11/04/11 - ( Where ) to now for the Silver SPOT + FREE COMP :) ?!!?

THUCYDIDES79

New Member
Silver Stacker
Hello Guys,

Below we have 3 charts ( from Kitco.com ) showing silver in last 10, 5 & 1 Years,
as well as the 14 & 200 day moving averages ( 200/14 = 14.28 )

531_10ma.gif


531_5ma.gif


531_1ma.gif


What do you think where will the SPOT go?

Will it slowly advance further ( if yes for how long ) and than correct down?
Will it go down?

Im discussing the SPOT at the end of next weeks trading close?

Will it be higher or lower than current SPOT ?

Well , il make it into a competition while im at it :D we havent had one in a while

Up for grabs im offering 5 x post sixpence various years ( 0.0453 oz x 5 = 0.2265 oz asw - not much but Hey its Free ;) )

Foto below

[imgz=http://forums.silverstackers.com/uploads/531_sixpnce.jpg]
531_sixpnce.jpg
[/imgz]
source
http://www.sterlingcurrency.com.au/items/1953-sixpence-choice-unc-ms-63


*** Conditions ***

* SPOT IN USD SOURCED FROM SILVERSTACKER.COM WEBSITE
* AT CLOSE OF TRADING THIS WEEK SO THE NITE OF FRIDAY THE 15/04/11
* INTERNATIONAL MEMBERS ARE WELCOME & ENCOURAGED TO GIVE THEIR ENTRIES
* WINNING COINS WILL BE SENT VIA REGULAR POST
* ALL MEMBERS CAN POST - SUBMISSIONS ONLY ALLOWED BY MONDAY NITE 00:00 TIME ( SS time )- or tue (00:01 am SS time )
* I CAN PARTICIPATE ALSO
* BID IN THE FORM OF $XX.XX
* EACH BIDDER TO CHECK PREVIOUSLY SUBMITTED PRICES - DOUBLE PRICE THE 2ND BIDDER TO SELFCORRECT AS IT WONT COUNT

*************************************
To give everyone else a head-start :) , i will submit my bid below when the time value of the option is highest and thus hardest to predict.

$ 42.53
 
Wow, the bids are dropping !!!

Well, from the charts silver is kinda 'due' for you know what ;)

but

monday is 11/04/11 - i dont know if Armstrong has mentioned this as some 'date' to watch, but
it kinda looks semi-special to me ( compare with Japan Earthquake - struck on 11/03/11 !! )
i know i know coincidental, but i wouldnt bet against 11s this year if i were you.
;)

Wasnt there some talk about US goverment shutting down ?!!
How embarrasing ! even the Libyan hasnt shut down yet ???

im still bullish !!!
Lets see anyway
:)
 
THUCYDIDES79 said:
Wow, the bids are dropping !!!
But I am hardly a reliable source. I buy, and the price goes down, like clockwork... actually, that means I am a reliable source...
 
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