Van Posted December 21, 2012 Report Share Posted December 21, 2012 This last week has absolutely crushed the bulls and turned the medium trend down. Silver been relentlessly hammered since that QE3.5 announcement and reversal last Thursday. 6 heavy losing sessions in a row losing over 10%, quite possibly that it could be extended to a 7th session. Getting painful. Link to comment Share on other sites More sharing options...
wee Jinky Posted December 21, 2012 Report Share Posted December 21, 2012 Its manna from heaven for stackers those who know where the silver prices are going will take full advantage Link to comment Share on other sites More sharing options...
G0ldfinger Posted January 1, 2013 Report Share Posted January 1, 2013 http://gold.approximity.com/since1999/LBM_Silver_Turnover.html Link to comment Share on other sites More sharing options...
G0ldfinger Posted January 1, 2013 Report Share Posted January 1, 2013 Exclusive for GEI readers: The silver price forecast which stems from a regression analysis based on the gold forecasts in http://www.greenenergyinvestors.com/index.php?showtopic=2874&st=29760#entry265717 is 2013-06-24 at $70.69 and 2015-01-29 at $175.38. Link to comment Share on other sites More sharing options...
drbubb Posted January 6, 2013 Report Share Posted January 6, 2013 Possible LOW in place SLV / Silver etf ... Two year chart : 5years : 6months : 10days : Latest Jan. 2013: On Friday, SLV dipped below the Uptrend line, but then clawed its way back above it. It looks like a classic V bottom to me, including the common "scary" opening gap down Link to comment Share on other sites More sharing options...
drbubb Posted January 10, 2013 Report Share Posted January 10, 2013 Review of Silver and Gold related etfs AGQ / 2x Silver ... update : 6mos AGQ could easily fall a bit further, like to the summer "breakout point" of $40. USLV / 3x Silver ... 2 years : 6mos Funnily enough, USLV (unlike AGQ) has touched the Uptrend line. SLV / Silver etf ... 3 years : 6mos SLV has already touched the uptrend line a few days ago near $28.60. GLD / Gold etf ... 12mos : 6mos The selling is running out of steam. Look closely. The very last low was on LIGHT volume. The selling may be done. And if Gold rises, so should Silver, and the silver etfs. Link to comment Share on other sites More sharing options...
emel Posted January 13, 2013 Report Share Posted January 13, 2013 The selling is running out of steam. Look closely. The very last low was on LIGHT volume. The selling may be done. And if Gold rises, so should Silver, and the silver etfs. I certainly hope so, the recent activity in AGQ has been brutal. It is certainly not for the faint-hearted. The only positive was that I was on vacation for a lot of it, so wasn't paying attention to the blood bath every day. Right now, my original plan to exit my position in mid-Feb is pretty much in tatters. I was expecting the well-established seasonality in the PM markets to be the main driver. This doesn't seem to be the case. However, this recent activity doesn't affect my belief in the long term fundamentals, and I will begin buying again this week. Longer term, my big worry is now that I will need these funds later this year as a down-payment for a house. I have a feeling I will miss out on the main action in the next couple of years. Link to comment Share on other sites More sharing options...
Perishabull Posted January 13, 2013 Report Share Posted January 13, 2013 SLV has just completed a nice ABCD move. I'm increasing my position on gold at the moment, and would look for silver to move higher also from this point. (log) Link to comment Share on other sites More sharing options...
romans holiday Posted January 14, 2013 Report Share Posted January 14, 2013 I certainly hope so, the recent activity in AGQ has been brutal. It is certainly not for the faint-hearted. The only positive was that I was on vacation for a lot of it, so wasn't paying attention to the blood bath every day. Right now, my original plan to exit my position in mid-Feb is pretty much in tatters. I was expecting the well-established seasonality in the PM markets to be the main driver. This doesn't seem to be the case. However, this recent activity doesn't affect my belief in the long term fundamentals, and I will begin buying again this week. Longer term, my big worry is now that I will need these funds later this year as a down-payment for a house. I have a feeling I will miss out on the main action in the next couple of years. You bought near the bottom of the consolidating phase, so there was always a good chance, given the volatility, that the price would continue to consolidate in the short term. It is in the medium/ long term that confidence is more well-placed towards an increase in the price [assuming silver/ gold is in a bull market]. When silver strengthens again, the short term paper loss will be eaten up very quickly. Stick with it. Check out the 200 MWA for silver; above 26. Link to comment Share on other sites More sharing options...
