Silver - bounce or rally time?

Discussion in 'Silver' started by finicky, Jun 26, 2012.

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  1. ironwood

    ironwood Active Member Silver Stacker

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    As Spanner would say buy now cry later, or cry now and smile later. :lol:
     
    ironwood, Jul 3, 2012
    #61
  2. Ghost Story

    Ghost Story Active Member

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    :) if it goes back up to 32 then it will drop to 22 see if it works or not :) will have to get back to 32 in the next 4 weeks or so i think :D if it dosnt something else will unfold starting to like this silver game even more as i learn :) so may as well have some sort of plan than just buying yes?
     
    Ghost Story, Jul 3, 2012
    #62
  3. thatguy

    thatguy Active Member

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    Brave making a prediction around here. I can already hear someone sawing up the wood for a gallows :p

    FWIW +1 :)
     
    thatguy, Jul 3, 2012
    #63
  4. hiho

    hiho Active Member Silver Stacker

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    treat your silver like a good shiraz, handle with care, store in a safe location to age until its ready for consumption.
     
    hiho, Jul 3, 2012
    #64
  5. Ghost Story

    Ghost Story Active Member

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    i must add i am not giving financial advise these are just my thoughts for me and putting them out there so i can get tared and feathered [​IMG]
     
    Ghost Story, Jul 3, 2012
    #65
  6. sprite

    sprite New Member

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    I expect the NFP announcement on Friday (Saturday morning our time) will act as a catalyst for a movment in PMs. However the cartel always gets the figures well before the market so the chances are Friday's movement will be a false break and then on Saturday we will all wake up to an unpleasant surprise the other way.

    Just my 2c
     
    sprite, Jul 3, 2012
    #66
  7. Neways

    Neways New Member

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    With unpleasant I imagine you expect it to drop significantly?
     
    Neways, Jul 3, 2012
    #67
  8. silverbulldog

    silverbulldog New Member

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    he has no idea...i think its going UP but like That guy said you have got to have a contingency plan in PM investing.

    I bought last week, I bought yesterday, I will buy tomorrow, i will buy next week, I will most likely be buying in 2 weeks, 1 month, 3 months, and 6 months.

    i just keep buying and don't worry about spot so much like all these others. I won't be needing to liquidate anytime soon and hopefully ever..i want my kids to liquidate if they decide to..or keep them for the great grand kids and their kids. kids.

    Silverbulldog
     
    silverbulldog, Jul 3, 2012
    #68
  9. sprite

    sprite New Member

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    The NFP announcement was as expected. All logic pointed towards PMs going up on the news, but apart from the initial hike up to take out the long stops, the price retreated. COMEX wins again.

    Silver unable to close above short term downtrend line drawn from 29 Feb.

    Next week looks like more of the same.
     
    sprite, Jul 7, 2012
    #69
  10. Newtosilver

    Newtosilver Well-Known Member Silver Stacker

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    I am the same, buying for the long term. Not sure if it is the "right" thing to do or not but it's what I am doing :)
     
    Newtosilver, Jul 7, 2012
    #70
  11. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    The jun numbers are bad.
    If the Fed inject the steroid in a month or two, then this may not happen.
    in case this happens, I am sure I will load my mini kiddy cart with ugly silver bars.
     
    Lunardragon, Jul 7, 2012
    #71
  12. House

    House Well-Known Member Silver Stacker

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    House, Aug 25, 2012
    #72
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