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has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY

 
andawg221
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07/22/2013 08:47 AM
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has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
If you've been on GLP for more than a few days, you know the "to the moon" expression.

Is the jp Morgan fire what lit the fuse finally?

Or is this just a little panic buying?

Last Edited by andawg221 on 07/22/2013 08:53 AM
Anonymous Coward
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07/22/2013 08:50 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
The "paper Gold" market is now in complete disarray and so people are selling up their paper and moving into physical.

Give this a few months the the prices will be going to moon, just wait and see.

hfhf
andawg221 (OP)

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07/22/2013 08:52 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
The "paper Gold" market is now in complete disarray and so people are selling up their paper and moving into physical.

Give this a few months the the prices will be going to moon, just wait and see.

hfhf
 Quoting: Anonymous Coward 43844547


I wonder if they'll halt trading today. If the plan is to settle in cash they wanna do it while the price is still low.
Anonymous Coward
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07/22/2013 08:52 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
fools
Spam Killer
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07/22/2013 08:54 AM

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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
don't be too shocked if the NY Boyz don't pull a whipsaw and shake out both the short AND long stops, they've done it plenty of times before.
Vishal Rawat is my little bitch and he loves it.
andawg221 (OP)

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07/22/2013 08:54 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
fools
 Quoting: Anonymous Coward 26772688


Australians?
andawg221 (OP)

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07/22/2013 08:57 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
don't be too shocked if the NY Boyz don't pull a whipsaw and shake out both the short AND long stops, they've done it plenty of times before.
 Quoting: Spam Killer


This is gonna be a crazy week to say the least. Do you see it going lower?

I originally had a price point of $15 silver and $1,000 gold. I'm starting to rethink that a little.
Anonymous Coward
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07/22/2013 08:57 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
Well, TPTB will try to depress the prices of gold and silver for as long as possible.

Its been discussed for some time now that demand will soon outpace physical quantities at which point the Comex will crash and prices will truly skyrocket, bankrupting the likes of JP Morgan who are heavily leveraged in gold and silver.
Spam Killer
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07/22/2013 08:59 AM

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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
don't be too shocked if the NY Boyz don't pull a whipsaw and shake out both the short AND long stops, they've done it plenty of times before.
 Quoting: Spam Killer


This is gonna be a crazy week to say the least. Do you see it going lower?

I originally had a price point of $15 silver and $1,000 gold. I'm starting to rethink that a little.
 Quoting: andawg221


I'm thinking $19.xx is the floor for this year but what do I know?
Vishal Rawat is my little bitch and he loves it.
andawg221 (OP)

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07/22/2013 08:59 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
Well, TPTB will try to depress the prices of gold and silver for as long as possible.

Its been discussed for some time now that demand will soon outpace physical quantities at which point the Comex will crash and prices will truly skyrocket, bankrupting the likes of JP Morgan who are heavily leveraged in gold and silver.
 Quoting: Anonymous Coward 43734942


Are we there yet is the real question.
andawg221 (OP)

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07/22/2013 09:02 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
don't be too shocked if the NY Boyz don't pull a whipsaw and shake out both the short AND long stops, they've done it plenty of times before.
 Quoting: Spam Killer


This is gonna be a crazy week to say the least. Do you see it going lower?

I originally had a price point of $15 silver and $1,000 gold. I'm starting to rethink that a little.
 Quoting: andawg221


I'm thinking $19.xx is the floor for this year but what do I know?
 Quoting: Spam Killer


I bought a little in the $18 range. Of course with premiums it was in the $22 range. So I don't know if I can claim I bought the bottom or not, LOL

It wasn't enough to brag about, 10 ounces.
Spam Killer
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07/22/2013 09:10 AM

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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
don't be too shocked if the NY Boyz don't pull a whipsaw and shake out both the short AND long stops, they've done it plenty of times before.
 Quoting: Spam Killer


This is gonna be a crazy week to say the least. Do you see it going lower?

