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Silver had a boring day. Up 1 cent

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Silver had a boring day. Up 1 cent

Postby slickeast » Mon May 23, 2011 4:41 pm

Look like silver is turning out to be a woman.

not 29 and holding or 39 and holding. Silver is at 35 and holding ;)
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Re: Silver had a boring day. Up 1 cent

Postby Country » Mon May 23, 2011 5:03 pm

Consolidation is GOOD!!! Think about how much SILVER has appreciated since a year ago. Consolidation, low volatility, and quick-buck speculators moving onto something else, is exactly what is needed to repair the carnage done in this selloff. A quiet period of ACCUMULATION is done normally when others have moved on to something else for their speculations. Hopefully, SILVER will remain quiet throughout the summer. Then... SILVER can make the next magnificent move higher. If $35 is to be the base for SILVER to launch the next move higher, and if SILVER has a similar move higher as it did from $16 to $30, and then from $26 to $50, the next move higher could easily reach $70-$75. Think about what your stash would be worth at $75 spot. :mrgreen:
Last edited by Country on Mon May 23, 2011 5:44 pm, edited 1 time in total.
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Re: Silver had a boring day. Up 1 cent

Postby slickeast » Mon May 23, 2011 5:21 pm

Now that it has stabilized, I am ready to buy. Was hoping it would drop to the 20's, and it still might. With it holding steady, I feel better about buying at this level.
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Re: Silver had a boring day. Up 1 cent

Postby Country » Mon May 23, 2011 5:46 pm

slickeast wrote:Now that it has stabilized, I am ready to buy. Was hoping it would drop to the 20's, and it still might. With it holding steady, I feel better about buying at this level.



Seasonalty wise, hold some CASH back for the best buying time of the year, usually in July.... :)
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Re: Silver had a boring day. Up 1 cent

Postby Roadrunner » Mon May 23, 2011 8:14 pm

Notice that the dollar had a BIG up day today...while silver held steady.

Good sign of support for silver.
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Re: Silver had a boring day. Up 1 cent

Postby gojomoso » Mon May 23, 2011 9:30 pm

boring silver... ah well good time to buy :D
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Re: Silver had a boring day. Up 1 cent

Postby slickeast » Tue May 24, 2011 9:15 am

gojomoso wrote:boring silver... ah well good time to buy :D



Hummmm, looks like we should have bought yesterday
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Re: Silver had a boring day. Up 1 cent

Postby daviscfad » Tue May 24, 2011 9:19 am

looks like another boring day :mrgreen: when it goes up its boring cause i dont know when it is going to stop
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Re: Silver had a boring day. Up 1 cent

Postby beauanderos » Tue May 24, 2011 9:28 am

I'd be very happy with boring one to five cent increases every day during the summer :D
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Re: Silver had a boring day. Up 1 cent

Postby Country » Tue May 24, 2011 4:34 pm

Today wasn't boring - UP $1.56 TO $36.63 (up 4.45%). :mrgreen:
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