warpig Posted October 30, 2009 Report Share Posted October 30, 2009 You need something more advanced than BV to time your buys. The chart below has just enough info IMO and you can `get your crayons out` and annotate if you want to. StockCharts Who has a favourite live silver chart? - something easy like the BV gold charts please. Link to comment Share on other sites More sharing options...
azazel Posted October 30, 2009 Report Share Posted October 30, 2009 Damn it! - Right in the middle of the olive picking rush. (It's this lousy quality of life we have in Portugal according to the latest country by country stats.) A thousand thxs for all the input guys. Who has a favourite live silver chart? - something easy like the BV gold charts please. I'm sure I could adjust to Kitcos given time, if I must. What about the Bullion Vault charts for silver? Go to the BV chart and click "metal" in the left hand corner and then select silver. Link to comment Share on other sites More sharing options...
Wanderer Posted October 30, 2009 Report Share Posted October 30, 2009 Just a thought, but does the continued absence of recent silver sammy sightings mean that a top has been reached for Silver for the time being? Link to comment Share on other sites More sharing options...
drbubb Posted October 30, 2009 Report Share Posted October 30, 2009 GDX: -5.94% today I am so glad that I have been aggressively selling my precious metals share. I own Puts on GDX, and sold some at more than 2x cost Link to comment Share on other sites More sharing options...
TrueNorth Posted October 30, 2009 Report Share Posted October 30, 2009 Silver £9.86 at goldmoney. It's on sale! Link to comment Share on other sites More sharing options...
Pixel8r Posted October 30, 2009 Report Share Posted October 30, 2009 Jim Willie talking about how PMs are currently on sale. Some interesting graphs too. Golden Accumulation Opportunity - By Jim Willie CB Link to comment Share on other sites More sharing options...
TrueNorth Posted October 30, 2009 Report Share Posted October 30, 2009 Anybody got a chart of the gold:silver ratio? Bob Hoye just said it's at 64! Link to comment Share on other sites More sharing options...
Pixel8r Posted October 30, 2009 Report Share Posted October 30, 2009 Anybody got a chart of the gold:silver ratio? Bob Hoye just said it's at 64! Click this link; http://www.goldpreciousmetals.com/ratios.asp Link to comment Share on other sites More sharing options...
TrueNorth Posted October 30, 2009 Report Share Posted October 30, 2009 Thanks very much Pixel8r. Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted October 30, 2009 Report Share Posted October 30, 2009 I have been looking at monthly, weekly, daily, and 8 hourly support and resistance lines for silver and there is a large confluence of lines around the current price; i wont post the graph as it is a mess. However, my interpretation of the graph lines suggest that silver could be very sticky on the way down from here, reluctant to go lower below 16ish. I will watch with interest over the next few weeks Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted October 30, 2009 Report Share Posted October 30, 2009 Anybody got a chart of the gold:silver ratio? Bob Hoye just said it's at 64! I don't bother listening to BH anymore - I have found that trusting my own judgment is far better (live by the sword and die by the sword etc.) Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted October 30, 2009 Report Share Posted October 30, 2009 I have been looking at monthly, weekly, daily, and 8 hourly support and resistance lines for silver and there is a large confluence of lines around the current price; i wont post the graph as it is a mess. However, my interpretation of the graph lines suggest that silver could be very sticky on the way down from here, reluctant to go lower below 16ish. I will watch with interest over the next few weeks Crikey - Jim Willie agrees with me (is that a good thing? ) Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted October 30, 2009 Report Share Posted October 30, 2009 Jim Willie talking about how PMs are currently on sale. Some interesting graphs too. Golden Accumulation Opportunity - By Jim Willie CB der - just seen this myself of 321gold prior to seeing your post pix Link to comment Share on other sites More sharing options...
InSilverWeTrust Posted October 30, 2009 Report Share Posted October 30, 2009 The ultimate problem they have is the grossly inadequate silver supply in physical form. They more they offer silver at a deep discount, the more they drain their physical supply for delivery, and the more they tighten the noose around their own necks. Golden Accumulation Opportunity - By Jim Willie CB US Mint Silver Bullion Sales Top Annual Record The continuing heavy demand for precious metals has pushed annual sales of the United States Mint's American Silver Eagle bullion coin to an all time high. The number of one ounce silver coins sold to date already exceeds the previous record level reached in the previous year. The American Silver Eagle has been issued since 1986 as the official silver bullion coin of the United States. Each coin's weight, content, and purity are guaranteed by the government. In the time period since the coin's initial release, more than 190 million coins have been sold. Beginning in 2008, the demand for coins increased dramatically and left the US Mint struggling to keep up. Last year the US Mint was forced to suspend sales of the Silver Eagle for brief time and then resume sales on an allocated basis. Authorized purchasers, who can order the coins directly from the Mint, were limited in the number of coins they could receive. Despite the suspension and allocations, by the end of the year 19,583,500 coins had been sold. This easily exceeded the previous annual record sales of 10,475,500 coins sold in 2002. This year, the US Mint has already sold 22,092,500 Silver Eagles to date. With more than two months to go, the total annual sales will likely exceed 25 million coins http://news.coinupdate.com/us-mint-silver-...ual-record-006/ How long can all this go on?? Link to comment Share on other sites More sharing options...
