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Imminent Silver Rally

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.

Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.
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Re: Imminent Silver Rally

Postby Country » Tue May 10, 2011 4:32 pm

JonFly - I like your posts and look forward to seeing how you scope out the SILVER market. Please keep your posts coming. Thanks for your insight. :)
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: Imminent Silver Rally

Postby Jonflyfish » Tue May 10, 2011 8:38 pm

Theo, Lemon T and Country- Thank you all for the kind words of encouragement. Always look forward to reading each of your comments about the market. this is a truly fantastic forum with members who offer so much value and variety of perspective. Theo and LT made specific comments about the challenges with sorter term trading. Both of you have found where the big money is made- the big trends. Swings and scalps are more geared for those who are involved in the markets full time.
Wish y'all the best of success.
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Re: Imminent Silver Rally

Postby Jonflyfish » Wed May 11, 2011 12:47 pm

Building a long position now from $35.27
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Re: Imminent Silver Rally

Postby Jonflyfish » Wed May 11, 2011 1:07 pm

Added @ $35.04
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Re: Imminent Silver Rally

Postby Jonflyfish » Thu May 12, 2011 1:15 am

We doubled our long silver position @ $34.01
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Re: Imminent Silver Rally

Postby Jonflyfish » Thu May 12, 2011 7:27 am

The core position rally is likely to commence now.
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Re: Imminent Silver Rally

Postby Country » Thu May 12, 2011 11:48 am

This extreme daily volatility is going to scare away many SILVER investors. While it's great for those playing swings and scalps, I think a longer term investor has to wait and see where the chips fall right now. IMHO, there may be a better opportunity to buy this summer when the speculation swings in SILVER end. Personally, I'm holding what I've got and taking a wait and see attitude.
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: Imminent Silver Rally

Postby Jonflyfish » Thu May 12, 2011 11:57 am

Country- Good points. Have been hearing many reports about retail investors being stung after buying the blowoff peak during the media hype then flushing out on the big dipper.
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Re: Imminent Silver Rally

Postby Jonflyfish » Wed May 25, 2011 2:05 pm

Jonflyfish wrote:The core position rally is likely to commence now.
Cheers

We closed some of our long silver position @ $37.92

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Re: Imminent Silver Rally

Postby 68Camaro » Wed May 25, 2011 3:38 pm

Likewise did I at PSLV=17.25. Next stop is set at 18.00.
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Re: Imminent Silver Rally

Postby beauanderos » Wed May 25, 2011 3:52 pm

Been selling some Hecla and PAAS shares into this rally. Feel safer in cash for the time being, until we see what happens at the end of June.
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Re: Imminent Silver Rally

Postby Country » Wed May 25, 2011 5:12 pm

Hmmmmm... Awful lot of worriers here. Could SILVER climb to new highs due to the WALL OF WORRY?
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Re: Imminent Silver Rally

Postby Jonflyfish » Wed May 25, 2011 11:13 pm

We took additional gains on our core long silver position @ $38.42 and will leave the remaining at break-even.
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