YAY $17 yay :D

[Gatito Bandito]

Silver is $20.5/ oz where I and you Live, stop perpetuating the myth that the world revolves around the USA

This is a global forum, with participants from all around the world.

 

[wwolfe]

Looks like it will close over $17 but I bet it drops ~2% tomorrow. Seems to be the trend after a big swing upwards.

 

[phrenzy]

Silver is $20.5/ oz where I and you Live, stop perpetuating the myth that the world revolves around the USA

it will be < --------sideways -----> for a while more yet

Silver up $1 in a single session and its still going sideways, good to know some things never change even when they are obviously changing quite fast.

 

[Court Jester]

Silver is $20.5/ oz where I and you Live, stop perpetuating the myth that the world revolves around the USA

it will be < --------sideways -----> for a while more yet

Silver up $1 in a single session and its still going sideways, good to know some things never change even when they are obviously changing quite fast.

sure plants move with the sun as well but if you only look at it every second constantly watching it, you cant tell.

 

[Court Jester]

Silver is $20.5/ oz where I and you Live, stop perpetuating the myth that the world revolves around the USA

This is a global forum, with participants from all around the world.

yes I dont know why the rifraff was let in.

 

[The Crow]

^^^
It's not like we don't have enough riff raff of our own already ....

 

[dccpa]

Silver is $20.5/ oz where I and you Live, stop perpetuating the myth that the world revolves around the USA

This is a global forum, with participants from all around the world.

yes I dont know why the rifraff was let in.

Same thing we asked GP when you signed up.

 

[Skyrocket]

It could jump back down by end of this week too.

 

[TreasureHunter]

Hmm... What if this is just a "bump"?

Gold is supposed to correct a full 50 %, reach sub-1000 $ gold.

Why would silver start climbing while gold goes down?

I think 10-12 $ silver is highly likely.

 

[Orbit]

Hmm... What if this is just a "bump"?

Gold is supposed to correct a full 50 %, reach sub-1000 $ gold.

Why would silver start climbing while gold goes down?

I think 10-12 $ silver is highly likely.

I think the same. But when is the question.

 

[trew]

I think 10-12 $ silver is highly likely.

Based on what ?

 

[phrenzy]

I've read a couple of articles where somewhat credible people are calling a bottom. Even the big investment banks like HSBC are calling $1200usd average gold for 2015. I Think if the world economy was the NASDAQ then you might see 1k gold but the world's a bigger place with bigger problems.


Plus we're apparently breaking some important technical levels which might bring sentiment back for the broader investment community. Definitely going to be a few investors looking at gold today who haven't given it much thought as an investment for a year or more. Nothings set in stone but I think things are looking hopeful.

 

[monopolize]

Hmm... What if this is just a "bump"?

Gold is supposed to correct a full 50 %, reach sub-1000 $ gold.

Why would silver start climbing while gold goes down?

I think 10-12 $ silver is highly likely.

Why does gold HAVE to correct a FULL 50%?

 

[No1joey]

Yeah just like gold was supposed to hit $1050 by years end how many people said that.

 

[phrenzy]

I've read a couple of articles where somewhat credible people are calling a bottom. Even the big investment banks like HSBC are calling $1200usd average gold for 2015. I Think if the world economy was the NASDAQ then you might see 1k gold but the world's a bigger place with bigger problems.


Plus we're apparently breaking some important technical levels which might bring sentiment back for the broader investment community. Definitely going to be a few investors looking at gold today who haven't given it much thought as an investment for a year or more. Nothings set in stone but I think things are looking hopeful.

*makes bullish claim* silver down 15cents in like 20 min.

 

[alor]

last time it moved from 17 to all the way 48, now we should see a 1.50 a day move. then 2.00 move then 2.50 a day move :lol:

stacking the same way up and up and up again, being repeated.

to be proven

 

[TreasureHunter]

Hmm... What if this is just a "bump"?

Gold is supposed to correct a full 50 %, reach sub-1000 $ gold.

Why would silver start climbing while gold goes down?

I think 10-12 $ silver is highly likely.

I think the same. But when is the question.

I have a feeling... prolly next year? Spring and early summer could bring silver prices down below 14 $.

 

[TreasureHunter]

I think 10-12 $ silver is highly likely.

Based on what ?

Based on previous levels, just look back.

 

[TreasureHunter]

Hmm... What if this is just a "bump"?

Gold is supposed to correct a full 50 %, reach sub-1000 $ gold.

Why would silver start climbing while gold goes down?

I think 10-12 $ silver is highly likely.

Why does gold HAVE to correct a FULL 50%?

Because Jim said so (Jim Rogers in an interview).

[youtube]http://www.youtube.com/watch?v=kuUeir8baMc[/youtube]

 

[TreasureHunter]

Yeah just like gold was supposed to hit $1050 by years end how many people said that.

No-one really knows, but the 800-900 $ interval could be a good bottom, considering it's a bit above production costs.

Sub-1000 $ gold is highly likely.

Investor sentiment is rather weak, weaker than during the previous little spikes. And every time there is a little bump, we tend to think "this is it, it's going to the Moon!".

I think: a little bump in silver's and gold's price was expected. It has to breather, oscillate. It's alive!
So, I think it's highly possible that THIS IS NOT IT - it's not going to the Moon yet. In fact, it might as well go sub-16 $ or oscillate before the year's end.

I'd be especially curious about what happens in the December 23-31 period. that's roughly 9 days. I expect weaker activity in that period. January could be bullish again.