I'm going to sign up my nephew to this site. He's 7 years old. Him and his generation can continue this thread when they get older, hopefully they will have better luck with silver over $20.... :crying:
Maybe they will look back and laugh at our old posts... silver under $20 and they complained and whined about this/that... LOL! We gotta start sometime... I started coin collecting around that age and started into bullion as a teen. Ever so glad I did!
I'm not there yet krispy. I just have a "hunch" that silver will get back around $16 an oz. in 2010. I have very little hard evidence to back this claim other than working in the industrial chemical production field.
Currently: GOLD @ $1,136.20/oz. High $1,138.50 Silver @ $17.76/oz. High $17.79 Platinum @ $1,699/oz. Palladium @ $541/oz. Asian markets for Tuesday 4/20 opening in 30 minutes...
I am not there yet either. I am a long-term investor, so I am applying patience . I don't have a specific price target, I use very simple technical indicators instead, and I think for a long-term investor this saves money. I also believe that one must buy once one has decided to do it, whatever method one chooses, as Krispy has noted elsewhere. Otherwise patience can morph into procrastination .
silver high - $18.03 silver low - $17.75 currently - $18.00 gold high - $1,144.50 gold low - $1,134.80 currently - $1,144.20
Currently: In UK/EU Markets... GOLD @ $1,141.90/oz. Silver @ $18.00/oz. Platinum @ $1,719/oz. Palladium @ $547/oz. Opening in US Market with the half hour...
Currently: At the US Market open... GOLD @ $1,142.10/oz.High $1,142.70 Silver @ $17.97/oz. High $17.97/oz. Platinum @ $1,719/oz. Palladium @ $547/oz.
Currently: GOLD @ $1,141/oz.High $1,147.40 Silver @ $17.96/oz. High $18.06/oz. Platinum @ $1,723/oz. Palladium @ $553/oz.
Currently: GOLD @ $1,141.10/oz.High $1,147.40 Silver @ $17.88/oz. High $18.06/oz. Platinum @ $1,723/oz. Palladium @ $554/oz.
Currently: Trading in Asian markets for Wednesday 4/21... GOLD @ $1,142.90/oz. Silver @ $17.92/oz. Platinum @ $1,725/oz. Palladium @ $556/oz.
Indeed! If we can only convince the folks who keep hanging on for a few dollars lower to buy while they have a chance on the dips...
Currently: in UK/EU markets for Wednesday 4/21... GOLD @ $1,141.00/oz. Silver @ $17.79/oz. Platinum @ $1,731/oz. Palladium @ $557/oz. US Markets open in about 15 minutes...
Currently: at the US market opening... GOLD @ $1,140.20/oz. Silver @ $17.82/oz. Platinum @ $1,735/oz. Palladium @ $559/oz.
That's the thing, I don't think we can count on THOSE people. Because when it drops $1, they will think it will go further and try to time the bottom. Then they will miss out when it recovers.... It's a vicious cycle I think....
Case in point swagge1 from this post, amongst others over time, which is only partly what he's loosing out on, time and opportunities (plural) to buy.