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Silver $42/ounce Today

 
HailMother
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03/01/2012 10:58 AM
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Silver $42/ounce Today
Many major news say Silver will reach $42/ounce today

Do you agree with this??
HailMother (OP)

User ID: 11718963
India
03/01/2012 11:02 AM
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Re: Silver $42/ounce Today
What is your target for gold & silver price today??
Anonymous Coward
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Canada
03/01/2012 11:04 AM
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Re: Silver $42/ounce Today
Who knows, imposable to guess with comex playing their games. Until comex goes to shit silver will be a roller coaster ride.
Anonymous Coward
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United States
03/01/2012 11:06 AM
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Re: Silver $42/ounce Today
close @ 28
HailMother (OP)

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03/01/2012 11:07 AM
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Re: Silver $42/ounce Today
Silver was $50/ounce in March 2011 or April 2011

Now again it is March 2012.
Anonymous Coward
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United States
03/01/2012 11:10 AM
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Re: Silver $42/ounce Today
Many major news say Silver will reach $42/ounce today

Do you agree with this??
 Quoting: HailMother


if silver ever goes over 50 dallors a ounce then people might start buying ,but not until then
ReVbo™
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03/01/2012 11:16 AM

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Re: Silver $42/ounce Today
That would be over a 20% jump in one day. Pretty unheard of, especially considering it's been flat all day. What makes you think $42 today?
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.
HailMother (OP)

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03/01/2012 11:16 AM
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Re: Silver $42/ounce Today
Silver Rises 26% In 26 Hours

It appears rumors (there's that word again) of precious metals' demise have been greatly exaggerated yet again. After hitting a low of $26/ounce just shortly after 24 hours ago, the metal has since soared by a whopping 26% to $32.90 (thank you CME and Shanghai Gold Exchange). That's $6.90 in one day. The same with gold.

It seems that the market has finally had its brain kicked in a little following the realization that an expansion in the EFSF from E440 billion to E3 trillion (which has about 0.01% probability of happening, and would likely see the mobilization of a certain army first) would mean an exponential decline in the credibility of that "other" currency, which while potentially retaining its value against the "first" currency, will have been devalued that much more against the real, undilutable currency. We expect the market to comprehend that Goldman, for once, was spot on in its evaluation that anyone who bought yesterday at the lows, will have already made their full year unlevered return in one short day.

[link to www.zerohedge.com]
HailMother (OP)

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03/01/2012 11:21 AM
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Re: Silver $42/ounce Today
Just purchased 32 Kg silver 1 hour back, for short term trading.
Anonymous Coward
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Germany
03/01/2012 11:21 AM
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Re: Silver $42/ounce Today
Silver was $50/ounce in March 2011 or April 2011

Now again it is March 2012.
 Quoting: HailMother



If I recall, it was $36 an oz last March. Went up to almost 50 a short time later.
Anonymous Coward
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United States
03/01/2012 11:23 AM
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Re: Silver $42/ounce Today
According to CNBC, silver is at around 36

Right where it was last year.
HailMother (OP)

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India
03/01/2012 11:24 AM
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Re: Silver $42/ounce Today
If I recall, it was $36 an oz last March. Went up to almost 50 a short time later.
 Quoting: Anonymous Coward 11724981

Libya war started March 17, 2011 and Japan Earthquake was March 11, 2011.
Slow
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Netherlands
03/01/2012 11:25 AM
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Re: Silver $42/ounce Today
Many major news say Silver will reach $42/ounce today

Do you agree with this??
 Quoting: HailMother


eeeeermmm no
HailMother (OP)

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India
03/01/2012 11:36 AM
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Re: Silver $42/ounce Today
eeeeermmm no
 Quoting: Slow 497111

Read Godlikeproductions threads here for the major news and events.
HailMother (OP)

User ID: 11718963
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03/01/2012 11:42 AM
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Re: Silver $42/ounce Today
It is well known that JPMorgan short sells gold and silver in one day equal to the entire mining production of a full year. It is all a paper scam and will soon fall with those investing in paper gold and silver as the big losers.

"Crash JPMorgan". Buy 1 ounce Silver.
Anonymous Coward
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United States
03/01/2012 11:45 AM
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Re: Silver $42/ounce Today
gold back up.
Anonymous Coward
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Canada
03/01/2012 11:48 AM
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Re: Silver $42/ounce Today
Time wasting thread, all prediction threads on GLP should be auto 1-starred.
Anonymous Coward
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Canada
03/01/2012 01:16 PM
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Re: Silver $42/ounce Today
OP suck a fat one
Anonymous Coward
User ID: 11719251
United States
03/01/2012 01:21 PM
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Re: Silver $42/ounce Today
It is well known that JPMorgan short sells gold and silver in one day equal to the entire mining production of a full year. It is all a paper scam and will soon fall with those investing in paper gold and silver as the big losers.

