The ugly gray stuff is over $18 an ounce

Now is the perfect time to unload the stuff you have taking up space.

 

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I guess, but, even though I bought at 15/16, I'm waiting for 20.
Wouldn't make sense to sell it at a couple of bucks over, especially since many coin shops will offer you below spot. In the end, I'd just get my money back.

 

You must be buying. I can't see any other reason for this unending bashing other than to try and talk the price down.

 

Serious? Dang, I need to check out the charts.

 

Yeah, I'm a big spender trying to influence the entire PM market by posting on cointalk. Once I have pursuaded the market to stop buying silver by posting on this forum, I am going to swoop in with my millions and buy thousands of ounces of silver. Yeah, that's the ticket.

 

The Kitco site wouldn't load up for me. Every silver bug in the country must be trying to look right now.

 

So, what does the chart say? Take profit now, or hold for $100 in a year or two?

 

patients waiting for 20 plus

 

That one is a monthly chart where every bar is a month. I didn't focus on the timing. 100$ is a minimum of 4 years out in my opinion. I believe that silver will rise into early next year then go down and sideways for over another year. If it drops from here, it won't be much >10% and that would be the time to buy. We have to look at shorter timeframes to get a better picture of what will take place the next 6 months.
the shorter the timeframe the less likely they are to come true.

Based on the 4 periods where silver advanced during the 2001-11 bull run, one of these two versions of this pattern has a good chance of happening.

 

It's not all "ugly grey stuff"...

 

Pewter and Lead bars too?

 

Who would we unload you upon--the stamp collectors?

 

Silver is white - the most reflective of all metals. "Ugly gray stuff" would be any other metal but Gold, Copper or Cesium.

 

My advice is to sell a little here and there and splurge on a steak dinner.

 

Not all of that gray stuff is ugly. And it's still rising. Hold and smile in the mean time.

 

Maybe when it goes over $30 an ounce I'm selling. Not at under $20 that's still relatively low.

 

It looks like it's just about hit $19, while gold is about to hit $1550. Silver is increasing more than gold. What's up?

 

Silver and gold are up!