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Re: Silver Was $20 Now it is $19...look out below!
Posted:
Mon Apr 28, 2014 9:30 pm
by Zincanator
Beginning to regret my recent move to cancel the HBO package and lower my cable bill...
Re: Silver Was $20 Now it is $19...look out below!
Posted:
Thu May 01, 2014 9:27 am
by Zincanator
[edit] sorry I just answered my own question using the interwebs....
Re: Silver Was $20 Now it is $19...look out below!
Posted:
Thu May 01, 2014 12:07 pm
by johnbrickner
Zincanator wrote:Beginning to regret my recent move to cancel the HBO package and lower my cable bill...
HBO remorse? Get past it and move on. Your awareness is more acute when you are not plugged into distractive entertainment. Plus there is a relationship between hours of TV watched and income:
http://www.marketplace.org/topics/wealt ... and-income
Re: Silver Was $19 Now it is $18...The Sky is Falling!!
Posted:
Thu May 01, 2014 12:35 pm
by Rodebaugh
$18 n' change......next stop..???
Re: Silver Was $20 Now it is $19...look out below!
Posted:
Thu May 01, 2014 9:10 pm
by silverstacker
NDFarmer wrote:We are back to $19.00 silver again. I don't watch the charts but for you guys that due where is the next big resistance line on the downward side I think someone said it was around $18.00 if we were to break through that then where would be the next major line of support?
Great question. I'm not sure where the next stop would be. $16 seems attainable.
Re: Silver Was $19 Now it is $18...The Sky is Falling!!
Posted:
Thu May 01, 2014 10:17 pm
by 68Camaro
Gold is still well above the recent low, but both will stay soft until the Chinese fail to complete a physical delivery.
Re: Silver Was $19 Now it is $18...The Sky is Falling!!
Posted:
Thu May 01, 2014 11:06 pm
by silverstacker
68Camaro wrote:Gold is still well above the recent low, but both will stay soft until the Chinese fail to complete a physical delivery.
How much of a rebound or increase do you think we will see when this delivery doesnt happen? Just curious.
Re: Silver Was $19 Now it is $18...The Sky is Falling!!
Posted:
Fri May 02, 2014 4:46 am
by 68Camaro
A step function increase. Maybe not instantly - but when realization kicks in you'll see $3000 gold fast, maybe $5000 within a couple months.
Re: Silver Was $19 Now it is $18...The Sky is Falling!!
Posted:
Fri May 02, 2014 7:28 am
by IdahoCopper
The G/S ratio is over 67:1. Seems like now is the time to sell gold to buy silver.
Re: Silver Was $19 Now it is $18...The Sky is Falling!!
Posted:
Fri May 02, 2014 8:25 am
by barrytrot
Ratio-wise I would think that a Gold vs. Silver spread might also be advantageous.
Although it seems like the ratio was 70:1 a few years ago, I may be remembering incorrectly though.
Re: Silver Was $19 Now it is $18...The Sky is Falling!!
Posted:
Fri May 02, 2014 10:13 am
by Country
Nice pop today! GOLD over $1300
Re: Silver Was $19 Now it is $18...The Sky is Falling!!
Posted:
Sat May 03, 2014 1:08 pm
by neilgin1
Rodebaugh wrote:$18 n' change......next stop..???
My good Doctor,
weekend of 3-4 May, methinks you'll be seeing footage of a column of Russian T-72's and BTR's making dust westward towards Kiev and Odessa before too long, maybe a week tops. Those neo-nazi's in the Ukraine MIGHT just have crossed Putin's red line, so maybe directionally silver could close that gap at $26.....due respect. n.
Re: Silver Was $18 Now it is $19.....Recovery time?
Posted:
Sat May 03, 2014 6:19 pm
by Chief
Friday Morning on the way to work I heard Ukraine strikes back at Pro-Russian forces and thought oh *shucks*, here we go.
