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SILVER WAS $18-$20, WAS $21, WAS $22, NOW $23+

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

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SILVER WAS $18-$20, WAS $21, WAS $22, NOW $23+

Postby Country » Wed Aug 14, 2013 8:52 pm

The best part of a PM rise from the ashes is that so many are convinced that the trend is down. Sentiment is terrible. If this run is for real, and I think it is, a rally to $26 SILVER is in short order. We shall see how it plays out in the coming weeks.

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Re: SILVER WAS $18-$20, NOW $21+

Postby scyther » Thu Aug 15, 2013 2:14 am

Here's hoping. I am so glad I bought that bar now. I would have been kicking myself for not buying anything right now.
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Re: SILVER WAS $18-$20, WAS $21, NOW $22+

Postby Country » Thu Aug 15, 2013 12:04 pm

Country wrote:Melt up in progress... The black hole from $26 to $22 on the way down should be the void of resistance on the way up! If so, the jump higher will be very quick indeed... :mrgreen:

GOLD cruising above $1350 will be the catalyst...

GOLD NOW $1366 !!


SILVER NOW $22.97 !!

I do not believe PM gaps will need to be filled, as we are coming out of the PM black hole in a violent way. As the PM momentum increases, resistance levels above will be taken out quickly. The US stock market looks weak. Sentiment, ever so bullish for so long, appears to be collapsing. Sometimes it's all about sentiment, and the herd moves in a panic one way or another. :|
Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves. All things are bound together. All things connect. ~Chief Seattle, 1855
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Re: SILVER WAS $18-$20, WAS $21, NOW $22+

Postby rsk1963 » Thu Aug 15, 2013 12:52 pm

well its been a long time coming.... but several months ago I started buying uslv when I had extra funds once it went sub $10 the bulk of my were filled between 7.75-8.25. And when we went sub 5 (for a few moments I was thinking god... you are a moron.) now I can look my family in the face again.
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Re: SILVER WAS $18-$20, WAS $21, NOW $22+

Postby SoFa » Thu Aug 15, 2013 1:07 pm

Country wrote:
Country wrote:Melt up in progress... The black hole from $26 to $22 on the way down should be the void of resistance on the way up! If so, the jump higher will be very quick indeed... :mrgreen:

GOLD cruising above $1350 will be the catalyst...

GOLD NOW $1366 !!


SILVER NOW $22.97 !!

I do not believe PM gaps will need to be filled, as we are coming out of the PM black hole in a violent way. As the PM momentum increases, resistance levels above will be taken out quickly. The US stock market looks weak. Sentiment, ever so bullish for so long, appears to be collapsing. Sometimes it's all about sentiment, and the herd moves in a panic one way or another. :|


Every gap in SLV gets filled. It's the one thing that can be counted on.
It took a couple years or so to fill that gap at 18-19, but sure enough it did get filled.
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