HPCsoYESTERDAY Posted January 29, 2010 Report Share Posted January 29, 2010 Let's see if the long term trend holds. here are two interpretations of the 15-month monthly trend (close of month price only) Link to comment Share on other sites More sharing options...
TrueNorth Posted January 29, 2010 Report Share Posted January 29, 2010 I traded some gold for silver the other day when I saw how low silver was. Damn thing's gone even lower! Oh well. Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted January 29, 2010 Report Share Posted January 29, 2010 I traded some gold for silver the other day when I saw how low silver was. Damn thing's gone even lower! Oh well. the upward breakout on the GSR (pixs chart below) could be very short-lived if gold takes off again from here - the effect on silver will be a sight to behold. The fate of silver rests in golds hands once again. Link to comment Share on other sites More sharing options...
chazza Posted January 29, 2010 Report Share Posted January 29, 2010 here are two interpretations of the 15-month monthly trend (close of month price only) The first one. The second ones trendline isnt drawn correctly Link to comment Share on other sites More sharing options...
romans holiday Posted January 30, 2010 Report Share Posted January 30, 2010 Previous dip suggests a bottom around 15.50. If the long term trend holds, could be a good buying op. Link to comment Share on other sites More sharing options...
InSilverWeTrust Posted January 30, 2010 Report Share Posted January 30, 2010 Previous dip suggests a bottom around 15.50. If the long term trend holds, could be a good buying op. I actually agree with that. There were a lot of buyers around the $16 - $15.50 area in Sept/Oct 09. If I was light on Silver I'd certainly be buying around this area. Right now i'm keeping my guns out incase we go back to the old $12/$13 days. Not that I think it will make it...but just incase. I could well pull the trigger in this $16 - $15.50 area tho...it's going to be a very busy couple of weeks in the precious metals I feel! Good luck all! Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 1, 2010 Report Share Posted February 1, 2010 Anyone else intrigued by this chart? It seems as if the DJIA:Silver ratio could be a precursor of the Debt:GDP ratio. This could mean that we're possibly going to see unprecedented debt levels from here. Link to comment Share on other sites More sharing options...
Schaublin Posted February 1, 2010 Report Share Posted February 1, 2010 Very interesting. I would guess - extrapolating by scale of roughly 2:1 - and difference is X1.5 or so, would be about 900%. Is it possible for it to actually get there before hyperinflation? Link to comment Share on other sites More sharing options...
aardvark Posted February 1, 2010 Report Share Posted February 1, 2010 that graph is a bit misleading GF - the large spike in 1933(ish) is due to the GDP shrinking massively, rather than the debt expolding - still doesn't mean the right hand side won't explode upward though. Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 1, 2010 Report Share Posted February 1, 2010 that graph is a bit misleading GF - the large spike in 1933(ish) is due to the GDP shrinking massively, rather than the debt expolding - still doesn't mean the right hand side won't explode upward though. Yes, but what is the willingless of politicians to led GDP shrink rather than letting debt explode? Link to comment Share on other sites More sharing options...
aardvark Posted February 1, 2010 Report Share Posted February 1, 2010 Yes, but what is the willingless of politicians to led GDP shrink rather than letting debt explode? true, its been made clear that a shrinking gdp (the dreaded DEFLATION!!) is a terror that must not be allowed to happen. Link to comment Share on other sites More sharing options...
InSilverWeTrust Posted February 1, 2010 Report Share Posted February 1, 2010 Gold and Silver positions update - http://www.caseyresearch.com/displayGsd.php To give you an idea of how concentrated the positions of the '4 or less' or '8 or less' bullion banks are in silver... the '4 or less' bullion banks are short 294.1 million ounces and the '8 or less' bullion banks are short 340.3 million ounces of silver. These amounts represent 107.5% and 124.4% of the net short position. What this means in plain English is that if the '4 or less' and '8 or less' bullion banks weren't there as the shorts of last resort... and what I call 'not-for-profit sellers'... the price of silver would explode to the outer edges of the known universe. Link to comment Share on other sites More sharing options...
InSilverWeTrust Posted February 1, 2010 Report Share Posted February 1, 2010 Silver Crucial For WWII Bomb U.S. silver was used to make uranium bomb material during World War II. Jan 13, 2010 http://www.insidescience.org/policy/silver...l_for_wwii_bomb Link to comment Share on other sites More sharing options...
romans holiday Posted February 2, 2010 Report Share Posted February 2, 2010 Link to comment Share on other sites More sharing options...
UNSHURE Posted February 2, 2010 Report Share Posted February 2, 2010 Has anyone used the following site. It has some interesting coins and bars http://www.silvercoinsbullion.co.uk/index.php Link to comment Share on other sites More sharing options...
Concrete Jungle Posted February 3, 2010 Report Share Posted February 3, 2010 Has anyone used the following site. It has some interesting coins and bars http://www.silvercoinsbullion.co.uk/index.php Looks very similar to Sarnia. At £13.50 for a 1oz Buffalo, I decided to order 4 (the most it let me order) £3p+p = £57 for 4oz physical, not a bad price imho. I will update the thread when / if I receive the coins with my thoughts. Link to comment Share on other sites More sharing options...
romans holiday Posted February 3, 2010 Report Share Posted February 3, 2010 Could get interesting for silver here. Link to comment Share on other sites More sharing options...
glass Posted February 3, 2010 Report Share Posted February 3, 2010 has anyone traded silver on BV? Is there a VAT surcharge? I just logged in for the first time in a few month and noticed I can now buy silver. Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 3, 2010 Report Share Posted February 3, 2010 Gold:silver has breached the red line recently. Is it meaningful? Link to comment Share on other sites More sharing options...
azazel Posted February 3, 2010 Report Share Posted February 3, 2010 Gold:silver has breached the red line recently. Is it meaningful? Yer, it means your red line is in the wrong place my yellow friend Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 3, 2010 Report Share Posted February 3, 2010 Yer, it means your red line is in the wrong place my yellow friend Don't we have some tolerance interval here? Link to comment Share on other sites More sharing options...
romans holiday Posted February 4, 2010 Report Share Posted February 4, 2010 Let's see if this one holds. Link to comment Share on other sites More sharing options...
aliveandkicking Posted February 4, 2010 Report Share Posted February 4, 2010 Let's see if this one holds. Silvers fortunes are probably tied to coppers. Link to comment Share on other sites More sharing options...
romans holiday Posted February 4, 2010 Report Share Posted February 4, 2010 Silvers fortunes are probably tied to coppers. As an aside until yesterday one of the three phases of my sealed mains electric switch was fused closed and the electrician rather than just opening it up, as i did while he was there, just fitted a new one at the cost of 250 - 300 euros and said he could not trust it would happen again. He seemed surprised it was working after i fiddled with it and he had already bought the parts. I protested that the switch used silver and would last more or less for ever After he had gone i smashed up the switch and saw the silver contacts were more or less as good as new and only the grease from the mechanism had caused the silver to fuse in a tiny area. Even so i threw the silver parts away. I already have too much stuff. I suppose there would be about a total of 10 -30 grammes of silver in the 6 contacts of the switch. By the way RH all of those older style white light switches that tend to be a bit loose in NZ houses have silver flattened 'wires' and contact parts. Yes, I imagine silver will be doing a lot of switching in the future... up, down... up, down... Now in dollars [trading account] waiting to switch to silver.... Link to comment Share on other sites More sharing options...
chazza Posted February 4, 2010 Report Share Posted February 4, 2010 Woosh. Support at $15.70. Then I'm $8.55 bid... Link to comment Share on other sites More sharing options...
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