Ukraine is f'd either way. They are the Rhineland. Not saying WWIII, but the [fluffing] Russians will not back down. Combine that with China being melon-heads, we've got some serious [shucks] going on. Thank God that we've got Obama in charge of the US Military.
Re: Silver Was $18 Now it is $19.....Recovery time?
Posted:
Sat May 03, 2014 7:22 pm
by blackrabbit
Fascist mobs in Odessa killed 31 pro-russians and Russian Irregulars shot down a couple of Kiev's choppers, so seems like civil war is on in the Ukraine. I heard Z-big was called for arming Kiev so it is looking like Washington is attempting to strike the Ruskies indirectly by fomenting a war on it's border. You can't directly strike a nuclear power but Post-Modern-Rome can foment a conflict like this one brewing very steamingly in the Ukraine.
Re: Silver Was $18 Now it is $19.....Recovery time?
Posted:
Sun May 04, 2014 4:58 pm
by theo
blackrabbit wrote:Fascist mobs in Odessa killed 31 pro-russians and Russian Irregulars shot down a couple of Kiev's choppers, so seems like civil war is on in the Ukraine. I heard Z-big was called for arming Kiev so it is looking like Washington is attempting to strike the Ruskies indirectly by fomenting a war on it's border. You can't directly strike a nuclear power but Post-Modern-Rome can foment a conflict like this one brewing very steamingly in the Ukraine.
I thought the pro-russian forces want to have pieces of the Ukraine (and perhaps the whole country) annexed over to Russia. Why would opposing that make you a fascist? I'm not sure how much the U.S. was (improperly) involved in the initial revolution, but I do know that it is Russia who has a history of oppression and genocide; much of that against Ukrainians. There is ,to my knowledge, no proof of this; but I would be surprised if Russia wasn't somehow involved in fomenting the current unrest.
That being said, I agree that the Ukraine sliding towards a civil war. I'm surprised that this hasn't had more of an impact on commodity and energy prices.
Re: Silver Was $18 Now it is $19.....Recovery time?
Posted:
Sun May 04, 2014 5:40 pm
by blackrabbit
Guys from the right sector are proud admitted fascists. They were there in Odessa fighting the Russians.
Re: Silver Was $18 Now it is $19.....Recovery time?
Posted:
Sun May 04, 2014 6:06 pm
by beauanderos
theo wrote: I'm surprised that this hasn't had more of an impact on commodity and energy prices.
It isn't being allowed to.
Re: Silver Was $18 Now it is $19.....Recovery time?
Posted:
Sun May 04, 2014 9:07 pm
by theo
beauanderos wrote:theo wrote: I'm surprised that this hasn't had more of an impact on commodity and energy prices.
It isn't being allowed to.
They can hold down PM prices, but oil and NG are another matter.
blackrabbit wrote:Guys from the right sector are proud admitted fascists. They were there in Odessa fighting the Russians.
Its my understanding that the source for that is RT, which is essentially Putin's propaganda arm. It kind of like MSNBC implying that everybody who opposes Obama is a racist.
Re: Silver Was $18 Now it is $19.....Recovery time?
Posted:
Sun May 04, 2014 9:39 pm
by beauanderos
theo wrote:
Its my understanding that the source for that is RT, which is essentially Putin's propaganda arm.
while such an opinion may or may not be accurate, you should not let such belief disingenuously mislead you into thinking that RT as a
source of information is not credible. RT does, for instance, allow a format for dissenting opinions to those promulgated by
the MSM to be voiced... which otherwise would go unheard in this nation of monopolistic control of the media.
Re: Silver Was $18 Now it is $19.....Recovery time?
Posted:
Sun May 04, 2014 10:34 pm
by theo
beauanderos wrote:theo wrote:
Its my understanding that the source for that is RT, which is essentially Putin's propaganda arm.
while such an opinion may or may not be accurate, you should not let such belief disingenuously mislead you into thinking that RT as a
source of information is not credible. RT does, for instance, allow a format for dissenting opinions to those promulgated by
the MSM to be voiced... which otherwise would go unheard in this nation of monopolistic control of the media.
