Silver - what's next? $40 or $50

[Lemon Thrower]

options expiration Thurs.

is a smackdown in the works for the near future?

will we see $40 first before $50?

I am starting to think so.

[slickeast]

PM's are getting b**ch slapped today.

[neilgin1]

daily bar chart says 50.

all the scheiss they're throwing at it, and its only down a dollar and change?

boy, what i wouldnt give for a 700 mln hedge fund to put the fear of God in 'em! lolz.....

[hejira11]

40

[MikeyPooh]

$40 first. The beat down has begun. OpEx Thurs, Bernanke opens his pie hole at Jackson Hole on Friday then it's off to the races.

[Know Common Cents]

Four Oh

Fifty will happen again, but my (revised) guess is now October. Ag has too many factors working against it for the moment. I'm patient, however. I bought silver when it wasn't cool at all. I remember a dealer at a major coin show poking fun at me for buying Prospector silver rounds at $7.33 each. He said I'd probably see a positive return on my investments by 2050 or later. Even silver at $40/oz is a great thing.

[Oakair]

40...but it wont stay below for more than an hour max...

[neilgin1]

good call ya'll.....told ya, i'm a terrible market timer.

[coppertone]

I guess we have our answer. Tried to buy on Monday but E-Bays bids were unreasonable, trying again today, hopefully I will find some better deals.

[68Camaro]

Managed to catch the near low in paper silver - stopped going down midway between two targets, so caught 3 on way down.

[beauanderos]

Managed to catch the near low in paper silver - stopped going down midway between two targets, so caught 3 on way down.

I picked up 200 shares of NUGT today at $34(missed the low by 32 cents)... finished at $35.05... will ride this bronco for a lot longer than eight seconds This puppy was barkin at $40 three days ago