Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Sun Apr 10, 2011 7:01 pm- 41.jpg (43.45 KiB) Viewed 1037 times
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SILVER - WAS $31-$49, WAS $33-$43, NOW $44+
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Posted: Sun Apr 10, 2011 7:01 pmRe: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Sun Apr 10, 2011 7:02 pmblackrabbit wrote:This is insane! When is it going to go down?
don't worry it will.......and when it does......it will move down 100 times faster than the run up.
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Sun Apr 10, 2011 7:11 pmLook Face selling at 30 times face. 
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Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Sun Apr 10, 2011 7:32 pmOK. OK. I admit to being surprised about silver's "so high-so fast" run. Now at $41, it seems to be defying gravity. Where's my crystal ball when I need it as I'd like to know what to expect one week or one month from now.
On a rapid rise like this, many silver investors will be left in the dust. With one dollar face in US 90% coins at about $30, a $100 bill can now purchase 6 silver half dollars and about 3 dimes. If you live in a state where sales tax is charged on coin purchases, knock back at least one of those dimes. I lived through and participated in the Great Silver Run of 1980. While the POS continued to rise, lack of public willingness to buy at the escalating prices caused a surplus in the supply. The price started dropping.
Should I be excited or apprehensive about what happens next?
On a rapid rise like this, many silver investors will be left in the dust. With one dollar face in US 90% coins at about $30, a $100 bill can now purchase 6 silver half dollars and about 3 dimes. If you live in a state where sales tax is charged on coin purchases, knock back at least one of those dimes. I lived through and participated in the Great Silver Run of 1980. While the POS continued to rise, lack of public willingness to buy at the escalating prices caused a surplus in the supply. The price started dropping.
Should I be excited or apprehensive about what happens next?
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Sun Apr 10, 2011 7:53 pmKnow Common Cents wrote:OK. OK. I admit to being surprised about silver's "so high-so fast" run. Now at $41, it seems to be defying gravity. Where's my crystal ball when I need it as I'd like to know what to expect one week or one month from now.
On a rapid rise like this, many silver investors will be left in the dust. With one dollar face in US 90% coins at about $30, a $100 bill can now purchase 6 silver half dollars and about 3 dimes. If you live in a state where sales tax is charged on coin purchases, knock back at least one of those dimes. I lived through and participated in the Great Silver Run of 1980. While the POS continued to rise, lack of public willingness to buy at the escalating prices caused a surplus in the supply. The price started dropping.
Should I be excited or apprehensive about what happens next?
The run of 1980 is in no way comparable to this. That was the Hunt Bros, pure and simple, trying to corner the market.
This one is different.
Should you be apprehensive? Not about owning silver, I think. Especially if you've already largely bought in now. (And I don't think it's too late to buy in.) However, I think we should all be apprehensive, in general, as the trouble lurking behind all of this is certain to surface, and if so, it will get ugly. I don't think ugly for silver. But possibly ugly for life in general - even for those with solid silver hoards.
Re: SILVER - WAS $31-$32-$33-$34-$35-$36-$37-$38-$39 NOW $40
Posted: Sun Apr 10, 2011 8:24 pmCountry wrote:Nothing like a good celebration!!! $40 SILVER - the stuff of dreams...
Now comes the real fun - the EXPONENTIAL RISE!!! It's gonna take our breathe away....
THE EXPONENTIAL RISE HAS BEGUN BABY!!!
TOO MANY FOLKS LOOKING FOR THE CORRECTION... LET'S RIDE THIS BULL MARKET TO ALL TIME HIGHS BY MAY!!!
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Sun Apr 10, 2011 8:45 pmPosition size doubled. Short @ $41.49
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Sun Apr 10, 2011 8:56 pmNo cheerleading here. The trades will speak for themselves. While the future is ALWAYS unknowable, a crack back to the low 30's or lower would not be a surprise.
