What's going on with silver?

Discussion in 'Silver' started by TreasureHunter, Aug 15, 2013.

  1. bland

    bland New Member

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    Just ended a 25 year relationship so I bought a couple of 1kg ainslie bars to celebrate the silver anniversary, on the 8th and 9th august for 757 and 758 respectively and now the price is 857. This is my first foray into the whacky world of silver bullion.

    It was pretty cool picking the silver up, I felt like Maxwell Smart going through all the security.
     
  2. mmissinglink

    mmissinglink Active Member

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    Sorry to hear of the death of the relationship but glad that you picked up some silver! I picked up a beautiful 1 kilo Koala for under $704.00 (free shipping) last week on eBay. That was a very sweet buy if I don't say so myself.



    .
     
  3. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    :O Very sweet buy. Congrats.
     
  4. anighttrader

    anighttrader Member

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    Why do you guys listen to Jim Rogers? He is just a grumpy old man who was right once. A broken clock on the wall is right twice a day.
     
  5. Aureus

    Aureus Active Member Silver Stacker

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    Well, he's got $300mil in the bank, you don't get that by being wrong a lot. Having said that I don't really listen to what he has to say...
     
  6. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    What does the green arrow mean next to silver? I generally only see a red arrow and a frowny face or skull and cross bones
     
  7. volrathy

    volrathy Active Member

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    [youtube]http://www.youtube.com/watch?v=J-GkwIRbLw8[/youtube]


    Every word true for silver :)
     
  8. silverrain

    silverrain New Member

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    I cant believe how its spiked this week. I have been watching the graphs at silverprice.org and I was getting ready to buy more silver :(

    Good news for those wanting to offload some right now, bad for us who want to buy :(
    I wonder how it will close tonight?
     
  9. worldbubble

    worldbubble Active Member

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    but you get this by telling people one thing while doing another ))
     
  10. bland

    bland New Member

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    Oh don't be sorry, it was an amazing journey and I learned stuff that I'm sure no one knows yet. All will be revealed on my website soonishly.

    How did you manage that on ebay! I'm astounded.
     
  11. stackedit

    stackedit New Member

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    Did Perth mint have some inside info when they announced there discounted 1oz coins earlier. Hmmm.
    Might just hang on to my cash for a few days n see where this one goes
     
  12. Aureus

    Aureus Active Member Silver Stacker

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    I know what you're saying but is he really big enough for that statement to be true?
     
  13. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    I see a red arrow atm

    down she goes

    trending sideways for many years to come
     
  14. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    what horsesh1t! :lol:
     
  15. Load of Bullion

    Load of Bullion Well-Known Member

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    Dead cat bounce.
     
  16. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    If it come down again is good. Anyway too late :p
    Doubt it will come down again. Lunar release is around the corner.
    IMHO $26-$30 spot. Just like last time. Horse year is popular too. One of the stronger sign.
    Up down doesn't matter now. Next stop October- November this year. ;)
     
  17. Gigrantor

    Gigrantor Member

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    The American market opens in a few hours it will be interesting to see if it goes up or down and what the price will be at the close of business for the weekend...
     
  18. Pirocco

    Pirocco Well-Known Member

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    A green arrow means to suspend stacking.
     
  19. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    we will see this slight bump is hardly a sign of a greater upward trend
     
  20. Pirocco

    Pirocco Well-Known Member

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    $19.5 to $23 is +18%
    Maybe we got too used to the easy price dollars of recent years?
    At a lower price, a price dollar becomes a higher %.
    $46 to $49.5 was also $3.5 price dollars. But it was only +7,6%, less than halve of the current +18%.
    +18% is not a slight bump. Heh, at current interest rates, it's over a decade bank deposits mathematical 'yield' for those that bought back in at $19.5. The real question is, what % profit will they wait for, in order to sell out again? The days that people could be lured into paying $50 $40 $30 may be over as long as General Inflation doesn't knock the door more.
    It's always talk about higher prices, but if everybody waits for others to pay them, then nobody will pay them, haha.
     

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