G0ldfinger Posted October 30, 2009 Report Share Posted October 30, 2009 Anybody got a chart of the gold:silver ratio? Bob Hoye just said it's at 64! http://gold.approximity.com/gold-silver_watch.html Link to comment Share on other sites More sharing options...
G0ldfinger Posted October 30, 2009 Report Share Posted October 30, 2009 Just a thought, but does the continued absence of recent silver sammy sightings mean that a top has been reached for Silver for the time being? He was already a weak performer during the sell-off down to $10. Not sure what it all means. Link to comment Share on other sites More sharing options...
Pixel8r Posted October 30, 2009 Report Share Posted October 30, 2009 der - just seen this myself of 321gold prior to seeing your post pix Come on who are you trying to kid Link to comment Share on other sites More sharing options...
azazel Posted October 30, 2009 Report Share Posted October 30, 2009 Evening all. Has anyone used Bairds to buy silver wire? http://goldline.co.uk/industrialProductsPage.page I was considering getting some 999 hopefully, to make hifi cables. Link to comment Share on other sites More sharing options...
id5 Posted October 31, 2009 Report Share Posted October 31, 2009 Evening all. Has anyone used Bairds to buy silver wire? http://goldline.co.uk/industrialProductsPage.page I was considering getting some 999 hopefully, to make hifi cables. I buy silver wire from a couple of different companies azael, I will assume you are talking a round cross-section but how long and what diameter? Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted October 31, 2009 Report Share Posted October 31, 2009 this is a chart of the upper monthly (last 4 years) channel line with hi-lows there seems to be an abundance of $bulls on gei at the moment so it will be interesting to see where we are with silver at the end of next month; i am really struggling to see silver drop significantly from here but time will tell. Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted October 31, 2009 Report Share Posted October 31, 2009 looking at the relationship between gold and silver in 2002-04, gold pulled away from silver (relatively) only for silver to catch up later and get slapped down again (but maintaining a closer gap thereafter): whereas today, following the crash of 08 silver has yet to catch up with gold again. I am not reading too much into this but it is interesting nevertheless: Link to comment Share on other sites More sharing options...
Pixel8r Posted October 31, 2009 Report Share Posted October 31, 2009 this is a chart of the upper monthly (last 4 years) channel line with hi-lows there seems to be an abundance of $bulls on gei at the moment so it will be interesting to see where we are with silver at the end of next month; i am really struggling to see silver drop significantly from here but time will tell. Same here. It appears there is lots of $bulls because they are expecting another round of deflation, with the stock market falling and the dollar gaining. James Turk made an interesting observation the other day when he posted this article; http://www.fgmr.com/hyperinflation-watch-o...er-21-2009.html It showed that really the stock market had been increasing due to the start of the current round of Quantitative Easing and by the same amount. If you look at the graph below, it shows that really the stock market hasn't really gone up, but increased by the amount of debt being monetized. Makes sense when you think about it, create more money and anything that is valued in fiat should increase by the amount they have they have created. So I guess stocks have been looking like they are really going up, when in fact they haven't really changed but have maintained their current ratio to fiat. So the dollar bulls/stock market bears should be asking themselves what would happen if they announce a new round of QE, which is highly likely IMO. Due to the actions of the cartel gold and silver have not increased by the same amount yet, but soon will IMO. The cartel has been selling short lots of paper gold and silver to control the price, a kind of quantitative easing of gold and silver which has been backed by the FED. This is a problem for the cartel only if they get actually asked for physical gold and silver, as obviously they actually can't be created out of thin air like dollars or paper contracts. I believe their bluff is about to be called and they are being asked for the physical to back up their paper contracts. There are lots of reports of the physical market getting very tight, secret cash settlement offers 25% over spot and borrowed GLD / bottom of the barrel supplies being made available to cancel contracts. What with the chinese and other central banks around the world now starting to buy rather than sell the situation can not carry on too long. Central banks of the world have been making up for years the difference between supply and demand, this has now stopped and is actually starting to reverse. This can be seen on the graph below, which was originally posted by Warpig. I think the markets of gold and silver are going to surprise even the bulls over the coming months. Link to comment Share on other sites More sharing options...
azazel Posted October 31, 2009 Report Share Posted October 31, 2009 I buy silver wire from a couple of different companies azael, I will assume you are talking a round cross-section but how long and what diameter? I think about 50 meters of 1mm diameter wire. Is it 999? Is bairds the best place to get it from? Does it cost much more than bars for the same weight? I was thinking of 3 cores for the ballanced interconnects and whatevers left for the speaker cables, which I could increase if it didnt look thick enough. thanks id5 Link to comment Share on other sites More sharing options...
Mr Pipples Posted October 31, 2009 Report Share Posted October 31, 2009 I think the markets of gold and silver are going to surprise even the bulls over the coming months. Thursday, October 29, 2009 Gold Market Reaching The Breaking Point by Eric deCarbonne Link to comment Share on other sites More sharing options...
id5 Posted October 31, 2009 Report Share Posted October 31, 2009 I think about 50 meters of 1mm diameter wire. Is it 999? Is bairds the best place to get it from? Does it cost much more than bars for the same weight? I was thinking of 3 cores for the ballanced interconnects and whatevers left for the speaker cables, which I could increase if it didnt look thick enough. thanks id5 For that sort of length of sleeved wire try hificollective I have used them before or AudioNote I haven't tried them yet. Link to comment Share on other sites More sharing options...
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