$29 SILVER SPOT

[Country]

$29 SILVER !!!!

[BOHICA]

Do I hear $30.... Do I hear $31.... $32.... $33.... Going! Going! Going UP!

[Country]

We're going to $30 SILVER real fast. Then, we'll see if SILVER really goes ballistic....

[neilgin1]

Country,
IF.....a mighty big IF, coz i am OUT of the futures market...IF, i was in Comex silver pits today, i'd be selling short with both hands....just a gut feeling, and this here post dont cost me nothing to pin up, but the long side (futures) is way vulnerable this second.....Dec at 28.91.

start pulling them in at 24.....and i'm intensely bullish silver. its too spiky.

best to you sir, neil

[neilgin1]

then again....yall probably right....30 to 31.

[Devil Soundwave]

$29 SILVER !!!!

Where did you see this? Kitco still shows 28.61...

What am I missing?

[BOHICA]

$29.12 at 0954 on BD.

[Devil Soundwave]

Cool! What's BD?

[BOHICA]

Bullion Direct: http://www.bulliondirect.com

They are a PM Dealer out of TX. I usually buy 1ozt rounds from them.

[Devil Soundwave]

Thanks man. I tend to track the dollar price on Kitco despite trading in GBP sterling as our stupid taxes mess with the clarity of the value anyway.

[Lemon Thrower]

did i just see 29.21?

[Joogaler]

Wow this is amazing! I can't believe how much it shot up today! Good thing I just made a trade for some silver!

[Country]

CORRECTION!!!

SILVER AT $28, after reaching $29.38 today...

What will happen next???

[Country]

Country,
IF.....a mighty big IF, coz i am OUT of the futures market...IF, i was in Comex silver pits today, i'd be selling short with both hands....just a gut feeling, and this here post dont cost me nothing to pin up, but the long side (futures) is way vulnerable this second.....Dec at 28.91.

start pulling them in at 24.....and i'm intensely bullish silver. its too spiky.

best to you sir, neil

You have an excellent feel for this market. Congrats on your call....

[Devil Soundwave]

Just dropped below 27 again...

[neilgin1]

Country, you wrote

"You have an excellent feel for this market. Congrats on your call.... "

thank you brother.....now if we can only get her back down to the $21-23 area, maybe we can stock up on $460 ASE rolls.

whadya think? did you ever think a $460 ASE roll would be "cheap"?

funny new world.

Best to you sir, neil

[agmoose]

Very true about stocking up at 21-23, but I'm doubtful we'll see that. If it drops below $25 I think so many people will be buying again that it keeps the price from dropping to that 21-23 range. Just my .02

[neilgin1]

Agmoose,
you might be right, coz i might just be "hoping".

its early morn, i'm sitting here, trying to game out what's next, and i checked the ebay offerings i got my eyes on, and one roll of 09 ASE's traded at 685 yesterday, $34 and a titch an oz. So i went to see if it was a newer buyer, and the buyer had 650 stars.

I cant check if this buyer had been collecting cabbage dolls, and is a recent (and scared) convert to real currency, but it did give me pause for thought, thats for sure.

It's a whole new market, that is obvious, a multi year (decade?) bull, and its not even in the crazy phase yet, by a long shot.

This weekend, with the G20 meet in Korea could go bad, there's a lot of strange and stranger stuff afoot, aand maybe i gotta adjust my thinking that anything below $30 a z, is a wise and sound purchase. (as well as 90's trading below 20X)

your .02 is good, neil

[AdamsSamoa]

ASE for 30 today at the local coin guy. I bought 3. But I have been buying 100 dollars a week for a few years..... my DCA is still under 18.