Silver prices dropping

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Silver prices dropping

Postby panther » Mon Jan 17, 2011 9:24 pm

Why? How far down do you guys think it will go? How long before it hits 30+ again? Today is looking like 5 days straight of dropping silver prices. WTF :(

(yes, noob)
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Re: Silver prices dropping

Postby Corsair » Mon Jan 17, 2011 9:25 pm

Why so disappointed about silver prices dropping? Now is a great time to pick up. I'm sure you could snag some 90% on the forums for less than 20x. That's not too bad.

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Re: Silver prices dropping

Postby Country » Mon Jan 17, 2011 9:31 pm

Think long term... Who cares what happens in a few days. If you've got the CASH (use your money not borrowed money), do some incremental buying as it corrects to lower levels periodically. Remember, SILVER is volitile, and can easily go down 20% at any time. :)
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Re: Silver prices dropping

Postby TXBullion » Mon Jan 17, 2011 9:34 pm

I think its hilarious how any investment people make, they want it to go up in value and get concerned when it starts to drop. All these guys who own a lot would get excited if it crashed to 10$ so they could "back the truck up". I used to be concerned with drops but I guess the lower the better?! Never really caught that but I think I may slowly be entering that club...

Like the one guy said in those cartoon videos "I hope silver drops to 1$ so I can buy a pool of maples"
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Re: Silver prices dropping

Postby Thogey » Mon Jan 17, 2011 9:55 pm

TXBullion wrote:I think its hilarious how any investment people make, they want it to go up in value and get concerned when it starts to drop. All these guys who own a lot would get excited if it crashed to 10$ so they could "back the truck up". I used to be concerned with drops but I guess the lower the better?! Never really caught that but I think I may slowly be entering that club...

Like the one guy said in those cartoon videos "I hope silver drops to 1$ so I can buy a pool of maples"


Hell yea!

I hate these high prices
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Re: Silver prices dropping

Postby panther » Tue Jan 18, 2011 1:43 am

ya but considering i have almost every penny i have sunk into silver right now, I need it to go up a bit or at least maintain so that I can sell it when it arrives. but yeah if it dropped id love to buy more too.. once i sell what i have while its high.
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Re: Silver prices dropping

Postby Rosco » Tue Jan 18, 2011 4:06 am

Your not Stacking if your going to sell any :? Buy more an forget price :idea:
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Re: Silver prices dropping

Postby Tantalar » Tue Jan 18, 2011 6:35 am

considering stock market was closed monday for the US, and on sunday the president of China openly states that he has no faith in the US dollar and that it is on its way out... if this doesn't sound an alarm for everyone in the US to buy silver and gold I don't know what will. I would imagine that Today (tuesday) prices would shoot up to 30+ if anyone in the US cares about their future in this country
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Re: Silver prices dropping

Postby Country » Tue Jan 18, 2011 8:30 am

PMs up smartly this morning. :mrgreen:
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Re: Silver prices dropping

Postby AGCoinHunter » Tue Jan 18, 2011 10:00 am

Tantalar wrote:considering stock market was closed monday for the US, and on sunday the president of China openly states that he has no faith in the US dollar and that it is on its way out... if this doesn't sound an alarm for everyone in the US to buy silver and gold I don't know what will. I would imagine that Today (tuesday) prices would shoot up to 30+ if anyone in the US cares about their future in this country



Couldnt agree more. The dollar is loseing, hedge yourself while you can.
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Re: Silver prices dropping

Postby NDFarmer » Tue Jan 18, 2011 11:38 am

I was buying silver a year ago when the price was in the teens and I am still buying today when the price is $30.00. I hope it does pull back to $20.00 I will buy even more.
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Re: Silver prices dropping

Postby Copper Catcher » Tue Jan 18, 2011 12:46 pm

NDFarmer wrote:I was buying silver a year ago when the price was in the teens and I am still buying today when the price is $30.00. I hope it does pull back to $20.00 I will buy even more.


