Next step silver - over $20.00

CURRENTLY: In EU/UK markets...

GOLD: $1,234.80
Silver: $18.33

Platinum: $1544
Palladium: $457

US market opening in about 45 minutes...
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CURRENTLY: In US markets...

GOLD: $1,233.70
Silver: $18.32

Platinum: $1541
Palladium: $457​

 

CURRENTLY:

GOLD: $1,226.30
Silver: $18.19

Platinum: $1546
Palladium: $458​

 

CURRENTLY:

GOLD: $1,229.10 -- High $1,237.50
Silver: $18.17 -- High $18.40

Platinum: $1536
Palladium: $455​

 

CURRENTLY: in UK/EU markets...

GOLD: $1,224.10
Silver: $18.05

Platinum: $1540
Palladium: $457​

US Markets open in about one hour...
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CURRENTLY: in the US market after opening...

GOLD: $1,227.40
Silver: $18.09

Platinum: $1535
Palladium: $457​

 

CURRENTLY:

GOLD: $1,219.50
Silver: $18.30

Platinum: $1538
Palladium: $455​

 

CURRENTLY: In the US market...

GOLD: $1,228.30
Silver: $18.44

Platinum: $1545
Palladium: $454​

 

silver high - $18.70/oz.

 

wow $18.70!!!? WOW!

 

Looking real good! But let's see if it can hang on...

Obama will be having words this evening. Oil commodities will surely respond. Wonder what the other US markets will be like tomorrow? Should be interesting to see the response the rest of this week.

 

CURRENTLY: In UK & EU markets...

GOLD: $1,237.10
Silver: $18.54

Platinum: $1577
Palladium: $477​

US markets opening in about an hour fifteen minutes...
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CURRENTLY: In the US market after the open...

GOLD: $1,245.50
Silver: $18.77

Platinum: $1585
Palladium: $487​

 

CURRENTLY:

GOLD: $1,248.60 -- High so far today $1,249.90
Silver: $18.87 -- High so far today $18.90

Platinum: $1577
Palladium: $481​

 

CURRENTLY:

GOLD: $1,248.60 -- High so far today $1,252.50
Silver: $18.79 -- High so far today $18.90

Platinum: $1578
Palladium: $483​

 

The DOG is off to a good start. It is currently at $18.94/oz. Yep I think that we will see $19 silver today.

EDIT: It is slowly backing down. Currently at $18.91/oz as of 7:52 AM U.S. EST.

 

CURRENTLY:In UK/EU markets...

GOLD: $1,257.70
Silver: $18.93

Platinum: $1574
Palladium: $485​

US market opens in 30 minutes...
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CURRENTLY: After the US market opening...

GOLD: $1,258.70 High so far $1,259.40
Silver: $19.13 -- High so far $19.16

Platinum: $1581
Palladium: $488​

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CURRENTLY:

GOLD: $1,259.0 -- High so far $1,260.40
Silver: $19.15 -- High so far $19.17

 

This may not happen today but I would like to see silver close above $19.50. $19.50 seems to be the resistence level and silver in the past has been unable to close above $19.50 based on what I have seen.

I think that it reached an intra-day high of $19.84 on one day during this year but it backed off big time and I think that it ended up closing below $19.50 for that day (in the high $19.40's????). I thought that I remember seeing this. If I am wrong on this, then please feel free to correct me on this.

If silver can close above $19.50, then that IMO is a good sign that it will run past $20.00 and finish at $23.00 (or higher) on December 31, 2010.

However, my gut feeling also tells me that it is very possible that silver will get smacked down when it gets back in the $19.50-$19.80 range. That will be a battle that silver has to win in a convincing fashing in order to go higher IMO.

Just my 0.02.