1. Technical indicators point to sub-$16 silver soon.....(3-26-14 currently at sub-$19.90) Just pull up a long range chart and use some simple moving averages and I believe you will agree. 2. The major retail players are discounting silver on a daily basis . .................. comparesilverprices.com 3. Im holding off until I see $16, and only then will I stack silver....... 4. Untill then, my focus and money is on the stock market especially the green rush penny stocks like cbis, mjna, phot, etc......... marijuanaindex.org
I'm putting a buying group together for $16 silver. If every stacker sends me $1,600 for a 100 ouncer, I'll put the call in now. Remember though, money up front, in a brown paper envelope. I'll close the offer at 500 participants.
4. You edited your original post from "currently sub-$19.50" to "currently sub-$19.90 and current spot is still over $20 so your full of crap.
That's a wonderful idea! I am also putting together such a group! I always wanted to have $800,000 in brown paper envelopes!
Not sure what you are seeing as sub- 19.50, but I agree the technicals are currently at an inflection point. Don't expect too much support for this prediction on this forum though. When I called sub-$26 there were the same sneers and sniggering... meanwhile I laughed all the way to the bank. Even afterwards there were calls of BS. Not sure if it's ready for a run up or down ATM. But I can tell you if this chart was a stock I'd be running for the hills. I can also tell you, if silver busts the $19 support, I'll be shorting my tits off (or as my 9 year old calls it... my vabooble area, off )