"Crash JPMorgan". Buy 1 ounce Silver.
 Quoting: HailMother


+100000000000000
Anonymous Coward
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Canada
03/01/2012 01:21 PM
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Re: Silver $42/ounce Today
just putting some numbers out there
in between 63 and 65 dollars and stall
for a 2,3 maybe 4 weeks
just my prediction
Anonymous Coward
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United States
03/01/2012 01:24 PM
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Re: Silver $42/ounce Today
long way to go still
Anonymous Coward
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Canada
03/01/2012 01:35 PM
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Re: Silver $42/ounce Today
Silver Rises 26% In 26 Hours

It appears rumors (there's that word again) of precious metals' demise have been greatly exaggerated yet again. After hitting a low of $26/ounce just shortly after 24 hours ago, the metal has since soared by a whopping 26% to $32.90 (thank you CME and Shanghai Gold Exchange). That's $6.90 in one day. The same with gold.

It seems that the market has finally had its brain kicked in a little following the realization that an expansion in the EFSF from E440 billion to E3 trillion (which has about 0.01% probability of happening, and would likely see the mobilization of a certain army first) would mean an exponential decline in the credibility of that "other" currency, which while potentially retaining its value against the "first" currency, will have been devalued that much more against the real, undilutable currency. We expect the market to comprehend that Goldman, for once, was spot on in its evaluation that anyone who bought yesterday at the lows, will have already made their full year unlevered return in one short day.

[link to www.zerohedge.com]
 Quoting: HailMother


OP that article is from September 9 2011

bonghit
HailMother (OP)

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India
03/01/2012 01:41 PM
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Re: Silver $42/ounce Today
+100000000000000
 Quoting: Anonymous Coward 11719251

There's more Chinese with investable income then the entire American population and the Chinese government is encouraging gold and silver investing.

Picture of 20-Lane Freeway in China

[link to a5.sphotos.ak.fbcdn.net]
HailMother (OP)

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Spain
03/01/2012 02:12 PM
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Re: Silver $42/ounce Today
long way to go still
 Quoting: Anonymous Coward 554016

Ron Paul: "Allowing people to save in a silver currency. I hope we move along in that direction."

Ben Bernake: "I'd be happy to talk to you about that, in private..."

Date: 02-29-2012
Anonymous Coward
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United States
03/01/2012 02:19 PM
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Re: Silver $42/ounce Today
Saving in gold and silver is the only way....it's that or the highway.
A year from now $36 will look cheep....get it while you can!

The Chinese are smart....best listen to them.
Anonymous Coward
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United States
03/01/2012 02:33 PM
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Re: Silver $42/ounce Today
Silver will get to approx 350-400 an ounce before there is no economy and the only thing left is people's guesses as to what ANYTHING is worth.
Anonymous Coward
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United States
03/01/2012 02:35 PM
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Re: Silver $42/ounce Today
Many major news say Silver will reach $42/ounce today

Do you agree with this??
 Quoting: HailMother


I doubt it. We'll be lucky to see 36 again this week. It looks as though sanity has returned to the silver market after 2 crazy days. BTW, after all that's happened this week, silver is still up overall.
Anonymous Coward
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03/01/2012 02:40 PM
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Re: Silver $42/ounce Today
FYI, anyone notice that oil crept up again today after falling most of the week, getting close to nearly $109 a barrel. In fact, all commodities except corn and wheat are up.
DonHeau

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03/01/2012 02:41 PM
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Re: Silver $42/ounce Today
Many major news say Silver will reach $42/ounce today

Do you agree with this??
 Quoting: HailMother


They didn't say that.
We opened doors by thinking.
Anonymous Coward
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United States
03/01/2012 02:43 PM
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Re: Silver $42/ounce Today
Silver will get to approx 350-400 an ounce before there is no economy and the only thing left is people's guesses as to what ANYTHING is worth.
 Quoting: Anonymous Coward 8380271


If the US ever went into a hyperinflation spiral, that is probably cheap. Silver could easily top $1500 an ounce, and Gold $30000, but I hope that never comes to pass (even though I'm a doomtard)
Me too

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United States
03/01/2012 03:29 PM

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Re: Silver $42/ounce Today
Many major news say Silver will reach $42/ounce today

Do you agree with this??
 Quoting: HailMother


$35.62.

But the slope of the curve is positive, so it is headed in the right direction.
Who is John Galt?

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