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Silver Marches on and on

 
Anonymous Coward
User ID: 5428193
United Kingdom
02/28/2012 07:32 AM
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Silver Marches on and on
Silvertards rejoyce !

$36.03 and moving ..
Anonymous Coward
User ID: 988822
United Kingdom
02/28/2012 07:32 AM
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Re: Silver Marches on and on
scream

chorus
Anonymous Coward
User ID: 5550344
United Kingdom
02/28/2012 07:35 AM
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Re: Silver Marches on and on
banana2
Garman906

User ID: 7152882
United States
02/28/2012 07:40 AM
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Re: Silver Marches on and on
Gitcha some.
Anonymous Coward
User ID: 11591872
Thailand
02/28/2012 07:42 AM
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Re: Silver Marches on and on
seal
Anonymous Coward
User ID: 588355
United States
02/28/2012 08:32 AM
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Re: Silver Marches on and on
wait for 42
Anonymous Coward
User ID: 11569236
Japan
02/28/2012 09:07 AM
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Re: Silver Marches on and on
This may be it people.
ReVbo™

User ID: 10052144
Norway
02/28/2012 09:15 AM
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Re: Silver Marches on and on
Silver $36.13 $36.23 +$0.65

seal

Last Edited by Revbo™ on 02/28/2012 09:15 AM
John 8:32

And ye shall know the truth, and the truth shall make you free.
Anonymous Coward
User ID: 1518787
United States
02/28/2012 09:37 AM
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Re: Silver Marches on and on
the price that silver is at now is setting up a bubble. it cost approx 11-12$ an ounce to mine so at ~35$ an oz miners are going into overdrive to produce it, while industrial and commercial demand is plunging. at higher prices, consumers and industry will find substitutes. the current demand is entirely driven by speculation and this bubble will pop, sending prices down to mid teens.
Serpo

User ID: 11015221
Australia
02/28/2012 09:44 AM
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Re: Silver Marches on and on
the price that silver is at now is setting up a bubble. it cost approx 11-12$ an ounce to mine so at ~35$ an oz miners are going into overdrive to produce it, while industrial and commercial demand is plunging. at higher prices, consumers and industry will find substitutes. the current demand is entirely driven by speculation and this bubble will pop, sending prices down to mid teens.
 Quoting: Anonymous Coward 1518787

LIES
Anonymous Coward
User ID: 1518787
United States
02/28/2012 09:47 AM
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Re: Silver Marches on and on
the price that silver is at now is setting up a bubble. it cost approx 11-12$ an ounce to mine so at ~35$ an oz miners are going into overdrive to produce it, while industrial and commercial demand is plunging. at higher prices, consumers and industry will find substitutes. the current demand is entirely driven by speculation and this bubble will pop, sending prices down to mid teens.
 Quoting: Anonymous Coward 1518787

LIES
 Quoting: Serpo


DENIAL

whatever man, if you believe silver is worth more than buy it. if you don't, sell it or stay away. simple as that. all i'm saying is there is no real demand and at these prices production is going into overdrive.
Anonymous Coward
User ID: 4902345
United States
02/28/2012 09:47 AM
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Re: Silver Marches on and on
the price that silver is at now is setting up a bubble. it cost approx 11-12$ an ounce to mine so at ~35$ an oz miners are going into overdrive to produce it, while industrial and commercial demand is plunging. at higher prices, consumers and industry will find substitutes. the current demand is entirely driven by speculation and this bubble will pop, sending prices down to mid teens.
 Quoting: Anonymous Coward 1518787


Party pooper. TO DA MOON!! LOL...
Anonymous Coward
User ID: 1419030
United States
02/28/2012 09:57 AM
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Re: Silver Marches on and on
the price that silver is at now is setting up a bubble. it cost approx 11-12$ an ounce to mine so at ~35$ an oz miners are going into overdrive to produce it, while industrial and commercial demand is plunging. at higher prices, consumers and industry will find substitutes. the current demand is entirely driven by speculation and this bubble will pop, sending prices down to mid teens.
 Quoting: Anonymous Coward 1518787

LIES
 Quoting: Serpo


DENIAL

whatever man, if you believe silver is worth more than buy it. if you don't, sell it or stay away. simple as that. all i'm saying is there is no real demand and at these prices production is going into overdrive.
 Quoting: Anonymous Coward 1518787


cruise
Whats the cost to get a barrel of oil?
Silver is not a comodity, but wealth like gold.
This is why you papertards missed the first train and will miss the second.

