huntergatherer Posted February 20, 2012 Report Share Posted February 20, 2012 I just watched Larry's latest; he expects the $26 low to be taken out. Silver bear market to $16 it could be then. Link to comment Share on other sites More sharing options...
warpig Posted February 20, 2012 Report Share Posted February 20, 2012 Silver bear market to $16 it could be then. Link to comment Share on other sites More sharing options...
huntergatherer Posted February 20, 2012 Report Share Posted February 20, 2012 Of course if it did reach that level you probably wished you took profits or swapped for Au around $49 Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 20, 2012 Report Share Posted February 20, 2012 Beep, beep, beep, beep. (Already backing up the truck, just in case. ) Link to comment Share on other sites More sharing options...
romans holiday Posted February 20, 2012 Report Share Posted February 20, 2012 Beep, beep, beep, beep. (Already backing up the truck, just in case. ) Hang on a sec. Silverfinger well and truly backed up his truck long ago. Don't you think you are over-stating your case here?? I imagine you are in fact backing up your brief-case in order to convert your monthly wages to metal. Me? Just sold goooold in order to put another buy order on a leveraged silver ETF [with silver at around 30]. If it works out, imagine I'll be the first to sell once silver hits 100. There's an exit strategy for you. Link to comment Share on other sites More sharing options...
stunlee Posted February 21, 2012 Report Share Posted February 21, 2012 Silver bear market to $16 it could be then. I think that is extremely unlikely. Sadly the only thing that I can back up to the nearest silver warehouse is a pathetic little remote controlled car with a little carry case superglued to the top. Even if it could take a couple of kilos of silver it would probably more than likely fall over under the weight. Silver would be an absolute screaming buy at 30.70 or 31, the support from September to November last year, and that after the promise of three more years of zero interest rates. Link to comment Share on other sites More sharing options...
warpig Posted February 21, 2012 Report Share Posted February 21, 2012 I'm sure you'd love everyone to sell their silver, it's not going to happen. http://www.youtube.com/watch?v=tgzvx1jQXEI Of course if it did reach that level you probably wished you took profits or swapped for Au around $49 Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 21, 2012 Report Share Posted February 21, 2012 Hang on a sec. Silverfinger well and truly backed up his truck long ago. I might trade in some gold if a bargain like that came along. Link to comment Share on other sites More sharing options...
warpig Posted February 21, 2012 Report Share Posted February 21, 2012 Link to comment Share on other sites More sharing options...
huntergatherer Posted February 22, 2012 Report Share Posted February 22, 2012 Rounding Top Pattern In Silver. Reversal Or Continuation? The current pattern in silver is a rounding top and it is often labeled a reversal formation. http://www.istockanalyst.com/finance/story/5673540/rounding-top-pattern-in-silver-reversal-or-continuation Link to comment Share on other sites More sharing options...
romans holiday Posted February 22, 2012 Report Share Posted February 22, 2012 Rounding Top Pattern In Silver. Reversal Or Continuation? The current pattern in silver is a rounding top and it is often labeled a reversal formation. http://www.istockanalyst.com/finance/story/5673540/rounding-top-pattern-in-silver-reversal-or-continuation Are you shorting? Link to comment Share on other sites More sharing options...
huntergatherer Posted February 22, 2012 Report Share Posted February 22, 2012 Are you shorting? No-shortages of silver. Article is six days old and price moved beyond $33.50 ($34.26 at present) Just a healthy challenge to the silver longs. Link to comment Share on other sites More sharing options...
romans holiday Posted February 23, 2012 Report Share Posted February 23, 2012 No-shortages of silver. Article is six days old and price moved beyond $33.50 ($34.26 at present) Just a healthy challenge to the silver longs. It's OK to be bearish on silver. But if you have no skin in the game, what's the point of making permanently bearish calls on silver? Surely not to just irritate those who do have skin in the game? Or if long silver and playing the devil's advocate then your posts won't be taken seriously. Link to comment Share on other sites More sharing options...
warpig Posted February 23, 2012 Report Share Posted February 23, 2012 I think this about sums him up. Surely not to just irritate those who do have skin in the game? Link to comment Share on other sites More sharing options...
romans holiday Posted February 23, 2012 Report Share Posted February 23, 2012 A higher high looks to confirm the bottom is in. A retracement to around 30 looks possible over the next month before heading higher. Link to comment Share on other sites More sharing options...
huntergatherer Posted February 24, 2012 Report Share Posted February 24, 2012 FYI. Bought Ag at $8.81. Hedged profits by swapping at $49. Original Au core position at $600 (house deposit) now $1773. Bought and continued to buy when others were selling at less than $18 prior to the run up to $49. (Did not listen to the silver bears at time.) Also bought Ag in 2008 prior to low at $16 and sold for profit on rebound with strong dollar/weak pound with core position doubled up at $900 now $1773. There are always bearish/bullish views in any given market at any point in time and we are all entitled to seek out those views should any one wish to do so. Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 25, 2012 Report Share Posted February 25, 2012 I've tripled my Silver Wheaton holdings recently. Link to comment Share on other sites More sharing options...
halight Posted February 25, 2012 Report Share Posted February 25, 2012 Eric Sprott: Will silver miners save the silver price? http://www.stockopedia.co.uk/content/eric-sprott-will-silver-miners-save-the-silver-price-64250/ This is worth a read. Link to comment Share on other sites More sharing options...
azazel Posted February 28, 2012 Report Share Posted February 28, 2012 I was thinking philharmonics or maples. It was silver maples for me and unless this "correction" goes further, I may have nailed the bottom at £549 a kg. We will see. I think I nailed the bottom to the day. Makes a change! Perhaps I should try trading.... Link to comment Share on other sites More sharing options...
stunlee Posted February 29, 2012 Report Share Posted February 29, 2012 Wow, what a slapdown this is, nearly two dollars lost in seconds. I love free markets me. Link to comment Share on other sites More sharing options...
dunker1 Posted February 29, 2012 Report Share Posted February 29, 2012 Impressive takedown indeed.....hats off !!! Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 29, 2012 Report Share Posted February 29, 2012 Impressive takedown indeed.....hats off !!! Dunker, are you in the bunker? Link to comment Share on other sites More sharing options...
warpig Posted February 29, 2012 Report Share Posted February 29, 2012 Link to comment Share on other sites More sharing options...
warpig Posted February 29, 2012 Report Share Posted February 29, 2012 Link to comment Share on other sites More sharing options...
romans holiday Posted February 29, 2012 Report Share Posted February 29, 2012 Or.... silver had raced up a bit quickly, and now we see the expected consolidation. Link to comment Share on other sites More sharing options...
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