Silver bounced below $14 in HK.

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Silver bounced below $14 in HK.

Postby IdahoCopper » Sun Nov 22, 2015 9:56 pm

Sunday night our time, Ag dipped to $13.97 or so. It hasn't been below $14 for quite a while.
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Re: Silver bounced below $14 in HK.

Postby reddirtcoins » Mon Nov 23, 2015 7:09 am

come on 12!
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Re: Silver bounced below $14 in HK.

Postby Cu Penny Hoarder » Mon Nov 23, 2015 8:15 am

I've been expecting it to hit the $10-12 area for a while. $8 would not surprise me. The longer it takes to come down, it should keep the premiums from rocketing upwards. I expect another "shortage" scare/meme in early 2016.

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Re: Silver bounced below $14 in HK.

Postby everything » Tue Dec 01, 2015 7:42 pm

Total sidelines. With the amount of investment silver being purchased, when the economy hits the skids again the LCS will be over flowing with this stuff. Still, I think deeper pockets are buying, and many who are in it for the long run, but its still good to see silver flying off the shelves at any price, yes, especially the fake shortages. The next one should come from copper production finding new lows in 2016.
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Re: Silver bounced below $14 in HK.

Postby 68Camaro » Tue Dec 01, 2015 7:59 pm

DCA for me. Still buying, as reasonable deals on things I like come across my horizon. I have no confidence in anyone's ability to predict a bottom. 13, 12, 11... 8, 7, 6 - or maybe we just hit it (again), who knows. What governs my concerns is my complete lack of confidence in our future ability to spend money without excessive or even unconstitutional government oversight or control, and no confidence in a liquid market actually being available with which to spend FRNs, should I have them.

But everyone needs to listen to their own inner drummer and march to that beat. If you discern something different than I do, that's your business.
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Re: Silver bounced below $14 in HK.

Postby pennypicker » Tue Dec 01, 2015 9:03 pm

Then it popped right back up again. For a while now silver seems to be finding a strong support level at $14
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