Silver update! Big News!

Lol. Didn't expect that, did give a good chuckle. a hearty chuckle, not a sarcastic one.

I'm guessing this is out of frustration at the lower prices and losses though? I actually do think we could see $12, maybe $10 if they are determined enough and the perfect storm comes.
 
Noxx said:
Lol. Didn't expect that, did give a good chuckle. a hearty chuckle, not a sarcastic one.

I'm guessing this is out of frustration at the lower prices and losses though? I actually do think we could see $12, maybe $10 if they are determined enough and the perfect storm comes.
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Yeah...was hoping it'd get a laugh or two. Yes...recent tanking of 15% in a few weeks, along with the fact that if it drops to $10 or $12usd, it'd still be a 150% increase from 13 years ago...which is a great return.
 
Dont be fooled!

There are so many uSA stackers heavily invested at well above todays price that they will panic much more than those who see the opportunity to buy when they all sell.

This is a manipulation to cause fear in those common people who have only recently lost confidence for their own Dollar to now loose confidence in silver.

Swings and meri-go-rounds for those in it for the long haul!

Most of my silver was bought within the past 2 years at sub todays spot so I can afford to wait for a lower spot before buying . :)
 
nobody has lost confidence in the dollar...which has STRONG gains against both the Australian dollar, and the British pound, Euro...all 10 year highs.

Quite the opposite. It's not about how well the U.S is doing, it's about how well it's doing compared to the rest.

I do see it dropping another 30% before it goes up 30%.

I think we see $12 before we see $23
 
No biggie as we have been here before.
In fact this is the norm.
The dollar is not going to collapse in our time and even if it did it would not be some cataclysmic event but a transition only the switched on would notice.
Still love silver and my beautiful gold:)
 
hamannmj said:
nobody has lost confidence in the dollar...which has STRONG gains against both the Australian dollar, and the British pound, Euro...all 10 year highs.

Quite the opposite. It's not about how well the U.S is doing, it's about how well it's doing compared to the rest.

I do see it dropping another 30% before it goes up 30%.

I think we see $12 before we see $23
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You are kidding right? The Fed is just printing greenbacks or creating money out of thin air by the Trillions that it doesnt have and now you are in debt many many Trillions you cannot ever pay back.

The Dollar is only looking strong because it has a forced linked to world oil sales, everyone is in recession so their currencies look weaker than the dollar because they dont keep printing what they dont have but have to keep buying and selling in Dollars.
 
I don't even think about my Stack of either metals. If Ag drops to 10, I might restart the stack, but currently complete. Would like to complete the gold stack though.
 
Agree! Current 'value' means nothing to me.

At $10 an ounce I would jump in feet first!

OC
 
Gullintanni said:
No biggie as we have been here before.
In fact this is the norm.
The dollar is not going to collapse in our time and even if it did it would not be some cataclysmic event but a transition only the switched on would notice.
Still love silver and my beautiful gold:)
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You seem to be sure about the US$. :rolleyes: Our time? Are you 95 years of age? :)

Regards Errol 43
 
Buying silver at $13 for a limited time only. Get in quick before the price goes lower.
How much you got to sell? Reckon it's a good opportunity to but a couple of hundred ounce bars.
 
I say this is about the bottom before the climb back up. And I doubt we will ever see $13, 14, 15, 16 again.
 
Half of me wants to see silver spot going much higher and half of me wants it to go much lower! lol

Never much to buy on here even when there is a tiny dip and the trade section is pages long after a tiny spike which says the flippers are trading in peanuts!

Home business silver dealer,ebay seller, Swap meet/ car boot sale seller. :)
 
fishtaco said:
Half of me wants to see silver spot going much higher and half of me wants it to go much lower! lol

Never much to buy on here even when there is a tiny dip and the trade section is pages long after a tiny spike which says the flippers are trading in peanuts!

Home business silver dealer,ebay seller, Swap meet/ car boot sale seller. :)
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Silver Dealer :)
 
Silver_Dealar said:
fishtaco said:
Half of me wants to see silver spot going much higher and half of me wants it to go much lower! lol

Never much to buy on here even when there is a tiny dip and the trade section is pages long after a tiny spike which says the flippers are trading in peanuts!

Home business silver dealer,ebay seller, Swap meet/ car boot sale seller. :)
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Silver Dealer :)
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Who also does Sunday car boot sales is an ebay seller and sells on gumtree (Craig,s list)?? I have seen them often pilfering crap from skip bins and verge collections lol the peanut home business brigade! lol
 
SilverCutter said:
see this graph from 2008-2009 the price dropped like 50%... then went too 600%

it has BEGUNNNN!!!!!

http://silverprice.org/charts/history/silver_all_data_k_usd.png
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Except we're on the tail end of the huge price spike from a few years ago, not before it. It's more like we're on the second smaller spike after the 1980's spike. where it dropped off a cliff again, then spiked one more time and again dropped lower to it's lowest point. Which took years to happen. I think we are still in mid drop right now making it's decent from the massive high a few years ago. The ball has been rolling downhill, sometimes it hits a bump and spikes up for a bit, but then continues on it's way back down the hill. Nothing goes straight down. Even a dead company can take years for it's stock to die, and still have spikes up. They know how to play the market and milk it the best they can. Until I see or hear otherwise there is no reason to believe it's bottom yet. But I still buy on big dips, because when the big players decide it's bottom, then it's bottom. And it usually happens right before you think it would, they snatch up the bottom fast and change course. So each time I buy more than I did on the last drop, and will back up the truck as it approaches the last big bottom if we get there or below. If we don't get that low, well I'm still good, at least I have something in the game.
 
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