Silver

[Texan2]

It's gonna crash soon! Be ready boys.

see page one of this thread. you thought that when it was at $20.....

I believe there is still money to be made. When the debt ceiling gets raised it will shoot up some more.

 

[Poink88]

I am expecting it to level off at around $70.00/oz (others say it will be at $100/oz) but way more if the dollar collapses.

 

[TheDan]

I think there's a little more room in silver, but not a whole lot. Not unless the S H's the F, and it goes back to being used for currency. Last year was the time to buy silver. Now is the time to sell. What to buy right now tho? ...dunno, everything is too damn inflated. Not sure why I'm adding my two cents, because I don't like buying metals in general, lol...

 

[Texan2]

after a slight correction this week, it went over $48 today.... i see $50 by next week.

 

[Texan2]

Damn...already up over $49 this morning....

and gold is at $1535!

 

[zembonez]

see page one of this thread. you thought that when it was at $20.....

I believe there is still money to be made. When the debt ceiling gets raised it will shoot up some more.

Well... my comment was more "humor" than a prognostication.

All I think I said back then was I wasn't buying at inflated prices. I bought mine way back when it was cheap and it's not going anywhere.

There may well be money yet to be made. No crystal ball here. It will no doubt crash hard when it does.

 

[Texan2]

Gotcha....just had to poke at you a little.

 

[zembonez]

Well I wouldn't have it any other way.

No doubt the silver and gold market has surprised a lot of us! Certainly shocks me. I have a number that will trigger me to sell, but I'm not too optimistic that I'll see it. When it does finally correct, I'm jumping in to buy!

 

[tcbeavers1]

Here's a good article on it.

The Case for Silver Investment, by J. Vigilant - SurvivalBlog.com

 

[Texan2]

When it does finally correct, I'm jumping in to buy!

I agree. I have quit buying for now but if it makes a big correction I will jump all over it.

 

[TexasRedneck]

Stronger Dollar Triggers Falls in Gold, Silver - WSJ.com

From the article:

"Silver for May delivery was down $2.578, or 5.6%, at $43.500 per troy ounce in midmorning trade.
The most actively traded silver contract, for July delivery, was down $2.389, or 5.2%, at $43.695 per troy ounce."

 

[ZX9RCAM]

Stronger Dollar Triggers Falls in Gold, Silver - WSJ.com

From the article:

"Silver for May delivery was down $2.578, or 5.6%, at $43.500 per troy ounce in midmorning trade.
The most actively traded silver contract, for July delivery, was down $2.389, or 5.2%, at $43.695 per troy ounce."

Maybe it will drop some more & we can buy again........

 

[jordanmills]

Silver has been crazy the past couple of weeks.

 

[lalonguecarabine]

I thought this was supposed to be a thread about Silver?

 

[jordanmills]

Dropping like a rock today. I wonder if I can slow play some day trading...

 

[zembonez]

The freefall continues... Down about ten bucks from last week. Trading at 39.42 right now.

 

[ZX9RCAM]

The freefall continues... Down about ten bucks from last week. Trading at 39.42 right now.

Yep, & Gold is down about $50 since then too.....

 

[zembonez]

Next week will tell all. It's in free fall now, but I wonder if it will continue to drop or start leveling off?

 

[ZX9RCAM]

I would love to pick some more up at a decent price!

 

[TexasRedneck]

I would love to pick some more up at a decent price!

Hang around - there's gonna be plenty of it available soon, ah'm thinkin'.....