Good news!!! Massive attack on Ag/Au...

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Final call for the Silver train (might be, hope not)... Now's the best time best excuse if you have always thought price were a tad too high...
 
cdnmetalmetalhead said:
that's always the problem isn't it? ;)

Just have to think, when silver was 41, wouldnt' you have killed to buy at 37?

Not "killed" but more like "liked". I'll pick up a few pieces today, I have go in the direction of the coin place today anyway, might as well give them some business ;)
 
Gold up $13 in Aussie dollars...that's all that matters...I love silver but sometimes the true master will awaken from from it's deep slumber to reinforce during volatile times why this yellow messiah is a must in any stacker's collection...
 
Sargeant Argent said:
I ordered a 10 oz from silver goldbull was about 420 shipped to my door split the order with a friend to keep costs down.


Nice. Planning on doing a sgb order tonight or maybe tomorrow.

can't decide between a kilo kook or a bunch of pandas and eagles :(
 
Gold is simply reacting to the dxy rise it has not moved.

Silver will get crushed because its industrial.
 
Wish I' ordered now instead of earlier though I could see a bump up tomorrow before the weekend close. Heavy Metal I'd go for a 1 kilo kook. That's what I wanted to order but not enough money on hand so I grabbed a 10 oz. NTR bar and a 1 oz. Buffalo cuz I don't have one yet.
I'm trying to focus on silver for next while as I have been buying mostly gold the past 3 months.
 
Nukz said:
Silver will get crushed because its industrial.

I disagree with you on this. Silver is manipulated by computers, yes there is an industrial component in the price, but true value of silver is intangible whilst paper money exists with no true backing.
 
hiho said:
Nukz said:
Silver will get crushed because its industrial.

I disagree with you on this. Silver is manipulated by computers, yes there is an industrial component in the price, but true value of silver is intangible whilst paper money exists with no true backing.
Yes and even then only 6% of money is in cash form ,the rest hasnt been printed yet so its not even money.
 
A very heavy hammering of the PM markets is actually generally a forward indicator the market manipulators are expecting bad news to reach the media/streets in the near term.

Same thing post GFC, Silver was hammered down to keep those not in the know from rushing to it.

If the market manipulators can see ahead of time something very bearish in the markets coming up, it's common for them to hit the paper metals market and drive the price down heavily ahead of time so when the news is released, the spike doesn't go anywhere near as high.

Great for physical buyers who are not easily frightened though, I haven't seen a 24 hour drop like this for some time.

Methinks there could be some very worrying news coming out of the Eurozone over the next few days as this false crashing of the market is pretty strong, even by wall st standards.

If you're a long term physical stacker, this is nothing more than a nice buying opportunity. It's just a shame the Aud is falling back against the USD to (somewhat) dillute our buying power.

Still, a $5 USD fall in 24 hours is damn nice if you have the means to buy.
 
Son of a conch!!! :D

I was taking care of a few things so was offline for weeks.
Actually, I still have things to take care off (toooo many @_@), but I had to post after seeing this dip.

Before I get too excited though, the loss of parity means the dip isn't as cool. >_>

*kills boner*

Oh well, I'll probably regret holding back, so best to order a kilo now :/
 
Prediction: "Correction" in price sees massive long contracts by the Asian Banks and every Investors. Demanding Silver/Gold Delivery at September and October End...

Coming headline news:
"Comex War hots up as long investors are forced to accept wheel barrows full of furnace fuel instead of physical"
"All that glitters is not gold, investors buried in toilet paper by Comex"
 
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