Discussion in 'Bullion Investing' started by elaine 1970, Sep 7, 2009.
Here, maybe I can help......
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CURRENTLY: In Asia-Pac for Tuesday 9/7/2010
US markets reopen after Monday's holiday in about fifteen and a-half hours...
Agreed. I want Elaine to start the new thread: Next step silver - over $25.00! TC
2011 GOLD high $1,500.00, SILVER high $24.00
After one year, to the date, 9/7/2010 (in Asia) silver has finally touched $20/oz. for the first time in 2010 in overnight trading in Asia-Pac markets but it quickly retreated below $20/oz.
The US markets were closed for trade for the national Labor Day holiday on Monday, 9/6/2010.
Silver is currently hovering below $20/oz. at $19.87/oz. Ask price with 12+ hours to go until markets reopen in New York on Tuesday, 9/7/2010.
Tomorrow may finally be the day, for US markets, to finally see $20/oz. silver and to put this thread to rest.
It is interesting in review to see how far away the OPs expectations were from being met after initially being proposed.
No one can predict how PMs will perform over the near nor short term and declaring they did after they eventually realized this remains distant from insight, something the OP seldom expressed in the cloud of hysteria these threads hyping only positive tics attempted to do. That this thread has all but been abandoned already by the OP in search of the next highest range in a years time, answers a question of mindfulness, gluttony and greed sensed in the OP's approach over this topic. A lust for bigger and faster is no match for seeking stable prices, quality trading, and markets of integrity led by insight. Do you know your OP and will they still be present and gleaming if these numbers had not advance according to plan. We know that during stretches when the metals ran flat that the OP took vacations.
Let's see if twelve hours from now, we can declare global markets accepted $20/oz. silver for the first time in 2010.
I wish a good future full of success, passion and fun to all bullion investors. :thumb:
CURRENTLY: In UK/EU markets for Tuesday 9/7/2010
US markets reopen after Monday's holiday in about an hour ten minutes...
CURRENTLY: At the US market open for Tuesday 9/7/2010...
Silver has a way to climb this morning to tease $20/oz. silver as glimpsed in overnight trading, but it's yet to be shown across all global markets...
Personally, I used this profit taking as an opportunity to increase my holdings of silver, because I'm expecting a steady increase in price over the near term. Time will tell if this was a selling opportunity or a buying opportunity.
CURRENTLY: for Tuesday 9/7/2010...
Silver: $19.97 -- High 20.04 thread goal met!!!!!!!
But none of us have crystal balls, it could very well peak at $20 for a very long time as well....
If my last two sentences gave you no direction, it is why I still sit on my hands and have not sold a thing. LOL....
Nothing is over until we say it is...did we say it was over when the Germans bombed Pearl Harbor????
I want it to close in the US over $20...then I'm a believer...(it'll happen, just not sure when)
I think the unemployment numbers in January after the dismal Christmas retail sales should push the metals upward a bit. IMHO Although I hope those things won't happen.
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