Next step silver - over $20.00

CURRENTLY:

GOLD: $1,253.90
Silver: $19.09

Platinum: $1587
Palladium: $486​

 

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CURRENTLY:

GOLD: $1,262.30 High $1,263.40
Silver: $19.22 High $19.26

Platinum: $1586
Palladium: $481​

 

CURRENTLY:

GOLD: $1,263.00 -- High $1,263.90
Silver: $19.27 -- High $19.27

Platinum: $1588
Palladium: $481​

 

Wild drop

CURRENTLY:

GOLD: $1,249.50 -- High $1,263.90
Silver: $19.08 -- High $19.27

Platinum: $1572 -- High 1592
Palladium: $476 -- High 487​

 

CURRENTLY:

GOLD: $1,239.70 -- High $1,263.90
Silver: $18.86 -- High $19.27

Platinum: $1573 -- High 1592
Palladium: $477 -- High 487​

 

CURRENTLY:

GOLD: $1,238.80 -- High $1,263.90
Silver: $18.78 -- High $19.27

Platinum: $1573 -- High 1592
Palladium: $476 -- High 487​

 

I was going to comment about silver in that if it could hold at $19, it would provide good assurance silver is doing well. Now it's dipped under $19 and very fast.

So I am slightly disappointed, if it can hold above $18.50 then that wouldn't be too bad....

But I was really looking forward to $19.50 silver this week....

 

don't hold your breath, elaine has been waiting for $20 silver since September 2009! :rolling: <-- notice the blueness in the face from prolonged breath-holding.

 

Yeah I am also looking forward to silver closing above $19.50 this week and it could still do it. It is still early in the week.

 

CURRENTLY:

GOLD: $1,240.40 -- High $1,263.90
Silver: $18.80 -- High $19.27

Platinum: $1569 -- High $1,592
Palladium: $471 -- High $487​

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drop...drop!...DROP!..KEEP GOING!!!I WANT IN FOR ALOT OF SILVER!

 

you guys are wanting something that is kinda bad...who wants to buy silver for more money?

wait til you got a ton sitting around then cheer for it to go up..I litterally mean a ton...2,000lbs


I liked the days of $12.42-$12.52 or so maybe if we all get together and everyone else but me sells their silver we'll have those days again so I can buy it up..lol...or maybe we can start a rumor that the government is paying off it's debts and keeping spending in check along with a rumor about finding the motherload of silver...

 

I would love for silver to b e $12-14 bucks! That's when I better own ZERO silver.

Then I'd be able to pick up almost twice as much as what I have now.

But I'd think it would take MSM to come up with a cover story in order to bring fears to silver owners for them to sell.....

Funny how fear can be used BOTH ways.....

 

.....or maybe we all can get together and convince JPMorgan and its crew to step up their efforts to smack down silver some more to that $12 range. :goofer:

 

what's their phone number and who do I ask for? JP or Morgan?

 

He's one and the same that John Pierpont Morgan, but he's already in the dirt. But, you can start by calling 212-270-600.

 

I am not sure what their phone number is but since they are cozy with the financial regulators, then you might be able to get JP's phone number from the financial regulators. I would probably ask for JP. JP sounds casual enough. :goofer:

When get JP on the phone, then just ask to step up the the naked short selling of silver. :goofer:

 

It seems to me that gold and silver have been dithering around the same relative price range for quite a while now. Those who already have lots of both are hoping for a rapid price increase while those who wish to purchase more of each, are hoping that they both drop in price.

Up $10 one day and down $10 the next day just seems to be making people nervous. I think people (I should investors) are looking for the next economic event that will either drive the price of precious metals up or down but what that economic event might be seems more unclear. Any idea what an investor should be looking for in the way of economic indicators that would have the greatest impact on the precious metals market? I'm listening. :bow:

 

No idea of what events to expect as an indicator. Just keep buying at the current level. For me, it's a still a good value per ounce under $25.

 

it might be like saying the word voldermort around here to say this cause it could easily be considered politics but I think a good indicator is how the government is spending money like a wife on a spending spree and expecting the "husband" aka taxpayers to pay it back.
Also using the good old printing presses to devalue the dollar whether that is intentional or not is up in the air. course that's not really adding any "value" to silver/gold but it is increasing the number of dollars one is going to need to get the same ounce you could have gotten back in 2000.

Not saying this is the only indicator but it certainly is a factor in how pm's have gone in the past decade.

basically at it's core I am saying fear of the future is a driving force. course I'm hoping that the government is doing what it is doing to nix the debt and then cause deflation to bring back the dollar to some of it's past glory.

a guy can dream about that at least.

p.s. anyone know if that basket of currencies for oil is still on the table?
I could see that causing alot of problems if it were to happen...