that number that says once it goes past $1000 for a week, it will not come back down, at least for a long time.
     
  11. Stedlar

    Stedlar Active Member

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    You know, for all its volatility, it's only down about 10 cents on last week's close.
     
  12. intelligencer

    intelligencer Active Member

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    I'm actually not unhappy with the price now.

    I'm going to take my own last dip in the silver pool for the year by buying 200 ounces so even if it dipped $2 I'd be down only $400. Nothing to worry about in the long term.

    When you're up over $30k on paper over the year for silver alone $400 is a total piss in the pond.

    My advice, just keep buying. The fluctuations are just noise that will become totally and utterly irrelevant. To save yourself $100 you might be doing yourself out of many multiples more down the track.

    It's a total no brainer. Just buy is my position.
     
  13. domdolittle

    domdolittle Active Member Silver Stacker

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    Too right, guys... it's the long term focus that's important !

    Those bumps on the road are nothing as long as you are on the right road.

    Considering the amount of 'funny play' in the Markets, it's pretty solid foundation.

    Next week could be interesting, specially after the latest COT is digested... will see ?

    :cool:
     
  14. Matthew 26:14

    Matthew 26:14 New Member

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    A drop to $10/oz in September would be nice so I can stack en masse the 2012 Lunar Dragons :)
     
  15. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

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    Drop damn you I'm buying tommorow!
     
  16. Bulawan pilak

    Bulawan pilak New Member

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    Told you there is something about the $1000/kg amount.....ABC selling beyond $1000/kg Silver today with AUD at 0.99 cents...
     
  17. intelligencer

    intelligencer Active Member

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    Just glad I bought both dips to low and mid $28s. 200+ oz first go, 140 oz last week.
     
  18. Apollo

    Apollo New Member

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    Thankfully i took the advice of some others on here and picked up another 30ozt yesterday at spot from a new coin dealer that I just found. even if there is a drop I'm happy I did.
     
  19. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

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    New coin dealer in Perth??? Share with the other Perthites!
     
  20. Austacker

    Austacker Active Member

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    A PM if you don't want to make it public pretty please :)
     

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