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SILVER: anything like last April?

PostPosted: Mon Mar 19, 2012 8:44 am
by uthminsta
Do you think silver will perform anything like it did last April? Opinions please, and whatever research or explanation you might have, to back it up!

Re: SILVER: anything like last April?

PostPosted: Mon Mar 19, 2012 9:32 am
by IdahoCopper
Silver's price is set every day by JP Morgan. Research and statistical analysis is a fool's errand waste of time.

Re: SILVER: anything like last April?

PostPosted: Mon Mar 19, 2012 10:06 am
by barrytrot
IdahoCopper wrote:Silver's price is set every day by JP Morgan. Research and statistical analysis is a fool's errand waste of time.


So I guess research JP Morgan then :) That would seem to be the ultimate insider knowledge :)

The price of silver *every day* is definitely open to manipulation, just like if I were to buy 1,000,000 shares of a stock valued at 0.01 (penny stock in other words) today that would SIGNIFIANTLY alter the price for a little while of that stock.

The silver price and the value of any company though can not be manipulated, so if you believe silver to be a smart purchase then buy it and wait for your exit price. Ignore the "day to day moves" unless that triggers your exit point.


It is impossible to manipulate the market beyond the true value of a stock or commodity in the long term. Long term, of course, may be longer than you want to wait :)

Re: SILVER: anything like last April?

PostPosted: Mon Mar 19, 2012 10:20 am
by nero12345
IdahoCopper wrote:Silver's price is set every day by JP Morgan. Research and statistical analysis is a fool's errand waste of time.

The numbers do get maniuplated i think we can all agree but the charts do give signs.

Re: SILVER: anything like last April?

PostPosted: Mon Mar 19, 2012 11:23 am
by inflationhawk
nero12345 wrote:
IdahoCopper wrote:Silver's price is set every day by JP Morgan. Research and statistical analysis is a fool's errand waste of time.

The numbers do get maniuplated i think we can all agree but the charts do give signs.


75% of the time. So maybe we should just throw it out altogether?

Re: SILVER: anything like last April?

PostPosted: Mon Mar 19, 2012 11:29 am
by uthminsta
IdahoCopper wrote:Silver's price is set every day by JP Morgan. Research and statistical analysis is a fool's errand waste of time.

Good thought. I don't want to get stuck selling silver for 75% of melt if it shoots up.

Re: SILVER: anything like last April?

PostPosted: Mon Mar 19, 2012 12:33 pm
by IdahoCopper
inflationhawk wrote:
nero12345 wrote:
IdahoCopper wrote:Silver's price is set every day by JP Morgan. Research and statistical analysis is a fool's errand waste of time.

The numbers do get maniuplated i think we can all agree but the charts do give signs.


75% of the time. So maybe we should just throw it out altogether?



Here is Jon Nadler's response:

At 03:40 PM 3/17/2012, you wrote:
Suggestion:
If you believe the silver market is manipulated, you ought not ever buy a single ounce of it. You will never 'win' over Darth JPM Vader.


And my reply to that:
Suggestion:

Instead of posting articles full of misleading, phony statistics, try telling the truth. Or is that a death sentence via Darth JPM Vader?

Perhaps you would be better off by quitting your job, if you don't have the balls to tell the truth......and to stop lying with stats.

-------

No further reply from Mr. Nadler.

Re: SILVER: anything like last April?

PostPosted: Thu Mar 22, 2012 4:59 am
by Engineer
Silver got another smackdown to 31.75 into the London open this morning. The question is whether it will follow the pattern from the last few days of a rally into the NYMEX open. If not, there could be some good buying opportunities today.

Re: SILVER: anything like last April?

PostPosted: Thu Mar 22, 2012 9:16 am
by Cu Penny Hoarder
Engineer wrote:Silver got another smackdown to 31.75 into the London open this morning. The question is whether it will follow the pattern from the last few days of a rally into the NYMEX open. If not, there could be some good buying opportunities today.


And tomorrow, and the next day, and the day after that.

TPTB want it much lower and it's going lower. It's also moving (down) with the stock market.

Holding out for $25-27... that's when/where I starting loading more into the truck.

Re: SILVER: anything like last April?

PostPosted: Thu Mar 22, 2012 9:23 am
by barrytrot
Cu Penny Hoarder wrote:
Engineer wrote:Silver got another smackdown to 31.75 into the London open this morning. The question is whether it will follow the pattern from the last few days of a rally into the NYMEX open. If not, there could be some good buying opportunities today.


And tomorrow, and the next day, and the day after that.

TPTB want it much lower and it's going lower. It's also moving (down) with the stock market.

Holding out for $25-27... that's when/where I starting loading more into the truck.


Under 27 happened about 1 month ago. Did you back up the truck? Or did you keep waiting?

It seems everyone is waiting for "just a little lower". That's not the way to invest. That's called gambling.

If you believe someone is good at a good price. Buy. Waiting and waiting will not make you any profit.

Re: SILVER: anything like last April?

PostPosted: Thu Mar 22, 2012 10:35 am
by Z00
Cu Penny Hoarder wrote:Holding out for $25-27... that's when/where I starting loading more into the truck.

At that point I am going to buy a bigger shovel. :mrgreen:

Re: SILVER: anything like last April?

PostPosted: Thu Mar 22, 2012 10:47 am
by 68Camaro
barrytrot wrote:
Cu Penny Hoarder wrote:
Engineer wrote:Silver got another smackdown to 31.75 into the London open this morning. The question is whether it will follow the pattern from the last few days of a rally into the NYMEX open. If not, there could be some good buying opportunities today.


And tomorrow, and the next day, and the day after that.

TPTB want it much lower and it's going lower. It's also moving (down) with the stock market.

