Silver's on the move!

Discussion in 'Bullion Investing' started by Brett_in_Sacto, Jun 30, 2016.

  1. -jeffB

    -jeffB Greshams LEO Supporter

    Making a prediction for a week out, or in a bit of a time warp? ;)

    BTW, welcome to CoinTalk!
     
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  3. ewomack

    ewomack 魚の下着

    Right now Apmex says $19.85 an ounce. Quite the upwards bounce. Are investors fleeing to metals due to Brexit anxieties?

    Ah - other sources are saying that bond yields have dropped to dismal levels so investors have shifted to metals.
     
  4. Endeavor

    Endeavor Well-Known Member

    $19.755 @ kitco right now
     
  5. Bman33

    Bman33 Well-Known Member

    $19.95 on Kitco now, over $20.00 every where else!
     
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  6. Endeavor

    Endeavor Well-Known Member

    1. Brexit (which is just one example of how fragile EU is. More countries soon to exit??)
    2. US elections
    3. ISIS attacking everywhere
    4. Treasury not raising rates again
    5. Out of control National Debt

    (4 & 5 go hand in hand)

    $20 silver is a bargain right now

    We've now seen the strong push of the continuation of an upward trend. Anyone who trades or has traded knows these macro trends last a looong time. I don't know if we will see a retest of the $49 high within the next 5 years, but I do believe that $30-40 is a very good bet.
     
    Bman33 likes this.
  7. Cascade

    Cascade CAC Variety Nerd

    This is going to be EPIC guys!!!
     
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  8. Bman33

    Bman33 Well-Known Member

    Wish I had a larger war chest to go in on. Sold a lot of mine in May when it was at $17.50. Now I'm scraping together as much as I can to keep up but staying in the realms of what I can afford. I am pretty new to silver investing but $20 does seem like a bargain. Keep buying if you can!
     
  9. Bman33

    Bman33 Well-Known Member

    It is going to be EPIC and fun to be a part of. All the Silver Bears can eat Crow.
     
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  10. Bman33

    Bman33 Well-Known Member

    $20.32 on Kitco. Going crazy in Sidney and Hong Kong.
     
  11. Cascade

    Cascade CAC Variety Nerd

    Damn! Up 70 cents in a few hours of overseas trading. Like I said, this will be EPIC! :) :) :) :) :) :) :) :) :) :) :)
     
  12. -jeffB

    -jeffB Greshams LEO Supporter

    Coinflation's feature headline still says "Here Comes $20 Silver!" -- looks like they may need to change it to "There Goes $20 Silver".
     
  13. jmccarty

    jmccarty Active Member

    When to sell?? Over $21 now!
     
  14. Bman33

    Bman33 Well-Known Member

    That's like $1 in an hour and a half,
     
  15. jmccarty

    jmccarty Active Member

    Should have bought a lot more of course...darn crystal ball was not working again!
     
  16. Bman33

    Bman33 Well-Known Member

    I bought Friday on-line. Have to wait til Tuesday to buy again because I have to purchase and Mail check the same day when I buy online.
     
  17. Cascade

    Cascade CAC Variety Nerd

    Not any time soon ;)
     
  18. jmccarty

    jmccarty Active Member

    Hard to watch this then Bman33!
     
  19. Bman33

    Bman33 Well-Known Member

    Extremely hard to watch. I want more!
     
  20. -jeffB

    -jeffB Greshams LEO Supporter

    Yup, there it went.
     
  21. jmccarty

    jmccarty Active Member

    It's dropping now, I think!
     
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