By the way, it's closer to 20 bux an ounce to mine now. [link to news.silverseek.com]
Compare that to oil.
Anonymous Coward
User ID: 1518787
United States
02/28/2012 10:03 AM
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Re: Silver Marches on and on
the price that silver is at now is setting up a bubble. it cost approx 11-12$ an ounce to mine so at ~35$ an oz miners are going into overdrive to produce it, while industrial and commercial demand is plunging. at higher prices, consumers and industry will find substitutes. the current demand is entirely driven by speculation and this bubble will pop, sending prices down to mid teens.
 Quoting: Anonymous Coward 1518787

LIES
 Quoting: Serpo


DENIAL

whatever man, if you believe silver is worth more than buy it. if you don't, sell it or stay away. simple as that. all i'm saying is there is no real demand and at these prices production is going into overdrive.
 Quoting: Anonymous Coward 1518787


cruise
Whats the cost to get a barrel of oil?
Silver is not a comodity, but wealth like gold.
This is why you papertards missed the first train and will miss the second.

By the way, it's closer to 20 bux an ounce to mine now. [link to news.silverseek.com]
Compare that to oil.
 Quoting: Anonymous Coward 1419030


A key industry figure highlights the problem. According to the trade association the Silver Institute, the average cash costs at silver mines, covering items such as blasting the ore and hauling it out of the ground, worked out to a mere $5.27 an ounce in 2011, less than one-fifth of current market prices.
Anonymous Coward
User ID: 11603688
United States
02/28/2012 10:08 AM
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Re: Silver Marches on and on
It is mostly a by product of copper mining.
Anonymous Coward
User ID: 475310
United Kingdom
02/28/2012 10:13 AM
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Re: Silver Marches on and on
To the moon! (The moon in this case is $37)
Anonymous Coward
User ID: 1381155
United States
02/28/2012 10:15 AM
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Re: Silver Marches on and on
5a
neim777

User ID: 9984984
United States
02/28/2012 10:16 AM
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Re: Silver Marches on and on
the price that silver is at now is setting up a bubble. it cost approx 11-12$ an ounce to mine so at ~35$ an oz miners are going into overdrive to produce it, while industrial and commercial demand is plunging. at higher prices, consumers and industry will find substitutes. the current demand is entirely driven by speculation and this bubble will pop, sending prices down to mid teens.
 Quoting: Anonymous Coward 1518787


please the demand for silver is just a very very very small percentage of the masses. The bubble will not come until there is a total shift of the rich and the average people when they start buying
1 But these took this counsel among themselves, that they would leave the multitude of the heathen, and go forth into a further country, where never mankind dwelt,
42 That they might there keep their statutes, which they never kept in their own land.
43 And they entered into Euphrates by the narrow places of the river.
44 For the most High then shewed signs for them, and held still the flood, till they were passed over.
45 For through that country there was a great way to go, namely, of a year and a half: and the same region is called Arsareth.
46 Then dwelt they there until the latter time; and now when they shall begin to come,
:knoup:
Anonymous Coward (OP)
User ID: 5428193
United Kingdom
02/28/2012 10:32 AM
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Re: Silver Marches on and on
up $0.96 - $36.52oz
CausticGnostic
User ID: 8819941
United States
02/28/2012 10:34 AM
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Re: Silver Marches on and on
the price that silver is at now is setting up a bubble. it cost approx 11-12$ an ounce to mine so at ~35$ an oz miners are going into overdrive to produce it, while industrial and commercial demand is plunging. at higher prices, consumers and industry will find substitutes. the current demand is entirely driven by speculation and this bubble will pop, sending prices down to mid teens.
 Quoting: Anonymous Coward 1518787


please the demand for silver is just a very very very small percentage of the masses. The bubble will not come until there is a total shift of the rich and the average people when they start buying
 Quoting: neim777


Exactly, when it gets back to the 45-50 range again, and it will, more people will freak and start panic buying. Then it will be in a "bubble". Whether the fear is rational or not, it will drive the price higher.