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Sun Apr 10, 2011 10:00 pmi dont understand. Why would anyone think that $41 silver is crazy high?......especially when you start counting QE2, the amount of FRN's involved, combine that with the unrealized hits, coming round the bend in commercial RE, combined with the 3 million nightmares engulfing the pertroleum 10/40 window, (especially the shaky Sa-udi Kingdom)....and lense that out via the relatively small size of the global silver market......should be $141. Guys here have been looking for a retracement since $25, bull markets always climb a wall of worry.
oh, i forgot to mention that Japan Inc, has shut down, and a now possess a molten spewing pile of nuke fuel for the unforseeable future, food and energy insufficent.
oh, i forgot to mention that Japan Inc, has shut down, and a now possess a molten spewing pile of nuke fuel for the unforseeable future, food and energy insufficent.
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Sun Apr 10, 2011 10:17 pmneilgin1 wrote:i dont understand. Why would anyone think that $41 silver is crazy high?......especially when you start counting QE2, the amount of FRN's involved, combine that with the unrealized hits, coming round the bend in commercial RE, combined with the 3 million nightmares engulfing the pertroleum 10/40 window, (especially the shaky Sa-udi Kingdom)....and lense that out via the relatively small size of the global silver market......should be $141. Guys here have been looking for a retracement since $25, bull markets always climb a wall of worry.
oh, i forgot to mention that Japan Inc, has shut down, and a now possess a molten spewing pile of nuke fuel for the unforseeable future, food and energy insufficent.
I like the way you think neilgin. You forgot about the strong banks of the fiscally fortified European Union. There's a shortage of buckets in Portugal from all the bail outs.
With a market as small as silver, $41 is still cheap in the long run.Good market wisdom has always been to never try to catch a falling knife. I see that JFF finds it as tempting to call mid-term tops as many like to try to call short-term bottoms in the stock market. I personally don't speculate that way, but true hedging is not a bad thing if it is used to lock in gains or prices.
I miss the days of buying junk at $10 x face
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Sun Apr 10, 2011 10:19 pm68Camaro wrote:Know Common Cents wrote:OK. OK. I admit to being surprised about silver's "so high-so fast" run. Now at $41, it seems to be defying gravity. Where's my crystal ball when I need it as I'd like to know what to expect one week or one month from now.
On a rapid rise like this, many silver investors will be left in the dust. With one dollar face in US 90% coins at about $30, a $100 bill can now purchase 6 silver half dollars and about 3 dimes. If you live in a state where sales tax is charged on coin purchases, knock back at least one of those dimes. I lived through and participated in the Great Silver Run of 1980. While the POS continued to rise, lack of public willingness to buy at the escalating prices caused a surplus in the supply. The price started dropping.
Should I be excited or apprehensive about what happens next?
The run of 1980 is in no way comparable to this. That was the Hunt Bros, pure and simple, trying to corner the market.
This one is different.
Should you be apprehensive? Not about owning silver, I think. Especially if you've already largely bought in now. (And I don't think it's too late to buy in.) However, I think we should all be apprehensive, in general, as the trouble lurking behind all of this is certain to surface, and if so, it will get ugly. I don't think ugly for silver. But possibly ugly for life in general - even for those with solid silver hoards.
"It will get ugly." What I wouldn't give for a 100-acre farm surrounded by 100-acre farms of several other realcenters.
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Sun Apr 10, 2011 10:24 pmneilgin1 wrote:i dont understand. Why would anyone think that $41 silver is crazy high?......especially when you start counting QE2, the amount of FRN's involved, combine that with the unrealized hits, coming round the bend in commercial RE, combined with the 3 million nightmares engulfing the pertroleum 10/40 window, (especially the shaky Sa-udi Kingdom)....and lense that out via the relatively small size of the global silver market......should be $141. Guys here have been looking for a retracement since $25, bull markets always climb a wall of worry.
oh, i forgot to mention that Japan Inc, has shut down, and a now possess a molten spewing pile of nuke fuel for the unforseeable future, food and energy insufficent.
Neil, I agree. The purchasing power of the dollar has fallen considerably since silver prices reached their record highs thanks to the Hunt Brothers. An FRN of lesser value must buy less silver, especially as many more sovereign nations and individuals come to accept that fact. $41 silver is not high. Silver is still cheap. You can buy it with fake money. That said, I still wish there would be a deep correction so I could buy more.
