THIS CANT BE HAPPENING!!!

http://www.monex.com/liveprices!!!!!!

just look at the silver price! WHY!!!!?????????

 

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Who cares about the price today?

 

i do. i have 99 oz.

 

and look at gold!

 

Wow... you panic quite easily, lol. Now if it was a four or five dollar drop, that might be a cause for all caps. Actually, I think $17 to $18 might be somewhere in the near future, but don't ask me why.

 

...so buy 99 more if it's going down...

 

You 'chicken little' guys all go out and sell all your silver, ya hear? That'll drop the price even more. Then I'll start buyin'............

 

Because the huge spike was was entirely fear driven, now that the fear is lessened, Ag will return to a valuation that is more in line with cost of production. It will mostly likely drop below its "fair value" as people cry manipulation, but the the fact is markets almost always "over correct". That is just the way things work. Once that pendulum gets swingin', it is hard to stop and swings too far. You can expect Silver to fall further

 

i usually dont panic over a $0.5 drop but its under 20 dollars now. what i want to know is why the cheapest ASEs that i can find are still $30+

 

Hmmmmm............the guys I usually buy from are plumb out.

 

Couldn't have said it better myself Mike.

 

IMO silver eagle prices need time to catch up if it is only under 20 dollars for a week or even a month it will have no affect no come january and it is still under 20 dollars then it think it will fall!!

 

I'm okay with silver prices going down...because I just sold the silver I needed to sell two weeks ago. And I like cherry picking junk silver buckets at melt price...when it's low.

 

let it drop, buy low, sell high, not hard to figure that out

 

The market is due for a good 10-20% haircut anytime now IMO. Metals will for the short term be taken down with much needed correction. I could see 1150 gold and $17 silver by the end of the year.

 

Huh? under $25 here....and if you go to their home page and pick up a generic at $3 over, free shipping.

http://www.providentmetals.com/bull...iant-uncirculated-american-silver-eagles.html

 

What "huge spike". It's been in the 22 to 24 range for a while...and has been steadily declining.

 

I am referring to entire run up to near $50. That whole "spike" was not driven by fundementals so it could not be substained.

 

The American economy is based on lies, not fundamentals.

 

I'm not so concerned about silver but I'd love for gold to drop more so I can pick up more nice common date liberty and st gaudens 2.5 5 10 and $20 s more reasonable I'm not worried long term it will only go up if the govt keeps borrowing money and printing paper with insufficient backing