Next step silver - over $20.00

Discussion in 'Bullion Investing' started by elaine 1970, Sep 7, 2009.

  1. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    The gold price is down something like 15% from the high. This isn't significant or unusual for gold in any way. Like every other asset moving up, the speculators jump in and jump out trying to catch the swings, but making them wider by their actions at the same time.
     
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  3. krispy

    krispy krispy

    Yes it does get quite. That's part of my point in posting the current market ask prices during the dips in PM bugs threads that otherwise imbalanced in only cheering along the rise or next level of this or that. :) PMs go up and they go down, these percentages aren't much to cheer about. Most PMs are pretty high YTD, this isn't much of a dip but just the nature of these commodities.
     
  4. fools_gold

    fools_gold Junior Member

    Yeah I agree, it does get quiet in here when prices dip. But that's the nature of the beast and if you're going to be in this market, you have to understand that risk.

    I still have a lot to learn but it's been very fun so far....
     
  5. pale ridder

    pale ridder Junior Member

    do i hear $23????? once, twice, gone to the lady in red! Right on the $$$ sister!! ooxx pale ridder
     
  6. green18

    green18 Unknown member Sweet on Commemorative Coins

    Guess I should have waited before pulling the trigger on pre-ordering a roll of 2010 ASE's. Oh well, win some, lose some.....:) At any rate, I'll be holding 'em for awhile.
     
  7. elaine 1970

    elaine 1970 material girl

    silver high $19.50, low $15.99, down 17.8%

    gold high $1,227.20, low $1,072.40, down 12.5%
     
  8. pale ridder

    pale ridder Junior Member

    GREEN 18 I dont think you made a mistake depending what ur intentions are silver will go up & down so you can dump them on the up or keep them for the long haul? Either way u have them!
     
  9. green18

    green18 Unknown member Sweet on Commemorative Coins

    Indeed, just wish I would o' bought 'em this week instead of three weeks ago. Could of saved $40.........:)
     
  10. SilverSurfer

    SilverSurfer Whack Job

    I might be the only one cheering for the price to go down. Why not, best time to buy. I'm an investor, not a speculative trader. Hurray for cheaper silver for the common man!
     
  11. pale ridder

    pale ridder Junior Member

    I agree surfer! Let it go down to $6 an oz i will buy a couple hundred pounds and sell it when it goes back up to $20 or more??
     
  12. Duke Kavanaugh

    Duke Kavanaugh The Big Coin Hunter

    Down down it goes :D
    Yeppie.
    At least for a short bit...
     
  13. WebNomad

    WebNomad Junior Member

    question is how do you keep so much silver safe before you can reap the fruit.
     
  14. pale ridder

    pale ridder Junior Member

    I have a safe thats hiden in my house, i work odd hours at times, i dont talk about what i have to very many ppl those i do can be trusted, lastly i have guns and know how to shoot them VERY WELL!
     
  15. davemac

    davemac dave

    it is not that silver has gone down that much but the dollar has got stronger
    will that last. anybodys guess
    me i hope silver goes up then i can sell
     
  16. pale ridder

    pale ridder Junior Member

    Up or down either way we win! If it goes down buy more,up then sell it take ur profit and then start all over lol
     
  17. SilverSurfer

    SilverSurfer Whack Job

    Personally, I didn't like the $18.60 price. Too expensive to buy, and not expensive enough to actually make a profit yet. Kinda the blah price. Lower means it's time to buy.
     
  18. krispy

    krispy krispy

    Currently: Silver @ $15.52/oz.
     
  19. fools_gold

    fools_gold Junior Member


    Jeez!! I honestly think this is a buying opportunity for anyone that has some cash....what a bargain...
     
  20. krispy

    krispy krispy

    definitely...

    Ring around the rosey,
    A pocketful of pm's.
    cashes, cashes.
    We all fall down.
     
  21. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Anymore updates??
     
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