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Breaking $32

PostPosted: Tue Feb 05, 2013 10:34 pm
by slickeast
Silver just can't seem to be able to break through $32 and stay. I suspect when it does it will go to $37 quickly.

Re: Breaking $32

PostPosted: Tue Feb 05, 2013 10:36 pm
by blackrabbit
Yea it is about time for some action, hanging at a little over 30 is getting boring.

Re: Breaking $32

PostPosted: Tue Feb 05, 2013 10:59 pm
by NDFarmer
I'm still hoping for $25.00 before it takes off.

Re: Breaking $32

PostPosted: Tue Feb 05, 2013 11:00 pm
by SilverDragon72
I'd like to see a drop to 10....for just a while so that us Realcenter's can corner the silver market!!! :lol:

Re: Breaking $32

PostPosted: Tue Feb 05, 2013 11:53 pm
by NDFarmer
SilverDragon72 wrote:I'd like to see a drop to 10....for just a while so that us Realcenter's can corner the silver market!!! :lol:



That wouldn't hurt my feelings either but I think $25.00 is probably more realistic.

Re: Breaking $32

PostPosted: Tue Feb 05, 2013 11:59 pm
by highroller4321
I think you will miss the boat if you are waiting for $10 or $25.

Re: Breaking $32

PostPosted: Wed Feb 06, 2013 12:01 am
by CLINT-THE-GREAT
NDFarmer wrote:I'm still hoping for $25.00 before it takes off.


I'm with you!!! Just a little bit more hoarding. Perhaps the premium on 90% would shed itself....Walker rolls here i come!!! :wave:

-The Great

Re: Breaking $32

PostPosted: Wed Feb 06, 2013 12:07 am
by 93_Confirmed
I think $30 is the new floor and it's all todamoon from here (just at a snail's pace). I think we'll see $40 at some point this year.

Re: Breaking $32

PostPosted: Wed Feb 06, 2013 1:55 am
by TwoPenniesEarned
The scum want to buy it cheap, and the scum still run the country and the COMEX. Gensler hasn't grown a pair and announced the results of the longest "investigation" in the CFTC's history yet... So I think we're headed back into the twenties at least once more. This flood of Chinese fakes into the physical market is a very good sign. It means even the physical metals being sold to small timers are now being targeted by thieves. To me that is a sign that the physical market is getting tight with lots of interest by newbies. A good omen.

Re: Breaking $32

PostPosted: Wed Feb 06, 2013 8:50 am
by scyther
I think we'll see the 26-28 range at least once more. I just hope it doesn't breach that threshold. That would be a bad sign...

It's been in the $26-$36 range for quite some time now. It has to break out eventually. When it does, we'll know whether this bull market's really over or not...

Re: Breaking $32

PostPosted: Wed Feb 06, 2013 10:23 am
by NHsorter
I don't care which way it goes, but I wish it would do something! I am getting bored lately. A $10 drop would be cool so I can back up the truck or a $10 jump would be nice so I can unload some stuff that I don't really care to keep, but also don't want to dump at these prices. At some point soon I am hoping for some market craziness. Bring it on!

Re: Breaking $32

PostPosted: Wed Feb 06, 2013 10:33 am
by barrytrot
TwoPenniesEarned wrote:The scum want to buy it cheap, and the scum still run the country and the COMEX. Gensler hasn't grown a pair and announced the results of the longest "investigation" in the CFTC's history yet... So I think we're headed back into the twenties at least once more. This flood of Chinese fakes into the physical market is a very good sign. It means even the physical metals being sold to small timers are now being targeted by thieves. To me that is a sign that the physical market is getting tight with lots of interest by newbies. A good omen.


You don't think $30 is cheap? I do.

Re: Breaking $32

PostPosted: Wed Feb 06, 2013 10:56 am
by NDFarmer
TwoPenniesEarned wrote:The scum want to buy it cheap,


Why are you calling me scum? What did I ever do to you?

Re: Breaking $32

PostPosted: Wed Feb 06, 2013 11:41 am
by mbailey1234
Thanks to slick, I had a really weird dream last night. :lol: This post was about the last thing I read before I went to bed and I dreamed all night. I have some SLV on board and was wanting it to get to $33.50 before I dumped it. I went somewhere and when I came back and checked it it had blown clear through $40! I pulled the trigger and dumped it....then I woke up really happy and realized I had only been dreaming..... :roll: Maybe it's a premonition??