I'm with you on that one NDFarmer....Sooner rather than later we all will wish we had a boat load more silver... :P
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Re: Silver prices dropping

Postby jasmatk » Tue Jan 18, 2011 5:23 pm

Im glad it is down it gives me a chance to buy at a lower price. Im in it for the long haul so I could care less up a couple down a couple.enjoy the buying chance while you can its going to be high enough soon enough
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Re: Silver prices dropping

Postby Jonflyfish » Tue Jan 18, 2011 6:08 pm

I could be 100% wrong but it looks like a pop higher in silver is now imminent
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Re: Silver prices dropping

Postby TXBullion » Tue Jan 18, 2011 6:21 pm

Jonflyfish wrote:I could be 100% wrong but it looks like a pop higher in silver is now imminent


any insight as far as percentages jff? Won't hold you to it :D
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Re: Silver prices dropping

Postby Jonflyfish » Tue Jan 18, 2011 6:47 pm

TXBullion wrote:
Jonflyfish wrote:I could be 100% wrong but it looks like a pop higher in silver is now imminent


any insight as far as percentages jff? Won't hold you to it :D


Wish I could throw some probabilities out there but someone else might hold me to it and of course that is not a good thing since this is not advice nor solicitation for trading. I'm just happy to share what I see. Right now various factors are aligning for a break higher. Maybe I'll be 100% wrong of course. :ugeek:
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Re: Silver prices dropping

Postby Tantalar » Wed Jan 19, 2011 3:45 pm

Amazing how silver shot straight up to $29.50 and then all of a sudden just fell off a cliff! I really thought we were going to see it boom. I'm considering throwing down some more $ for silver while its under $29. I guess I might as well get it while its still "cheap"
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Re: Silver prices dropping

Postby beauanderos » Wed Jan 19, 2011 9:52 pm

Tantalar wrote:Amazing how silver shot straight up to $29.50 and then all of a sudden just fell off a cliff! I really thought we were going to see it boom. I'm considering throwing down some more $ for silver while its under $29. I guess I might as well get it while its still "cheap"

can you say manipulation? Who are they kidding? The position limits aren't going to stop the banksters, only above ground complete silver depletion.
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Re: Silver prices dropping

Postby Jonflyfish » Wed Jan 19, 2011 11:31 pm

It looks like another surge higher is about to commence yet again. Perhaps this time it will be more of a one way street and stick higher.
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Re: Silver prices dropping

Postby Rodebaugh » Thu Jan 20, 2011 9:51 am

TIMBERRRRRRR!!!!

as the idiots on yahoo stock Message boards often say.
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Re: Silver prices dropping

Postby AGCoinHunter » Thu Jan 20, 2011 10:14 am

Here we go... roller coaster ride.
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Re: Silver prices dropping

Postby involuntary tentacle » Thu Jan 20, 2011 10:23 am

ag can move up or down, im still getting it.

up, and my procurement slows down

down, and i can get more.

sure, ag can hit $20 if they allow it to. but has anyone thought that no one might not want to sell it at that price?
my LCS has stated that if au drops below $1300, they will stop selling it. i wonder if anyone else will have the same attitude towards ag.
just something for the people who plan on BACKING THE TRUCK UP to think about.
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Re: Silver prices dropping

Postby Rodebaugh » Thu Jan 20, 2011 11:07 am

involuntary tentacle wrote:ag can move up or down, im still getting it.

up, and my procurement slows down

down, and i can get more.

sure, ag can hit $20 if they allow it to. but has anyone thought that no one might not want to sell it at that price?
my LCS has stated that if au drops below $1300, they will stop selling it. i wonder if anyone else will have the same attitude towards ag.
just something for the people who plan on BACKING THE TRUCK UP to think about.


Some will limit sells......but product will be there.

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Re: Silver prices dropping

Postby Jonflyfish » Thu Jan 20, 2011 1:30 pm

Buy signal at 27.45
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Re: Silver prices dropping

Postby Jonflyfish » Thu Jan 20, 2011 1:31 pm

Long at 27.45. I think this is where it might stick for a nice rally higher. Let's see...
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