WTF??? Why is SILVER tanking???? | |
| Limpan User ID: 1474973 08/09/2011 08:28 AM ![]() Report Abusive Post Report Copyright Violation | |
| Always Looking (OP) User ID: 814501 08/09/2011 08:30 AM ![]() Report Abusive Post Report Copyright Violation | QE3 on the way!! Quoting: LimpanThen that should means silver should sky rocket. I knew I should have bought gold!!!! Last Edited by Always Looking on 08/09/2011 08:30 AM |
| Anonymous Coward User ID: 1198503 08/09/2011 08:34 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1496838 08/09/2011 08:37 AM Report Abusive Post Report Copyright Violation | |
| Always Looking (OP) User ID: 814501 08/09/2011 08:38 AM ![]() Report Abusive Post Report Copyright Violation | And when it goes up again you'll be saying hahahaha look assholes my silver is going up. Quoting: Anonymous Coward 1198503Then when it goes down again you'll be crying again. You do understand this is a mental condition right? No, it is a market fact or it used to be anyway, that when you print more fiat crap meatls will go up in value. |
| Anonymous Coward User ID: 1499168 08/09/2011 08:39 AM Report Abusive Post Report Copyright Violation | |
| sunroomking User ID: 1363513 08/09/2011 08:48 AM ![]() Report Abusive Post Report Copyright Violation | Go watch the Silver bears part 7 at zerohedge.com I think this is a final shaking out of the weak hands. Hold on to your physical, and if you don't have the stomach for the volatility don't watch and quick checking. Gold always performs better in a perceived crisis because people run to perceived safety. Silver is still also an industrial metal thus more of a commodity, so it is more volatile. Typically Silver will follow once gold's price becomes more out of reach. Just chill..... Buy Gold Buy Silver Buy Ammo have Faith. I carry a gun because it is my 2nd ammendment right, and a cop is too heavy. No good deed goes unpunished |
| Anonymous Coward User ID: 1499337 08/09/2011 08:48 AM Report Abusive Post Report Copyright Violation | I'm happy that silver didn't skyrocket! This gives more time for more people to be able to buy some of it. It will never be cheaper for the foreseeable future. The price historically follows the upward trend with gold. It's possible that gold will come down to $1600 again. . |
| Always Looking (OP) User ID: 814501 08/09/2011 12:45 PM ![]() Report Abusive Post Report Copyright Violation | Go watch the Silver bears part 7 at zerohedge.com I think this is a final shaking out of the weak hands. Hold on to your physical, and if you don't have the stomach for the volatility don't watch and quick checking. Gold always performs better in a perceived crisis because people run to perceived safety. Silver is still also an industrial metal thus more of a commodity, so it is more volatile. Typically Silver will follow once gold's price becomes more out of reach. Just chill..... Thanks for the info. I will hold. |
| Anonymous Coward User ID: 1488131 08/09/2011 12:48 PM Report Abusive Post Report Copyright Violation | I was feeling the same way yesterday. Check thread: Thread: Who bought Silver instead of Gold?... **Official I fucked up thread**. |
| Anonymous Coward User ID: 1431775 08/09/2011 12:54 PM Report Abusive Post Report Copyright Violation | Silver is too cheap for the big dogs. Their vaults are simply not large enough to hold the physical. However, platinum is rising...a lot. Remember what happened to Ted Binion. He had so much physical silver on hand, it just wasn't practical for him to store it all. He resorted to basically burying it out in the Nevada desert. Cost him his life in the end. |
| AuthorAuthor User ID: 1499901 08/09/2011 05:15 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1152154 08/09/2011 05:17 PM Report Abusive Post Report Copyright Violation | Go watch the Silver bears part 7 at zerohedge.com I think this is a final shaking out of the weak hands. Hold on to your physical, and if you don't have the stomach for the volatility don't watch and quick checking. Gold always performs better in a perceived crisis because people run to perceived safety. Silver is still also an industrial metal thus more of a commodity, so it is more volatile. Typically Silver will follow once gold's price becomes more out of reach. Just chill..... buy some more if you can and chill is right. |