emel Posted January 14, 2013 Report Share Posted January 14, 2013 You bought near the bottom of the consolidating phase, so there was always a good chance, given the volatility, that the price would continue to consolidate in the short term. It is in the medium/ long term that confidence is more well-placed towards an increase in the price [assuming silver/ gold is in a bull market]. When silver strengthens again, the short term paper loss will be eaten up very quickly. Stick with it. Yeah, i will. My long term physical (Goldmoney) strategy is unchanged. It's just my shorter term AGQ plans which will need to evolve. Nice graph by the way, puts things into perspective well. Link to comment Share on other sites More sharing options...
drbubb Posted January 18, 2013 Report Share Posted January 18, 2013 U.S. Mint Silver Coins Run Out as Buying at 5-Year High Bloomberg - 5 Hours ago The U.S. Mint sold out of 2013 American Eagle silver coins at a time when investors bought the most metal in five years through the biggest exchange-traded product. The mint’s sales are “temporarily” Link to comment Share on other sites More sharing options...
Perishabull Posted January 19, 2013 Report Share Posted January 19, 2013 Silver - 3 year The trend suggests that the bulls won't have to wait long before lift off... Link to comment Share on other sites More sharing options...
drbubb Posted January 20, 2013 Report Share Posted January 20, 2013 High Margin Requirements Are Killing The Silver Market Zero Hedge - 2 Hours ago By EconMatters The CME raising margins for Silver Futures to such a degree that relative to market price, futures multiplier, and physical demand by consumers is just too high has basically killed Link to comment Share on other sites More sharing options...
callmejoe Posted January 20, 2013 Report Share Posted January 20, 2013 http://www.silverdoctors.com/is-ted-butlers-silver-panic-imminent-apple-contractor-claims-new-imac-production-delayed-over-silver-shortage/ Is Ted Butler’s Silver Panic Imminent? Apple Contractor Claims New iMac Production Delayed Over Silver Shortage! Link to comment Share on other sites More sharing options...
notinformation Posted January 21, 2013 Report Share Posted January 21, 2013 physical price seems to be making a move over the last few days i didn't order that much honest http://www.coininvestdirect.com/en/silver_coins/britannia-2-pounds-1oz-silver-2013.html Link to comment Share on other sites More sharing options...
romans holiday Posted January 22, 2013 Report Share Posted January 22, 2013 Telling time for silver: Link to comment Share on other sites More sharing options...
notinformation Posted January 23, 2013 Report Share Posted January 23, 2013 physical price movement maybe starting to disengage from the paper rigged market http://www.coininvestdirect.com/en/silver_bullion/1kg-silver-bullion-1000g-1000gr-silver-bar.html Link to comment Share on other sites More sharing options...
romans holiday Posted January 25, 2013 Report Share Posted January 25, 2013 This chart showing the relation between silver's short term volatility and its strengthening over the long term [the 200 MDA] should lead to the arguably obvious conclusion; precious metals will not act as 'inflation hedges' - with simply explosive moves up in price - but rather they will steadily appreciate in the aggregate being not simply [hyper] inflation hedges but currency hedges. Some have been predicting this quite unmysterious move in price for years. Link to comment Share on other sites More sharing options...
romans holiday Posted January 25, 2013 Report Share Posted January 25, 2013 An explosive move up [towards 90] on its way soon? But then it's not leveraging the price of silver, more just reflecting it. Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 15, 2013 Report Share Posted February 15, 2013 This might be the last time we have sub-$30 silver this millenium (and the next). Call me Silverfinger! Link to comment Share on other sites More sharing options...
Perishabull Posted February 15, 2013 Report Share Posted February 15, 2013 This might be the last time we have sub-$30 silver this millenium (and the next). Call me Silverfinger! That's fine, but what about the rest of us who aren't immortal? Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 17, 2013 Report Share Posted February 17, 2013 That's fine, but what about the rest of us who aren't immortal? Now that even Bubb has finally turned into a devout follower of his "Pied Piper", Bubb's disciples (="us"?) should submit themselves as well. You'll then know what to do. Link to comment Share on other sites More sharing options...
Perishabull Posted February 17, 2013 Report Share Posted February 17, 2013 Now that even Bubb has finally turned into a devout follower of his "Pied Piper" I must have missed that! Link to comment Share on other sites More sharing options...
Manual labourer Posted February 22, 2013 Report Share Posted February 22, 2013 How low will silver have to go, to shake it self free of the Weak Hands ? At what price will it really start to hurt the majority of weak hands? Regards ML Link to comment Share on other sites More sharing options...
Gatesy Posted February 23, 2013 Report Share Posted February 23, 2013 How low will silver have to go, to shake it self free of the Weak Hands ? At what price will it really start to hurt the majority of weak hands? Regards ML I have a buy order in at $26.40. Probably therefore guaranteed never to get there.... Link to comment Share on other sites More sharing options...
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