Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
is silver on it way up or is this just temporary?
>
Reply to Thread
Message:
<p>[QUOTE="rodzm, post: 680033, member: 18843"]Ive heard of September usually being a high month. Silver is a weird animal, swings are wild and crazy. I'd like to see $20 but Im not holding my breath. There seems to have been a consolidation period last week so perhaps we are moving higher than $16. $15-16 seems to be a resistance point and I think if it breaks $16s we are really off to the races as many people will be buying in a frenzy so they do not miss the boat.</p><p> </p><p>One thing Ive learned with silver is to be patient and not have the mentality that you will miss the boat. Buy on decent dips and enjoy the ride but never drop all your FRNs at once because you never know when that really nice opportunity will come along.</p><p> </p><p>if you play ratios then once it drops below 60 switch some silver for gold. My startegy is to do 1/4 of my stash when it drops below 60 and antoher 1/4 at 55, then another at 50.</p><p> </p><p>Ratio goes up to 70 or above and take gold and buy silver.[/QUOTE]</p><p><br /></p>
[QUOTE="rodzm, post: 680033, member: 18843"]Ive heard of September usually being a high month. Silver is a weird animal, swings are wild and crazy. I'd like to see $20 but Im not holding my breath. There seems to have been a consolidation period last week so perhaps we are moving higher than $16. $15-16 seems to be a resistance point and I think if it breaks $16s we are really off to the races as many people will be buying in a frenzy so they do not miss the boat. One thing Ive learned with silver is to be patient and not have the mentality that you will miss the boat. Buy on decent dips and enjoy the ride but never drop all your FRNs at once because you never know when that really nice opportunity will come along. if you play ratios then once it drops below 60 switch some silver for gold. My startegy is to do 1/4 of my stash when it drops below 60 and antoher 1/4 at 55, then another at 50. Ratio goes up to 70 or above and take gold and buy silver.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
is silver on it way up or is this just temporary?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...