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Sun Apr 10, 2011 10:36 pmWhen the market tanked all the money in the stock market rushed into US Treasuries, pushing up the value of the dollar and pushing down the price of silver. If we see a big big correction in Mid-May (Unions trying to crash the market, US Debt ceiling issues, Palistinian Floatilla #2 to stur up Israel) , we may see the money surge into Treasuries, and crash the silver price. Stay tuned.
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Sun Apr 10, 2011 11:38 pmshinnosuke wrote:"It will get ugly." What I wouldn't give for a 100-acre farm surrounded by 100-acre farms of several other realcenters.
I'd take realcenters, GIMmers, survivalistboarders, arfcoms...
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Sun Apr 10, 2011 11:59 pmWow 42 Tonite?
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Mon Apr 11, 2011 12:01 amAdded short @ 41.91. Starting to lay on some size.
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Mon Apr 11, 2011 12:05 amneilgin1 wrote:i dont understand. Why would anyone think that $41 silver is crazy high?......especially when you start counting QE2, the amount of FRN's involved, combine that with the unrealized hits, coming round the bend in commercial RE, combined with the 3 million nightmares engulfing the pertroleum 10/40 window, (especially the shaky Sa-udi Kingdom)....and lense that out via the relatively small size of the global silver market......should be $141. Guys here have been looking for a retracement since $25, bull markets always climb a wall of worry.
oh, i forgot to mention that Japan Inc, has shut down, and a now possess a molten spewing pile of nuke fuel for the unforseeable future, food and energy insufficent.
Amen
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Mon Apr 11, 2011 12:12 amAlready up .91 @ $41.88 in far east trading. Conventional wisdom says that New York trading will step on the neck of this rally as we've seen in the past. However, this feels a little panicy to me. If Europe and New York both join in the buying we might see our first multi dollar increase in Ag.
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Mon Apr 11, 2011 12:22 am41.96 now. I'm also wondering why this is happening while both gold and the dollar index are largely unmoved. Is the COMEX about to default on silver???
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Mon Apr 11, 2011 12:25 amI'm thinking momentum buying and short covering. Something BIG is going to happen today. A big gap up, a big gap down, or a big reversal. 
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Mon Apr 11, 2011 12:31 amDvorak wrote:shinnosuke wrote:"It will get ugly." What I wouldn't give for a 100-acre farm surrounded by 100-acre farms of several other realcenters.
I'd take realcenters, GIMmers, survivalistboarders, arfcoms...
How do I find GIMmer, survivalistboarder online? I found arfcom...cool.
Thanks in advance.
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Mon Apr 11, 2011 12:36 amgoldismoney.info
survalistboards.com
survalistboards.com
Re: SILVER - WAS $31-$32-$33-$34-$35-$36-$37-$38-$39 NOW $40
Posted: Mon Apr 11, 2011 12:39 amCountry wrote:Country wrote:Nothing like a good celebration!!! $40 SILVER - the stuff of dreams...
Now comes the real fun - the EXPONENTIAL RISE!!! It's gonna take our breathe away....
THE EXPONENTIAL RISE HAS BEGUN BABY!!!
TOO MANY FOLKS LOOKING FOR THE CORRECTION... LET'S RIDE THIS BULL MARKET TO ALL TIME HIGHS BY MAY!!!
I hope i didnt f/u when i didnt buy the peace's today at 35
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Mon Apr 11, 2011 12:43 ama big correction wouldnt surprise me if for no other reason then man expect it. before terribly long we will see it rising many dollars a week imo. the dollar is being replaced as the global reserve currency. Our jobs arent coming back unless folks make it happen themselves, and to many just wont, they are waiting for others to do it for them.... Its the end of the american bubble. Its barely begun. how bad it gets depends on how folks relate to it.
42 dollar silver expensive? not in my eyes. im buying with both hands at whatever price it is the day I have free money.
42 dollar silver expensive? not in my eyes. im buying with both hands at whatever price it is the day I have free money.
Re: SILVER - WAS $31-$35, WAS $36-$40, NOW $41+
Posted: Mon Apr 11, 2011 12:46 amDeanStockwell wrote:goldismoney.info
survalistboards.com
Thanks, Dean. You da man.