Silver is Now 15.96 Dollas an Ounce

We certainly do live in a time of great uncertainty. It could get better or worse, it's just too early to tell.

 

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Here is what the experts will tell you when it comes to price.

GOLD

Support: 1181.20(main). Break of the latter would give 1168.34, where correction may happen. Then goes1156.72, where correction is also possible. If a strong impulse, we would see1147.26. Continuation would give 1136.22 and 1127.03.
Resistance: 1203.80, 1216.21, 1224.43 and 1229.23(main),where correction is possible. The break will lead to1237.60, where correction is also possible. Then follows1245.65. If a strong impulse we would have 1254.19. Continuation would bring 1258.24.

SILVER

Support: 16.09 and 15.86(main),where correction is possible. Break of the latter would give 15.63, where correction may happen. Then goes 15.32. If a strong impulse, we would see 15.14. Continuation would give 14.86.
Resistance: 16.65 and 16.84(main), where correction is possible. Break will lead to 17.13, where again may be a correction. Then follows 17.40. If a strong impulse, we would have 17.66. Continuation would bring 17.88.

 

If I were "an expert" any advice I tell people would likely be biased ;3

Then again, we also live in a country with an institution that has congressional oversight whose raison d'etre is hiding problems with the economy. When the er... "stuff" hits the fan, people go running. When is this kind of thing NOT driven by emotion, fear and greed?

Ever since the Dutch Tulip Crisis, I'm sure earlier. We've just gotten better at mitigating it.

 

Eminem are you a troll or the real slim? Please stand up, because the real shady would have a financial advisor. His net worth and jayz+beyonce would buy one tenth of the whole years mined supply. It takes only 16billion which is nothing nowadays.

 

I hope not.

I want silver to go down, at least for now >.>

 

Here's an interesting take on that:

"The severity of a depression is inversly correlated with government's effort to stop it." Bill Bonner

But I'm sure Banana Republic Ben would disagree.

 

While thats true of the traditional panel containing cells, which are typically wastes of money, it isn't with the panels used in solar power plants, where photovoltaic panels are used. Each contains just over 3/4 of an oz of silver. We have two local plants, each with over 10,000 panels each. And they're currently building two more even larger. While it represents a very small fraction of available silver mined, with more and more plants opening, it may eventually influence demand in the consumer markets.

 

Oh thank you so much for the advice playa, we were waiting for your lead.

 

My extended family is from the south, and they use R's all the time. For example:
"It costs 100 dollars"
"Get in the car"
"Now's a good time to buy silver"
they even put R's where they don't belong:
"Warsh your hands",
"Those [CENSORED] voted for Barack Obamer",
"Eat your potaters"
In fact, the only people i know who dont pronounce their R's are from New England.

 

Or China , I like flyed lice .

 

In fact, the only people i know who dont pronounce their R's are from New England. (Cited from: https://www.cointalk.com/threads/silver-is-now-15-96-dollas-an-ounce.254799/page-4)

Most all Asians don't pronounce the "r".

 

There's not very many Asians in my area, I wouldn't know.

 

My wife is Thai so I hear it often....lol.

 

i just looked it up, as of 2012 my city has a grand total of 441 Asian people, who make up 1.5% of the population
http://www.city-data.com/city/Raytown-Missouri.html

 

Shoot.......youngest daughter is going out with a Korean. Stand up and intelligent fellow. I like him........

[edit to add] Don't tell him that though......

 

Might pick up some new 2015 world bullion at 15, but 10 would be bettah.

 

Best deal I saw was some Canadian dimes at spot plus tax. I didn't get them, but there are some pretty good deals out there now.