SILVER

[grumpy-old-man]

Yes I have been thinking for a while that we are on our way to around $30. I also see the GSR dropping back to below 50.

 

I do hope so Pixel8r, I feel that silver is so undervalued.

[Pixel8r]

I do hope so Pixel8r, I feel that silver is so undervalued.

It looks like the cartel have let it get away from them this time. The last options expiry they had someone just keep buying all the paper they could write and the price actually went up. They must be now scrabbling around trying to get physical to make good on the deliveries they are bound to be being asked for.

 

There was talk from Jim Willie that it was the Chinese and the Arabs.

[grumpy-old-man]

c'mon silver lady

 

$30 next target.....

[lowrentyieldmakessense(honest!)]

I do hope so Pixel8r, I feel that silver is so undervalued.

why they rush

 

let the price stay low and accumulate some more

[grumpy-old-man]

[Errol]

Thunder Road Report On The Imminent Surge In Silver

 

http://www.zerohedge.com/article/thunder-r...r-and-much-more

[G0ldfinger]

c'mon silver lady

 

$30 next target.....

As said many times before: call me "Silverfinger".

[grumpy-old-man]

As said many times before: call me "Silverfinger".

 

I'm sure this has already been posted (prob by you Goldfinger/Silverfinger ), but I think it warrants another 'watch':

especially from 1.05. as we already knew though....

 

From:

[grumpy-old-man]

worth watching again also:

 

 

From:

[lowrentyieldmakessense(honest!)]

they can keep these ponzi schemes longer than most think

[grumpy-old-man]

they can keep these ponzi schemes longer than most think

 

yes, the level of stupidity and greed amongst our fellow humans never ceases to amaze me.

Just when you think we have run out of stupid people, along come some more.....

 

[lowrentyieldmakessense(honest!)]

yes, the level of stupidity and greed amongst our fellow humans never ceases to amaze me.

Just when you think we have run out of stupid people, along come some more.....

I know

 

madness of crowds

 

but maybe flouride increases the madness

 

switch off the tv etc

[jerpy]

Silver looks good to take out $20 and make a big move up. Does anyone else see cup with handle in USD silver chart? The bottom of the cup is at $10 and the top at $20 which implies a powerful move up to $30.

 

Looks like it seems to be trying to take out $20 again.

[nicejim]

1.5% in 2 hours, G/S below 62...

 

 

...it's a bit quiet in here...

[nobla]

Anyone thinking of trading some silver for gold at these ratios? Im quite tempted, even with the Goldmoney charge on top

[rpitwood]

Here's an ambivalent article on silver:

 

http://www.timeslive.co.za/business/articl...-in-the-picture

 

I found it at http://www.silverbearcafe.com/private/09.10/onaroll.html

 

According to Virtual Metals, the physical market for industrial silver will remain in oversupply for the rest of this decade

 

...

 

With spot silver at the $20/oz door this is probably not the time to be buying physical silver at premium prices.

 

v.

 

Virtual Metals forecasts demand that will steadily erode the industrial demand/supply surplus coming from new technologies - photovoltaics, solar mirrors, medical, textile, radio frequency identification, water purification and food hygiene are a few Virtual Metals pinpoints. They are slated to absorb as much as a quarter of all industrial silver by the end of this decade.

 

I've looked on Virtual metals website but haven't found the source yet. It looks like a good site for GEI-type stuff. I don't think I've seen anyone refer to it before.

[G0ldfinger]

Maybe silver is finally giving in.

 

[huntergatherer]

Silver worth watching today with high of $20.54

[electroweak]

Silver worth watching today with high of $20.54

Wake me up when it hits $75.

[Pixel8r]

Anyone thinking of trading some silver for gold at these ratios? Im quite tempted, even with the Goldmoney charge on top

I wouldn't and I swapped gold for silver at 72 on the GSR. I think what is currently going on is the start of the great silver short unwind leading up to the limits set to be imposed by the CFTC next year.

 

Take a look at this graph and try to work out where the next support is.

 

 

 

[Bosworth]

Dunno. Am not a chartist. Can you give me your view?

 

[Pixel8r]

Dunno. Am not a chartist. Can you give me your view?

GF's chart above seems very good to me, but who knows really. There was a cool chart posted on lemetropolecafe.com last night and it has turned up on a youtube video today;

 

From: http://www.youtube.com/watch?v=6p893oB7rfQ

[Perishabull]

GF's chart above seems very good to me, but who knows really. There was a cool chart posted on lemetropolecafe.com last night and it has turned up on a youtube video today;

 

From: http://www.youtube.com/watch?v=6p893oB7rfQ

 

Thanks for posting this, I just bought more physical silver on friday!

[romans holiday]

Anyone thinking of trading some silver for gold at these ratios? Im quite tempted, even with the Goldmoney charge on top

Surely, it has to come down to what your percentages are. If you are sitting on mostly silver, then it makes sense to swap some of that for gold. I think even the most fervent silver bulls have something like near half their bullion in gold.... not sure about goldfinger though.

[warpig]

The last 5 seconds of that link made me laugh... Yahh... Yahhh...

 

GF's chart above seems very good to me, but who knows really. There was a cool chart posted on lemetropolecafe.com last night and it has turned up on a youtube video today;