| Anonymous Coward User ID: 959838 08/09/2011 05:17 PM Report Abusive Post Report Copyright Violation | |
| gebahie User ID: 1302693 08/09/2011 07:29 PM Report Abusive Post Report Copyright Violation | |
| AuthorAuthor User ID: 1499901 08/09/2011 08:26 PM Report Abusive Post Report Copyright Violation | Yeah, the four recent margin raises were put in place to help JP maintain its dominance. Seymour Brenner's, MD, FACR, opinion regarding Dr. Emanuel Revici: "As a Diplomate of Radiology, I have reviewed many cases of incurable cancer that Revici has cured." |
| Anonymous Coward User ID: 1498526 08/09/2011 08:29 PM Report Abusive Post Report Copyright Violation | |
| Carol B. User ID: 1265827 08/09/2011 08:34 PM ![]() Report Abusive Post Report Copyright Violation | QE3 on the way!! Quoting: LimpanThen that should means silver should sky rocket. I knew I should have bought gold!!!! Investment advisor David Morgan said silver could go down to 5 dallors a ounce Oh really? In what year? |
| Anonymous Coward User ID: 1500062 08/09/2011 08:38 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1497668 08/09/2011 08:45 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1448050 08/09/2011 08:55 PM Report Abusive Post Report Copyright Violation | |
| Always Looking (OP) User ID: 814501 08/09/2011 08:59 PM ![]() Report Abusive Post Report Copyright Violation | |
| BOWMAN User ID: 1403418 08/09/2011 09:02 PM Report Abusive Post Report Copyright Violation | Silver up 74 cents now!!! Thats what I like to see!! Quoting: Always LookingSwing batter batter! ------ "And I understood that in an age where there was so much ego, because of the camera, that it was very important to look for that kind of player, ... I began to look for the kind of player that doesn't need his ego fed by stardom, but will do what he's supposed to do because he knows the game and loves the game, and will do the job the right way even if someone else gets the glory." ~ Bill Belichick ------------------------------------- Pale Blue Dot [link to www.youtube.com] 2001: A Floyd Odyssey [link to www.youtube.com] Who's In Control? [link to www.youtube.com] |
| Anonymous Coward User ID: 1136686 08/09/2011 09:08 PM Report Abusive Post Report Copyright Violation | Because SLV is paper. It is a stock, purportedly a fractional commodity. Quoting: Anonymous Coward 1496838The paper price and the intrinsic/real price are two different things. Once the metal decouples from the stock that is. Oh not this shit yet again. The spot price IS the physical price you fucking numb-nuts. I just checked one of my usual online sellers and they're selling Eagles and Maples for just about $2.00 over spot, which is the usual premium for one-ounce quantities. A 100oz bar is 3950... so this "oh that's just the paper price" argument is, as always: ![]() Just like the "well, according to the historical gold to silver ratio the price SHOULD be..." mantra that the silvertards cling too. |
| Not of this World User ID: 1472787 08/09/2011 09:14 PM Report Abusive Post Report Copyright Violation | QE3 on the way!! Quoting: LimpanThen that should means silver should sky rocket. I knew I should have bought gold!!!! Investment advisor David Morgan said silver could go down to 5 dallors a ounce $5 would be nice. But, Morgan often misses the "big picture" So.. Im going to say NO WAY! He is not a Silver Doctor :) Then Jesus said to them, "Most assuredly, I say to you, unless you eat the flesh of the Son of Man and drink His blood, you have no life in you. Whoever eats My flesh and drinks My blood has eternal life, and I will raise him up at the last day. For My flesh is food indeed, and My blood is drink indeed." John 6:27-58 You adulterous people, don't you know that friendship with the world is hatred toward God? Anyone who chooses to be a friend of the world becomes an enemy of God. -James 4:4 Be not deceived; God is not mocked: for whatsoever a man soweth, that shall he also reap. -Galatians 6:7 Beware lest any man spoil you through philosophy and vain deceit, after the tradition of men, after the rudiments of the world, and not after Christ. -Colossians 2:8 Rev 13:9-10 If anyone has an ear, let him hear. He who leads into captivity shall go into captivity; (Betraying your family and friends) he who kills with the sword must be killed with the sword. (Guns!) Here is the patience and the faith of the saints. |
