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And They're Off
Posted:
Thu Oct 07, 2010 8:03 amby beauanderos
The gates are open... and the horses are galloping hard, looks like an interesting race today! Bet yet?
Re: And They're Off
Posted:
Thu Oct 07, 2010 11:32 amby Rodebaugh
Timber!!!!!!!
Re: And They're Off
Posted:
Thu Oct 07, 2010 12:03 pmby beauanderos
Nothing goes up in a straight line. This is just weak hands washing out, scared hands taking profits off the table. Has the dollar strengthened? Nothing has changed, in years to come you'll look back at today's action and laugh... " I was worried... about that??"
Any temporary weakness will recover rapidly, and each time it does the rebound will be quicker, manifesting the resilience of precious metals moreso than investor psychology. Today will merely provide reassurance to old-school investor types who feel that the market was overbought and needed to pullback and fill before further gains. When you run a marathon, nearly everyone slows at the rest stops for a sip of water.
Re: And They're Off
Posted:
Thu Oct 07, 2010 12:20 pmby Rodebaugh
yeah of course, but it is fun to get you worked up.....what are friends for
My main worry about PMs is another stock market washout that tugs siver back to $13.
Re: And They're Off
Posted:
Thu Oct 07, 2010 12:41 pmby beauanderos
Won't happen. And even if it does, you know what to do (back up the truck!). C'mon Cowardly Lion... have a little heart!
Re: And They're Off
Posted:
Thu Oct 07, 2010 12:45 pmby Neckro
Let it tug silver back to 13. Only idiots would pass that opportunity up
Re: And They're Off
Posted:
Thu Oct 07, 2010 12:46 pmby argent_pur
Neckro wrote:Let it tug silver back to 13. Only idiots would pass that opportunity up
+1
Re: And They're Off
Posted:
Thu Oct 07, 2010 12:53 pmby Pennysaved
If it did go back down to $13, it may be a blessing in disguise. You could back up the truck and load up.
A couple of years ago silver shot up to $20 and fell back down to around $9; that was a perfect opportunity to load up.
Re: And They're Off
Posted:
Thu Oct 07, 2010 12:55 pmby Rodebaugh
Let it be known at $13 I will not buy one ounce of silver because I would have already spent my last dollar at $14 per ounce.
The tin man needs heart......the cowardly lion needs courage……and I need a beer…..Thursdays are Fridays in my line of work.
Re: And They're Off
Posted:
Thu Oct 07, 2010 1:02 pmby Neckro
lol, if silver did drop that low and I had no cash. Bye bye gold. =D
Re: And They're Off
Posted:
Thu Oct 07, 2010 1:32 pmby Country
IT'S A BULL MARKET IN SILVER AND GOLD!!!
BUY, BUY, BUY ON THESE RARE CORRECTIONS, THEY DON'T LAST LONG.
BUY, BUY, BUY!!! 
Re: And They're Off
Posted:
Thu Oct 07, 2010 2:18 pmby agmoose
I'm hoping we see a drop to $19-20. I'll buy there. I honestly can't see a drop below $15 happening again, especially with our global economic conditions. Todays dip is likely based on alot of profit taking, rather than hard reasons.
Re: And They're Off
Posted:
Thu Oct 07, 2010 8:43 pmby fb101
For the record, my calcs show a decent floor for Silver around 17.50 +/- 0.75.
I see a soft bottom at 18.25.
This is a major bull run in metals, and we went too far too fast, we have to correct.
I personally believe about 19 is the lowest we'll see here, but I do believe I just might see $30 before 2011.
Note this: The front page on my latest numismatic news says the public is selling silver.
That would be the public that is almost always dead wrong.
It's the same public who jumped in a couple of years ago in panic and is now thankful to get out at a minor profit or break even.
Oh, well, now they can sleep peacefully.
Re: And They're Off
Posted:
Fri Oct 08, 2010 8:59 amby Country
Country wrote:IT'S A BULL MARKET IN SILVER AND GOLD!!!
BUY, BUY, BUY ON THESE RARE CORRECTIONS, THEY DON'T LAST LONG.
BUY, BUY, BUY!!!
GOING UP!!! PMs ON FIRE!!! DID YOU BUY YESTERDAY???
Re: And They're Off
Posted:
Fri Oct 08, 2010 10:08 amby Market Harmony
Country wrote:Country wrote:IT'S A BULL MARKET IN SILVER AND GOLD!!!
BUY, BUY, BUY ON THESE RARE CORRECTIONS, THEY DON'T LAST LONG.
BUY, BUY, BUY!!!
GOING UP!!! DID YOU BUY YESTERDAY???
I'm only going to buy when this bull market is confirmed at $30 silver. Otherwise, it's too risky [/sarcasm]
GET OUT THERE AND BUY THE DIPS!!!!
Re: And They're Off
Posted:
Fri Oct 08, 2010 10:35 amby Thogey
Picked up 10oz yesterday @ 226.00
Re: And They're Off
Posted:
Fri Oct 08, 2010 2:43 pmby Rodebaugh
Of course its up today......I sold about 100 ounces yesterday/today.
Re: And They're Off
Posted:
Sun Oct 10, 2010 6:00 pmby beauanderos
Ok... let's try this again (fingers crossed)
Re: And They're Off
Posted:
Sun Oct 10, 2010 6:54 pmby slvrbck
Looking real solid. . . can't wait to see where we are on Friday @ this time.
Re: And They're Off
Posted:
Sun Oct 10, 2010 6:58 pmby beauanderos
The way silver is up it wouldn't surprise me too much to see $24 on overnight trading
Re: And They're Off
Posted:
Sun Oct 10, 2010 8:04 pmby dougefresh
Overnight trading is a lot more interesting to watch these days. It even gives me something to do first thing Monday morning at the office.
Re: And They're Off
Posted:
Sun Oct 10, 2010 8:21 pmby beauanderos
dougefresh wrote:Overnight trading is a lot more interesting to watch these days.
I've read several sources that say that an Asian cartel of billionaires is in the process of busting LBMA, so it's interesting to see which side will win
Re: And They're Off
Posted:
Sun Oct 10, 2010 9:02 pmby TXBullion
Maybe it will be 26.66 ? What does this guy know that we dont?
http://houston.craigslist.org/clt/1998473471.html
Re: And They're Off
Posted:
Mon Oct 11, 2010 10:49 amby Dvorak
ASE, Libertads, Pandas & Lunars easily go for that on the bay. I would assume these are all still highly mint state semi-numi coins.
Re: And They're Off
Posted:
Mon Oct 11, 2010 11:53 amby HoardCopperByTheTon
beauanderos wrote:Nothing goes up in a straight line. This is just weak hands washing out, scared hands taking profits off the table. Has the dollar strengthened? Nothing has changed, in years to come you'll look back at today's action and laugh... " I was worried... about that??"
Any temporary weakness will recover rapidly, and each time it does the rebound will be quicker, manifesting the resilience of precious metals moreso than investor psychology. Today will merely provide reassurance to old-school investor types who feel that the market was overbought and needed to pullback and fill before further gains. When you run a marathon, nearly everyone slows at the rest stops for a sip of water.
Aw c'mon Ray, Can't you be just a little more positive?