Silver in Freefall once again ...

Discussion in 'Silver' started by Yippe-Ki-Ya, May 11, 2011.

Page 2 of 5
  1. reflection

    reflection New Member

    Joined:
    Dec 6, 2010
    Messages:
    140
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    reflection, May 11, 2011
    #21
  2. dccpa

    dccpa Active Member

    Joined:
    Aug 29, 2010
    Messages:
    3,079
    Likes Received:
    8
    Trophy Points:
    38
    Location:
    USA
    Silver dropping today was an easy call for two reasons:

    1. We had hit the top of the rebound range. See Turd Ferguson's blog.

    2. Just like the sun rising in the morning, when the pm stocks go down at the end of a market day, the pm prices drop the next day. I mentioned to a friend of mine about 1 hour before the US stock market closed, that the pms were likely to drop the next day.
     
    dccpa, May 11, 2011
    #22
  3. NiGMa46

    NiGMa46 Member

    Joined:
    Feb 19, 2011
    Messages:
    56
    Likes Received:
    0
    Trophy Points:
    6
    Location:
    Brisbane
    I'm thinking this will just bounce back up right away. =)
     
    NiGMa46, May 11, 2011
    #23
  4. gbickle

    gbickle Member

    Joined:
    Nov 7, 2010
    Messages:
    220
    Likes Received:
    4
    Trophy Points:
    18
    Location:
    Australia
    All the Commodities are taking a dive ... Silver always falls the most percentage wise.....
     
    gbickle, May 11, 2011
    #24
  5. cdnmetalmetalhead

    cdnmetalmetalhead New Member

    Joined:
    Feb 18, 2011
    Messages:
    247
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Canada
    silver maple still $40cdn, grizzlies $43 cdn from my dealer.

    :(
     
    cdnmetalmetalhead, May 11, 2011
    #25
  6. Broggly

    Broggly New Member

    Joined:
    Apr 12, 2011
    Messages:
    21
    Likes Received:
    0
    Trophy Points:
    0
    I blame the strong US dollar.
     
    Broggly, May 11, 2011
    #26
  7. NiGMa46

    NiGMa46 Member

    Joined:
    Feb 19, 2011
    Messages:
    56
    Likes Received:
    0
    Trophy Points:
    6
    Location:
    Brisbane
    Ok, I was wrong. boo hoo..
     
    NiGMa46, May 11, 2011
    #27
  8. jnkmbx

    jnkmbx Well-Known Member

    Joined:
    Apr 8, 2011
    Messages:
    1,700
    Likes Received:
    54
    Trophy Points:
    48
    Location:
    Sydney, Australia
    AUD also dropping, again not suprising.

    I would be suprised though, if gold and silver dropped but the AUD rose. @_@
     
    jnkmbx, May 11, 2011
    #28
  9. BigBen

    BigBen New Member

    Joined:
    Apr 18, 2011
    Messages:
    142
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    So who wants to swap Silver oz coins for my bottles of bundy reserve :D
    ??
     
    BigBen, May 11, 2011
    #29
  10. BigBen

    BigBen New Member

    Joined:
    Apr 18, 2011
    Messages:
    142
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    Many uses for my bundy. Drinking, steralizing, fires, bottle to store liquids, premium stuff, absolutely beautiful and from Aus!!
    I will swap for two silver oz perth mint coins per bottle.
     
    BigBen, May 11, 2011
    #30
  11. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
    $28.79 FTW but lower is possible :)
     
    thatguy, May 11, 2011
    #31
  12. SilverSanchez

    SilverSanchez Active Member

    Joined:
    Jan 17, 2011
    Messages:
    2,653
    Likes Received:
    13
    Trophy Points:
    38
    Location:
    Melbourne
    I call $28.14 USD/oz
     
    SilverSanchez, May 11, 2011
    #32
  13. hiho

    hiho Active Member Silver Stacker

    Joined:
    Apr 4, 2011
    Messages:
    7,816
    Likes Received:
    21
    Trophy Points:
    38
    Location:
    South Brisbane
    DCB
     
    hiho, May 11, 2011
    #33
  14. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
    thatguy, May 11, 2011
    #34
  15. pixha

    pixha Member

    Joined:
    Apr 8, 2011
    Messages:
    371
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Brisbane
    Hey all thought I'd post a chart comparison that someone posted on kitcom forums -

     
    pixha, May 11, 2011
    #35
  16. zurnaik

    zurnaik Member

    Joined:
    Jun 11, 2010
    Messages:
    398
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Melbourne
    Pointless charts
     
    zurnaik, May 11, 2011
    #36
  17. pixha

    pixha Member

    Joined:
    Apr 8, 2011
    Messages:
    371
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Brisbane
    You don't see any correlations at all?
     
    pixha, May 11, 2011
    #37
  18. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
    is it because silver is priced in USD??
     
    thatguy, May 11, 2011
    #38
  19. Peter

    Peter Well-Known Member

    Joined:
    Jul 28, 2009
    Messages:
    2,635
    Likes Received:
    121
    Trophy Points:
    63
    Location:
    sydney
    Gold down 0%,Silver down 9.6%
     
    Peter, May 11, 2011
    #39
  20. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
    you pessimist! Gold UP 0%,Silver down 9.6% :p
     
    thatguy, May 11, 2011
    #40
Page 2 of 5

Share This Page