Silver getting crushed today

Scroll up a bit. You didn't read my post from last Thursday at 2:15.

 

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The U.S. market closed at $16.20 today. I think we will all have a shot at under $16.00 but not for long. I'm under my 8% investment limit and will give it a go if it happens. :>) I see a country so politically divided and uncooperative that the rest of the year PM's should pick up.

 

My forecast: if the Fed raises rates in June or July as widely expected, you will get your sub $16 silver price. Stronger dollar, downward pressure on inflation.

 

Silver is Under $16 as I type on the Kitco Chart. Time to buy!

 

Where are the outlets that are selling at those prices? I'm looking at 50 ounces to bring my portfolio up to date.

 

5 10oz bars?

 

However it works out to my advantage.

 

I'll PM you the site.

 

Ouch! Silver is under $16 again. When will it end? Time to buy?

 

Silver has hovered around $16 all day. When will it end? The drop may have not really begun yet. Wait until Fed raises rates.

 

I was reviewing GLD buy/sell charts. There's been a few massive sell spikes on the 5-day, including a large sell order at 3:40pm (I assume EST).

Anyone think this could be a short squeeze that is driving the prices down?

There is a lot more buying volume - smaller chunks obviously. A few "alarming" sell spikes which makes me think the market is being manipulated lower.

 

For you silver bugs: The market closed at $15.93 today. I brought my portfolio up to date (8%). Is the next big buy at under $14.--?

 

24 hour special: 10oz silver bars - $167.90.

http://www.apmex.com/product/27087/...10oz-APMEX-Silver-Bars-Purchasers-NewTemplate

 

Better deal at Provident Metals and you get free shipping.

 

+1 ......I bought five yesterday to balance my portfolio. Normally I buy from APMEX, but no one is the best 100% of the time.

 

Can someone explain something to me....

Am I asking an insane amount when I list a 2013 ASE Roll for $380 which is $19/coin? *and thats including shipping* Also listing 90% silver at 13x and most of the silver being Walking Liberty Halves, Ive been out of the silver market for some time but I've literally been getting 0 interest from the Sale forum and I use to sell quite a bit.

 

If I buy silver I don't care about a date. I buy an ounce of silver and I pay as little as possible. In the end, an ounce is an ounce and spot is spot. So I can buy today at spot plus $.69 or $.79 per ounce which is $2.26 less than you're asking. Silver is at $15.95 at the moment and dropping.

As for the face at 13x, maybe a little high but 2% less than I can buy it for face to face with you paying the shipping is not enough to spark my interest.

I can't speak for others but for me, those are the facts that you asked for.

 

Maybe you were yesterday - today it's probably a better deal.

Nice pop last night.

 

I like to get what I call "mildly numismatic" silver. Walking Libs, etc. They might just be worth even more than the silver price when it's time to sell.

 

So, silver up 60+ cents right now - is it sell low, buy high or sell high buy low or buy high sell higher. I can never remember.