Tonight I want to continue the experiment. I think I will check out the Victoria Secret website right before I go to bed.... :shock: May want to tell my wife to sleep on the couch though... :lol:

Sweet dreams everyone!

Re: Breaking $32

PostPosted: Wed Feb 06, 2013 11:43 am
by TwoPenniesEarned
NDFarmer wrote:
TwoPenniesEarned wrote:The scum want to buy it cheap,


Why are you calling me scum? What did I ever do to you?



You know what I mean. The scum sandbaggers in JP Morgan et. al.

Of course we want it cheap! We're not stealing it from others when we buy it that way though :P

Re: Breaking $32

PostPosted: Wed Feb 06, 2013 12:01 pm
by highroller4321
Looking at the charts from the last 10 years you can see that almost every single time silver went stagnant, it turned around and shot up!

Re: Breaking $32

PostPosted: Wed Feb 06, 2013 12:03 pm
by NDFarmer
TwoPenniesEarned wrote:
NDFarmer wrote:
TwoPenniesEarned wrote:The scum want to buy it cheap,


Why are you calling me scum? What did I ever do to you?



You know what I mean. The scum sandbaggers in JP Morgan et. al.

Of course we want it cheap! We're not stealing it from others when we buy it that way though :P



Yes I knew what you meant. I was just messing with you. :lol: I agree with you ALL the markets not just silver are manipulated.

Re: Breaking $32

PostPosted: Wed Feb 06, 2013 12:09 pm
by justoneguy
if you think the price is boring now,
just wait for the summer doldrums to set in.

Re: Breaking $32

PostPosted: Wed Feb 06, 2013 12:11 pm
by NDFarmer
justoneguy wrote:if you think the price is boring now,
just wait for the summer doldrums to set in.



I hope the price goes down $3.00 to $4.00 before that happens. It will give me more of a chance to stack more.

Re: Breaking $32

PostPosted: Wed Feb 06, 2013 1:57 pm
by blackrabbit
I doubt it will drop below thirty for more than half a day. I think as soon as it goes below that some serious buying will happen all around. I know I would be tempted as soon as it hit 30.

Re: Breaking $32

PostPosted: Wed Feb 06, 2013 6:53 pm
by SilverDragon72
NDFarmer wrote:
SilverDragon72 wrote:I'd like to see a drop to 10....for just a while so that us Realcenter's can corner the silver market!!! :lol:



That wouldn't hurt my feelings either but I think $25.00 is probably more realistic.



Yeah, I know. Wishful thinking. I would welcome mid to lower 20's too! ;)

I'm buying regardless of the movement up or down...while it is still relatively cheap to acquire.

Re: Breaking $32

PostPosted: Wed Feb 06, 2013 7:00 pm
by silverflake
You have to admit gang, this is a wicked consolidation. Just keeps dragging on...When I traded a while back (a little bit) I used to love nice long consolidations - they were like wicks burning until they hit the dynamite. And the longer the wick the bigger the blast.

I hope.

Just keep stacking.

Re: Breaking $32

PostPosted: Wed Feb 06, 2013 7:08 pm
by Coppercrazy
seems like silver barely moved at all today,every time a refreshed the price it was like in a 5 cent window-I havent looked at a chart for the day-but it seemed weird to me-I dont know what it means,but my gut tells me were not going to see it under 30 again-but what do I know? It seems awful undervalued as it is,in the low 30s! :ugeek:

Re: Breaking $32

PostPosted: Thu Feb 07, 2013 7:22 pm
by NJstacker22
I believe I'm in the same boat as everyone else on here. I hold physical and paper (AGQ specifically). It's always a win/lose situation for me. When price is down, I'm typically getting slammed on AGQ (2x leveraged silver ETF).... HOWEVER, I'm buying physical on the dips. I have said it a million times (not here obviously) but I just want to see silver hit $35 so I can make some money on my AGQ holdings and from there, the POS can go wherever is pleases! But hopefully down of course :)