Go Silver Go!

Silver on the rise again! I bet it breaks 50 this time!... Movin on up....

Originally posted by hawkiye
Silver on the rise again! I bet it breaks 50 this time!... Movin on up....

There is only so much you can do to keep prices down. you can only raise margins so many times and i think we are getting to the end of the line for raising margins on silver.

Canada closed over 43.00 so I am still doing my happy dance.

What is every one else thinking? Hold or sell?

reply to post by jude11


I wouldnt be selling anytime soon m8,silver is like a beach ball being held under water thats about to be released

I hope there's another really low dip before it skyrockets. I'd like to turn my 16oz into 50, and I'd be happy paying $32.. any less and I'd be ecstatic

um...wow!

CAD 33.69

US 32.85

Me thinks it's time to buy a little more...

I also believe this will be the last opportunity. I don't think it's going to dip like this again.

reply to post by jude11


I was just about to post this!



Thinking about buying another 16oz.. Do you prefer buying from local stores? I have only bought online.

Trailing stop loss triggers are a good thing. Bought a few hundred shares in the low 30s, a $1 trailing stop loss sold at $41 after SLV hit $42.

So far today SLV is at $31.90. The bloodletting in the stock market might not yet be over, and often bearish announcements wait for markets to close.

Wish I knew how to short or setup short buying triggers. Could've made $$ as SLV dropped 25%.

Originally posted by Dbriefed
Trailing stop loss triggers are a good thing. Bought a few hundred shares in the low 30s, a $1 trailing stop loss sold at $41 after SLV hit $42.

So far today SLV is at $31.90. The bloodletting in the stock market might not yet be over, and often bearish announcements wait for markets to close.

Wish I knew how to short or setup short buying triggers. Could've made $$ as SLV dropped 25%.

edit on 23-9-2011 by Dbriefed because: (no reason given)

Im so lost... I dont know if i should buy my body armor now or more silver.... lol

Originally posted by jessejamesxx
reply to post by jude11

 

I was just about to post this!

Thinking about buying another 16oz.. Do you prefer buying from local stores? I have only bought online.

One place I buy is here:

silvergoldbull.com...

Never had a problem.

Originally posted by camaro68ss

Originally posted by Dbriefed
Trailing stop loss triggers are a good thing. Bought a few hundred shares in the low 30s, a $1 trailing stop loss sold at $41 after SLV hit $42.

So far today SLV is at $31.90. The bloodletting in the stock market might not yet be over, and often bearish announcements wait for markets to close.

Wish I knew how to short or setup short buying triggers. Could've made $$ as SLV dropped 25%.

edit on 23-9-2011 by Dbriefed because: (no reason given)

Im so lost... I dont know if i should buy my body armor now or more silver.... lol

Body armor made of silver?

hmmm

Holy sheet!! gold down $100 and silver down 15%... this is crazy! what the word? why such a drop today.

Originally posted by Alchemst7
Holy sheet!! gold down $100 and silver down 15%... this is crazy! what the word? why such a drop today.

Silver

31.31 CAD
30.41 US

Gold

1688.21 CAD
1639.68 US

Time to buy!

If gold and silver close today as low as they are right now, it oughtta be a good weekend for both buyers and sellers of gold and silver.

The price is definitely being manipulated right now. I expect right before the closing bell today there's gonna be a nice little jump in the prices of both from where they are right now.

Peace

Originally posted by Dr Love
If gold and silver close today as low as they are right now, it oughtta be a good weekend for both buyers and sellers of gold and silver.

The price is definitely being manipulated right now. I expect right before the closing bell today there's gonna be a nice little jump in the prices of both from where they are right now.

Peace

edit on 23-9-2011 by Dr Love because: (no reason given)

There seems to be a little jump right now so good call.

For the past few months, being the optimist that I am, I've been thinking any correction from the highs would land around $36, and then level off. Wishful thinking, I know. I'm still feeling that number though.

Looking at the prices today, two things come to mind...

It's either a:

1) good time to buy

or:

2) good time to learn how to make jewelry.

Some wild moves today.
-15% at 26,16 ..........then back up at 30,21
This just might be the start of the silver rocket

im loving it \o/

I heard on TV yesterday that these drops are due to people selling off their paper gold to try and recoup major losses in the rest of their portfolios. Makes sense.

I do think there are a good number of people selling the paper to buy the physical too.

Peace

Some folks are selling to get some cash which always happens on the highs but when it drops people start buying. It really doesn't matter to me PM's are a hedge against collapse for me not an investment to try and get more fiat dollars. I'll trade paper and ink all day for gold and silver...

I quete a guy from sgs blog from the topic: 43% in 2.5 days

Tom H said...

I have not lost 43% of my silver in the last 2.5 days. I checked this morning and it is all still there. Several packages should arrive this week as well.
September 26, 2011 8:26 AM