Bounce off 24 and up through $50

R

Rinchin

New Member
I have noticed there seems to be a bit of an influx on new members here.

Figured I'd put myself out there make a bold prediction in the hope this is right so I can appear as the messiah to the next generation of stackers signing up.

So my call for $24 as a bottom is based on the couple of posts lately about the cost to mine silver and the potential increase in premium as spot drops. Personally more believing in $24 spot but will still claim I was right if spot drops to $4 and the premium climbs to $20.

From the low of $24 boldly calling a double to $48 within 3 months of this bottom.
 
*disclaimer

I know I have just echoed the figures quoted in a couple of posts lately. I know silver can get to 48, look like its going to the moon and still not break 50.

But frankly I don't care, if its even close I shall act like the new messiah... perhaps I could start a subscription service? haha jokes have fun people its been a good week or so since we had a thread about short term future price predictions. Post your own, ridicule mine, just entertain me I'm so bored of waiting for silver to finish bouncing between 26 and 28

edit: gramma
 
Rinchin said:
....boldly calling a double to $48 within 3 months of this bottom.
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That really is a bold call.... Predicting timeframes usually ends up in tears. :)
 
Wait till 'the Bernank' speaks at midnight tonight..... Unfortuneately the game is rigged and the final truth is taking many many years to come thru that's why it's manipulated....... Stay looong!
 
Rinchin said:
I have noticed there seems to be a bit of an influx on new members here.

Figured I'd put myself out there make a bold prediction in the hope this is right so I can appear as the messiah to the next generation of stackers signing up.

So my call for $24 as a bottom is based on the couple of posts lately about the cost to mine silver and the potential increase in premium as spot drops. Personally more believing in $24 spot but will still claim I was right if spot drops to $4 and the premium climbs to $20.

From the low of $24 boldly calling a double to $48 within 3 months of this bottom.
Click to expand...
No real support @ $24.. if it breaks $26 it'll be $20.50-17.50ish before it stops. I'm long at the moment with stops in @$25.95 and plan to short $25.95 with stops in @26.55. Long is speculation, short is hedge for phys :D

I appreciate you call and will not tar and feather you if wrong... much :)
 
hiho said:
is that NZ$
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Depends on the outcome, consider this ambiguity intentional as to better cover the options, but I was thinking AUS$ since that's what the graph on this page shows me. Actually how many of us kiwis do you think it would take to get GP to ad a NZ$ chart option? probably more than the 4 or 5 we have now?
 
Rinchin said:
hiho said:
is that NZ$
Click to expand...

Depends on the outcome, consider this ambiguity intentional as to better cover the options, but I was thinking AUS$ since that's what the graph on this page shows me. Actually how many of us kiwis do you think it would take to get GP to ad a NZ$ chart option? probably more than the 4 or 5 we have now?
Click to expand...
You can mod your profile http://forums.silverstackers.com/profile.php to show different metals/currencies
 
thatguy said:
No real support @ $24.. (<<< +1 to this) if it breaks $26 it'll be $20.50-17.50ish $21-18ish before it stops. I'm long at the moment with stops in @$25.95 $25.85 and plan to short $25.95 $25.85 with stops in @26.55. Long is speculation, short is hedge for phys :D
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^^^ This, with tweaks for my own numbers... :)
Spookily similar..
 
thatguy said:
I'm long at the moment with stops in @$25.95 and plan to short $25.95 with stops in @26.55. )
Click to expand...

You are going to get harvested in both directions. btw Ben is having two announcements this week.
 
longtime silver believer said:
hiho said:
is that NZ$
Click to expand...
LETS NOT FORGET FELLOW SILVER STACKERS{FLIPPERS,TRADERS,LONG TIME BELIEVERS OR WHAT THE HELL LET"S Gamble on silver people}.If china tanks, aussie dollar tanks and hey presto<instant silver rise!!!!!!!!!!
Click to expand...

Please stop SHOUTING. Caps Lock. :)
 
fiatphoney said:
thatguy said:
I'm long at the moment with stops in @$25.95 and plan to short $25.95 with stops in @26.55. )
Click to expand...

You are going to get harvested in both directions. btw Ben is having two announcements this week.
Click to expand...
Could be right, having looked at this
The 'WTF SkyNet' Chart Du Jour
http://www.zerohedge.com/news/wtf-skynet-chart-du-jour
20120719_ibm_0.png

We are sure someone smarter than us can come up with a story and narrative to explain what is going on here. We just sit back and enjoy the beauty of a sentient SkyNet picking off every single stop trade possible.
Click to expand...
Stop hunting algos with all the inside data to aid in the hunt. Humans not needed
 
Holy cr@p we are being loBOTomized.

Maybe instead of buying PMs I should invest in Software engineering firms who make HFT software.

Amazing - how should a "genuine free market" respond to this legalized scalping I wonder?

Tnx for posting, this stuff is sooo over my head, that's why I go and stare at a lump of gold from time to time, it gives me comfort :)
 
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