| Anonymous Coward User ID: 1136686 08/09/2011 09:15 PM Report Abusive Post Report Copyright Violation | QE3 on the way!! Quoting: LimpanThen that should means silver should sky rocket. I knew I should have bought gold!!!! Investment advisor David Morgan said silver could go down to 5 dallors a ounce Oh really? In what year? Well, judging by how quickly it tanked back down to the mid- single digits after the 1980 high of $50 I'd say... 2014? Look, once all this shit blows over fools that bought in at these high levels are gonna be crying in their beer. Hopefully they will have dry powder to continue buying and average down for the long haul so that they'll recoup their money in their old age LoL. It's one thing to have a silver position as part of a diversified portfolio (I do. Physical. All bought down well under $20), but to take an overweight position at these levels based on panic with the assumption that "it's all gonna collapse" is a very, very idiotic thing to be doing. |
| Anonymous Coward User ID: 1498526 08/09/2011 09:49 PM Report Abusive Post Report Copyright Violation | QE3 on the way!! Quoting: LimpanThen that should means silver should sky rocket. I knew I should have bought gold!!!! Investment advisor David Morgan said silver could go down to 5 dallors a ounce $5 would be nice. But, Morgan often misses the "big picture" So.. Im going to say NO WAY! He is not a Silver Doctor :) I know ,that be like almost giving it away .you have to go back to the year 2001 before infation ,and 10 years ago ,to see that price ,and things have changed alot since then,but it wouldnt surprise me that the big boys might hammer it down with fake paper silver to 30 dallors ,are even in the mid 20 range ,then they buy it all up fast |
| Anonymous Coward User ID: 1438570 08/09/2011 10:11 PM Report Abusive Post Report Copyright Violation | Silver is almost $38. Way too high for average Joe. If it gets down to $20/ounce again, I will buy and tell family/friends to buy. Hey, we are not going to make any money in the bank until at least after 2013, so we could buy silver and hold onto it. But, it's too high at $38 to buy. Just saying... |
| me User ID: 1500309 08/10/2011 12:45 AM Report Abusive Post Report Copyright Violation | Because SLV is paper. It is a stock, purportedly a fractional commodity. Quoting: Anonymous Coward 1496838The paper price and the intrinsic/real price are two different things. Once the metal decouples from the stock that is. Oh not this shit yet again. The spot price IS the physical price you fucking numb-nuts. I just checked one of my usual online sellers and they're selling Eagles and Maples for just about $2.00 over spot, which is the usual premium for one-ounce quantities. 1. A. take a pen and paper. B. write "one million ounces of silver" on it. C. you now 'own' one million ounces of 'paper silver', that is worth NOTHING. happy now, numb-nuts ?? see the difference ?? 2. why do people pick up empty beer cans ? why do people steal the wires and pipes out of other people's houses ? metal is ALWAYS worth money because of the high costs involved to produce it, and because metal CANNOT BE PRINTED. |
| me User ID: 1500309 08/10/2011 12:47 AM Report Abusive Post Report Copyright Violation | Silver is almost $38. Way too high for average Joe. Quoting: Anonymous Coward 1438570If it gets down to $20/ounce again, I will buy and tell family/friends to buy. Hey, we are not going to make any money in the bank until at least after 2013, so we could buy silver and hold onto it. But, it's too high at $38 to buy. GOLD Way too high for average Joe. if Silver goes back to $50, $38 will look cheap. |