Three months ago I would have agreed with you; but since the Ukraine flared up, their reporting has been one-sided and very questionable IMO. From what I've been hearing, Putin is pretty much ruling Russia as a dictator. If that is true, I doubt RT is saying anything that Putin doesn't want to be said.
It can be argued that RT deserves some credit for being a haven for hard money advocates, however if my theory is correct it puts a whole new light on their content selection. It has occurred to me that hastening the U.S. dollar collapse along with sowing general descent in the U.S. might be perceived by Putin as being in Russia's interest. I can recall several stories (and at least one cable documentary) about the KGB's role in the Vietnam War protests.
Everybody has an agenda.
Re: Silver Was $18 Now it is $19.....Recovery time?
Posted:
Fri May 09, 2014 11:04 am
by carssman
I hate to say it but if we cannot sustain a rally over 21 soemtime this month,, the summer doldrums will certainly drop us to lower levels IMO FWIW.
I am stacking cash in anticipation for lower prices and a higher GSR,, I will likely swap more Gold for Silver over 68:1 which is upon us as I type this.
Re: Silver Was $18 Now it is $19.....Recovery time?
Posted:
Sun May 11, 2014 9:26 pm
by TwoPenniesEarned
I'm only buying junk right now as it is very scarce and especially in Canada, unique as a hedge against currency controls, as you can leave the country with your legal tender coins. It is cheap at this price and obviously mostly in strong hands as it hardly ever comes up for sale.
I am sure we will see $17 and I'm waiting with a conventional bullion buy for that price. I don't find it's worth trading in and out of gold and into silver or vice versa given the premiums on buying and that you get a haircut on sale. How do those of you trading in and out manage the hit on sale and corresponding premiums on the buy? Do you offer the dealer a flat rate or something on a straight no premiums swap?
Re: Silver Was $18 Now it is $19.....Recovery time?
Posted:
Mon May 12, 2014 1:29 pm
by beauanderos
TwoPenniesEarned wrote:I'm only buying junk right now as it is very scarce and especially in Canada, unique as a hedge against currency controls, as you can leave the country with your legal tender coins. It is cheap at this price and obviously mostly in strong hands as it hardly ever comes up for sale.
I am sure we will see $17 and I'm waiting with a conventional bullion buy for that price. I don't find it's worth trading in and out of gold and into silver or vice versa given the premiums on buying and that you get a haircut on sale. How do those of you trading in and out manage the hit on sale and corresponding premiums on the buy? Do you offer the dealer a flat rate or something on a straight no premiums swap?
you do your swaps on here.... offer to trade at a fair rate and someone will take you up on it. There are always those looking for the opportunity to rebalance their metals portfolio.
Re: Silver Was $18 Now it is $19.....Recovery time?
Posted:
Mon May 12, 2014 1:31 pm
by beauanderos
68camaro wrote:Three months ago I would have agreed with you; but since the Ukraine flared up, their reporting has been one-sided and very questionable IMO. From what I've been hearing, Putin is pretty much ruling Russia as a dictator. If that is true, I doubt RT is saying anything that Putin doesn't want to be said.
It can be argued that RT deserves some credit for being a haven for hard money advocates, however if my theory is correct it puts a whole new light on their content selection. It has occurred to me that hastening the U.S. dollar collapse along with sowing general descent in the U.S. might be perceived by Putin as being in Russia's interest. I can recall several stories (and at least one cable documentary) about the KGB's role in the Vietnam War protests.
Everybody has an agenda.
Everybody... being those who pull the strings... the powers that direct the Putin and Obama puppet show
Re: Silver Was $18 Now it is $19.....Recovery time?
Posted:
Wed May 28, 2014 1:34 am
by scyther
So, it's almost June and still no new low. Maybe the $18 support from last summer will hold.