And whoever said silver demand is down is an idiot. Silver demand for industrial application in 2009 was 403.8 million ounces. 2010 it increased to 487.4. Sure, we lost some demand in photography and silverware, but that's a fucking drop in the bucket compared to the other industrials. We'll be at or above $40 by the end of March, bank on it :P
Anonymous Coward
User ID: 8973636
Canada
02/28/2012 11:09 AM
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Re: Silver Marches on and on
36.43
ReVbo™

User ID: 10052144
Norway
02/28/2012 11:13 AM
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Re: Silver Marches on and on
36.43
 Quoting: Anonymous Coward 8973636


$36.58 now.

5a
John 8:32

And ye shall know the truth, and the truth shall make you free.
Me too

User ID: 9492855
United States
02/28/2012 11:13 AM
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Re: Silver Marches on and on
36.43
 Quoting: Anonymous Coward 8973636


36.53
Who is John Galt?
Anonymous Coward
User ID: 1382145
United States
02/28/2012 11:16 AM
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Re: Silver Marches on and on
the price that silver is at now is setting up a bubble. it cost approx 11-12$ an ounce to mine so at ~35$ an oz miners are going into overdrive to produce it, while industrial and commercial demand is plunging. at higher prices, consumers and industry will find substitutes. the current demand is entirely driven by speculation and this bubble will pop, sending prices down to mid teens.
 Quoting: Anonymous Coward 1518787


Meanwhile, only 3% of all silver ever mined is still in existance, and paper silver is sold at a ratio of 100:1 vs physical. All the silver produced in the US is not enough to cover demand for silver coins and jewlery, let alone indsutrial demand.
Anonymous Coward
User ID: 9603971
United States
02/28/2012 11:22 AM
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Re: Silver Marches on and on
Up .96 cents, that means I made a couple hundred bucks sitting on my ass this morning, woohoo. Get on the train , chug chug chug, woohoo!
Anonymous Coward
User ID: 1382145
United States
02/28/2012 11:25 AM
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Re: Silver Marches on and on
36.70 now
Anonymous Coward
User ID: 7060099
United States
02/28/2012 11:27 AM
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Re: Silver Marches on and on
the price that silver is at now is setting up a bubble. it cost approx 11-12$ an ounce to mine so at ~35$ an oz miners are going into overdrive to produce it, while industrial and commercial demand is plunging. at higher prices, consumers and industry will find substitutes. the current demand is entirely driven by speculation and this bubble will pop, sending prices down to mid teens.
 Quoting: Anonymous Coward 1518787

LIES
 Quoting: Serpo


DENIAL

whatever man, if you believe silver is worth more than buy it. if you don't, sell it or stay away. simple as that. all i'm saying is there is no real demand and at these prices production is going into overdrive.
 Quoting: Anonymous Coward 1518787


dumbass, There is no cheaper alternative, and silver is going extinct. Chew on that. With the miniscule amounts used per item in industry, spread out over millions of items, $1,000 per oz. would not be a deterrent to industry.

That said, I wish it would go down to $15 so I can buy cheaper. Oh well.
Anonymous Coward
User ID: 1382145
United States
02/28/2012 11:27 AM
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Re: Silver Marches on and on
Silver just shot straight up. Did Sprott buy again or something? If gold was up that much that fast I would be worried things were collapsing today...
Anonymous Coward
User ID: 7060099
United States
02/28/2012 11:30 AM
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Re: Silver Marches on and on
Up .96 cents, that means I made a couple hundred bucks sitting on my ass this morning, woohoo. Get on the train , chug chug chug, woohoo!
 Quoting: Anonymous Coward 9603971


$36.69, +$1.23, that means I've made about $1,500 this morning.
Anonymous Coward
User ID: 1259082
United States
02/28/2012 11:41 AM
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Re: Silver Marches on and on
$36.77 now... + $1.32
Anonymous Coward
User ID: 1382145
United States
02/28/2012 12:02 PM
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Re: Silver Marches on and on
wait for 42
 Quoting: Anonymous Coward 588355


At this rate, should be later this afternoon. 36.86 right now.





GLP