Holding out for $25-27... that's when/where I starting loading more into the truck.


Under 27 happened about 1 month ago. Did you back up the truck? Or did you keep waiting?

It seems everyone is waiting for "just a little lower". That's not the way to invest. That's called gambling.

If you believe someone is good at a good price. Buy. Waiting and waiting will not make you any profit.


I've said that, or something similar, myself, so many times that I'm tired of saying it. We need to start a series of standard replies. Let's call this one standard reply #1, so in the future our post will just say "Standard reply #1".

Re: SILVER: anything like last April?

PostPosted: Thu Mar 22, 2012 10:54 am
by Cu Penny Hoarder
barrytrot wrote:
Cu Penny Hoarder wrote:
Engineer wrote:Silver got another smackdown to 31.75 into the London open this morning. The question is whether it will follow the pattern from the last few days of a rally into the NYMEX open. If not, there could be some good buying opportunities today.


And tomorrow, and the next day, and the day after that.

TPTB want it much lower and it's going lower. It's also moving (down) with the stock market.

Holding out for $25-27... that's when/where I starting loading more into the truck.


Under 27 happened about 1 month ago. Did you back up the truck? Or did you keep waiting?

It seems everyone is waiting for "just a little lower". That's not the way to invest. That's called gambling.

If you believe someone is good at a good price. Buy. Waiting and waiting will not make you any profit.



I am not gambling. I started buying in 1985. I simply add more on large dips.

I've come very close to buying the bottom of every major dip over the last several years. I really don't need anymore Ag. I buy now because Ag is much better than having FRNs. Even if it doesn't go any lower, I'm quite happy with what I have.

You really know next to nothing about me and you assume way too much.

Re: SILVER: anything like last April?

PostPosted: Thu Mar 22, 2012 11:12 am
by uthminsta
barrytrot wrote:Under 27 happened about 1 month ago. Did you back up the truck? Or did you keep waiting? ...etc

Cu Penny Hoarder wrote:You really know next to nothing about me and you assume way too much.

No, he's using what you said to make a point to the bigger audience. And it is a good point.

Re: SILVER: anything like last April?

PostPosted: Thu Mar 22, 2012 11:41 am
by Cu Penny Hoarder
uthminsta wrote:
barrytrot wrote:Under 27 happened about 1 month ago. Did you back up the truck? Or did you keep waiting? ...etc

Cu Penny Hoarder wrote:You really know next to nothing about me and you assume way too much.

No, he's using what you said to make a point to the bigger audience. And it is a good point.


No, it's ass-u-ming. And you are isolating things I'm saying re-assigning the context.

Anytime I mention it's going lower, people attack me. It's ridiculous how defensive some people in this forum are.

Re: SILVER: anything like last April?

PostPosted: Thu Mar 22, 2012 12:03 pm
by uthminsta
1. Friend, no one is attacking you. If you see it that way, that is unfortunate. Perhaps you are bringing something else from a previous conversation into this one, but I am reading both sides with a cool head, and I assure you... Barry is only trying to inform.

2. I'm not reassigning context. But yes, I *AM* isolating something you said because I am responding to it. If you're saying someone knows next to nothing about you, we can only gather from your words that you think his comment was only directed toward you.

3. Saying that I am "ass-u-ming" is akin to name calling. And I don't take kindly to it. Maybe I'm wrong, but I don't think others would either.

Re: SILVER: anything like last April?

PostPosted: Thu Mar 22, 2012 12:04 pm
by barrytrot
CU Penny Hoarder,

uthminsta was right that my statement was primarily a broad statement about people that say, "I'll buy when X".

Your explanation of your own activity sounded reasonable to me.

I assume nothing and my statement was made based solely on your statement and needed no additional assumption.

And I don't care if you say it's going lower, higher, staying the same, and my statement didn't mention that.

Re: SILVER: anything like last April?

PostPosted: Thu Mar 22, 2012 12:05 pm
by everything
I'm seeing at least a few people who are waiting patiently, I don't have much of the patience myself. And, the standard replies, that is kind of a good idea, put them in a sticky at the top, and just save your breath/time/sanity posting.

Re: SILVER: anything like last April?

PostPosted: Thu Mar 22, 2012 2:34 pm
by Cu Penny Hoarder
barrytrot wrote:CU Penny Hoarder,

uthminsta was right that my statement was primarily a broad statement about people that say, "I'll buy when X".

Your explanation of your own activity sounded reasonable to me.

I assume nothing and my statement was made based solely on your statement and needed no additional assumption.

And I don't care if you say it's going lower, higher, staying the same, and my statement didn't mention that.


I had too much caffiene this morning. I apologize.

Re: SILVER: anything like last April?

PostPosted: Thu Mar 22, 2012 2:36 pm
by Cu Penny Hoarder
uthminsta wrote:1. Friend, no one is attacking you. If you see it that way, that is unfortunate. Perhaps you are bringing something else from a previous conversation into this one, but I am reading both sides with a cool head, and I assure you... Barry is only trying to inform.

2. I'm not reassigning context. But yes, I *AM* isolating something you said because I am responding to it. If you're saying someone knows next to nothing about you, we can only gather from your words that you think his comment was only directed toward you.

3. Saying that I am "ass-u-ming" is akin to name calling. And I don't take kindly to it. Maybe I'm wrong, but I don't think others would either.


Again, I had too much caffeine this morning. I apologize.

Re: SILVER: anything like last April?

PostPosted: Thu Mar 22, 2012 2:48 pm
by uthminsta
Cu Penny Hoarder wrote:Again, I had too much caffeine this morning. I apologize.

Haha, :shock: I :shock: think :shock: maybe :shock: I :shock: did :shock: too. :shock: