Silver getting crushed today

Unless gold goes bonkers, like $1,700, I'm going to hold. I bought a few ounces when spot was $1,250 so It would take some more for me to sell. Gold is my hedge, silver is speculation for me.

 

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After I have sold all my silver.

 

I have been thinking of selling off my gold to buy my end of year silver. I have nothing into it at all just some jewelry that was givin to me.

 

$17.70 and going down...blah blah. Would like to see it stabilize for awhile.

 

It's stabilized between 15 and 18 an ounce !!

 

$17.67, down $.21 today. I'm going into time out mode.

 

Why get so upset about random peturbations?

 

Hang @Bman33 MY GOAL WAS WELL SHORT.. make enough to buy season tickets for miz football... that Kurt Bellman was right I WOULDNT MAKE ENOUGH TO PAY FOR ONE.. but learned

 

I am suprised with us being reduced to dust and ashes that the pm's have not gone up. Maybe it just happens with our rederic . But then again if we are dust and ashes we wont be able to cash in I guess.

 

$17.55 closed for the week.

Still in No Man's Land for me. Don't want to buy or sell.

 

Same thing with gold.

 

It did stay up over a week, some paper silver players, made a little off of the bullion market without putting their physical silver into play.

 

Well I said it would go up it did, Now its getting Crushed!! LOL I wonder if tomorrow's UN meeting will have a impact?

 

Down $.23

 

Well I was saying since it broke the 18.18 a week ago. .30 now just this morn. Hmm wonder what is driving this?

 

Stocks are on a steady upward trend during this same time span...Just normal market adjustments.

 

I'm a buyer at $7 /oz. If anyone wants to Presell to me ... hahaha
ppl pulling out of safe haven investments. I'm not really sure how much "safe haven" it is nowadays considering the various methods you can hold it now and various methods of electronic selling.

 

Well, hardly crushed. Maybe it is being sat on by a damp squib, but that is about as far as I will concede.

 

Does anyone one know how many ounces or what ever gets traded a day on the market on a average day? Paper and phys, And any other way? Just wondering if I can dump a hundred thousand ounces when it reaches $42.50 in a day or not?

 

This is the catch 22 in PMs, if the price ever does come close to that figure you could buy in all day long, but doubtful if you could unload a single ounce at anywhere close to that level.