Tuesday, silver AUD25.

I reckon that if there is no Friday smackdown by US close of play, then silver will hit $25 sometime Tuesday our time.

 

which Tuesday Sammy, you got it correct last time but if I remember correctly 1 week out.

 

Your last prediction was quite close !

 

This Tuesday. 4 days time.

I think we're at the end of sub $24 silver. In a perverse turnaround, the USA & China economies are picking up because of higher debt ceiling, QE, and low interest. Silver industrial strength on top of the smart money sticking to PMs will drive silver to over $30 by Christmas with the GSR dropping to sub 50.

I've overextended myself at sub $24 but will keep buying up to $30 then sell half my stack at Easter at $36 and buy up on the next dip if there is one.

The Easter smackdown and the February fiscal cliff may be counter influences with maybe no dip but a pause followed by more climbing? Too far ahead to be sure, to be sure, with maybe all the fundamentals kicking in and silver going over $40? May only need to sell a third of the stack.

 

How many ounces is needed to make profit?

 

Doesn't matter, profit is the percentage difference between buying and selling. The only other factor is expenses but I always buy F2F so no shipping or insurance.

It depends on how much you value your time as well.

 

Yeah ill kill it on melb cup next tuesday...which the tuesday after your next tuesday...

 

1 Ounce is all that is needed to profit, but you make a bigger profit with hundreds.of ounces most ppl here aim for 1000 oz..

 

Well I will say that the 3 day effect on the u.s. dollar and gold from the jobs report the other day ends tonight, so no more bad news from the u.s. for a few weeks...... so we aren't going anywhere unless some news comes from somewhere else in the world which drives the dollar up again which will silver back down again by the end of next week.

Just my feeling of course.....it's a bit like forecasting the weather really.

 

Interesting viewpoint, thanks for sharing!

 

AUD$24.2

calling it.

 

bahahahahahahhahahahahahahahhaahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha

 

pffft he also said $30 silver by the end of the year

<> not going to happen <>

 

I am putting this in my signature as it is not going to happen

 

Village Idiot, your new signature is the only sensible thing you have ever done.

 

I've put that in my signature. Just in case it does happen.

 

Court Jester is probably the most all-in out of all of us. Thats why he cares so much!

 

I was thinking just the same thing.. why you care so much??? Do you hold anything cj?? If so, why?? If silver is sideways for a few more years??

 

Ahh. CJ has spoken.

Means sammysilver has a good chance of getting it right.

 

Maybe he thinks by talking it down somehow the market will do the opposite. Reverse psychology on a grand scale!