I originally had a price point of $15 silver and $1,000 gold. I'm starting to rethink that a little.
 Quoting: andawg221


I'm thinking $19.xx is the floor for this year but what do I know?
 Quoting: Spam Killer


I bought a little in the $18 range. Of course with premiums it was in the $22 range. So I don't know if I can claim I bought the bottom or not, LOL

It wasn't enough to brag about, 10 ounces.
 Quoting: andawg221


I don't think you'll be sorry, every oz counts and a GOOD price! got to have patience to play with the white shiny stuff.

lolsign
Vishal Rawat is my little bitch and he loves it.
Anonymous Coward
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07/22/2013 09:17 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
I've been stacking gold and palladium too. Gold, Palladium and Silver =diversification.
andawg221 (OP)

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07/22/2013 09:23 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
...


This is gonna be a crazy week to say the least. Do you see it going lower?

I originally had a price point of $15 silver and $1,000 gold. I'm starting to rethink that a little.
 Quoting: andawg221


I'm thinking $19.xx is the floor for this year but what do I know?
 Quoting: Spam Killer


I bought a little in the $18 range. Of course with premiums it was in the $22 range. So I don't know if I can claim I bought the bottom or not, LOL

It wasn't enough to brag about, 10 ounces.
 Quoting: andawg221


I don't think you'll be sorry, every oz counts and a GOOD price! got to have patience to play with the white shiny stuff.

lolsign
 Quoting: Spam Killer


I almost feel lucky that I came late to the party.

I started buying in 2011, all though it would have been great to be one of the people that bought at $5 and seen it run to $50. It seems like a good portion of those people have gotten bored and tired of waiting.

I've bought a few times from the older crowd and while they seem happy that its getting stacked, they are also just tired of the manipulation.

I figure if in 10 years it hasn't done what I expect I'll move on. Or pass it down when I'm to old to wait.

The key is having enough fiat to ride it out.
tuesday451

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07/22/2013 09:25 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
silvertard4
"There is no Religion higher than Truth" - Blavatsky

"You can get addicted to a certain kind of sadness. Like resignation to the end, always the end." Gotye

"There's a special rung in hell reserved for people who waste good scotch"
andawg221 (OP)

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07/22/2013 09:26 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
I've been stacking gold and palladium too. Gold, Palladium and Silver =diversification.
 Quoting: Anonymous Coward 42166361


In my opinion silver will out perform the others. But at some point silver becomes quite bulky.

Unfortunately that's not a problem for me yet. lol
Anonymous Coward
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07/22/2013 09:28 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
I bought my first gold for the first time in over 4 years on 28th June. I guess I qualify as a "bottom picker" (gold bottomed at $1180 whilst I was at the coin shop!), though I will not take credit for the "bottom picker" name until it rises over $1,500 and I won't sell till we make $5,000 and then I will be dollar cost averaging out into something else of better value (don't know yet what that is)
andawg221 (OP)

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07/22/2013 09:30 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
I bought my first gold for the first time in over 4 years on 28th June. I guess I qualify as a "bottom picker" (gold bottomed at $1180 whilst I was at the coin shop!), though I will not take credit for the "bottom picker" name until it rises over $1,500 and I won't sell till we make $5,000 and then I will be dollar cost averaging out into something else of better value (don't know yet what that is)
 Quoting: Anonymous Coward 43613101


That's looking like a good buy! How bad was the premium?
Anonymous Coward
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07/22/2013 09:34 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
I bought my first gold for the first time in over 4 years on 28th June. I guess I qualify as a "bottom picker" (gold bottomed at $1180 whilst I was at the coin shop!), though I will not take credit for the "bottom picker" name until it rises over $1,500 and I won't sell till we make $5,000 and then I will be dollar cost averaging out into something else of better value (don't know yet what that is)
 Quoting: Anonymous Coward 43613101


Gordon Brown is a bottom picker too, only he like to sell at the bottom. Aka the infamous 'Brown bottom' where he managed to offload a huge portion of the UK's gold at rock-bottom prices.
Sikhed
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07/22/2013 09:39 AM

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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
Silver had it's low about 3 weeks ago when it was $17.90(?) spot. But it's still a buying opportunity right now.

I'm not one of those "buy at any price" tards. Buy a few oz. every paycheck, but will stop and buy something else instead, when the spot rises to $30.
doom360
andawg221 (OP)

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07/22/2013 10:07 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
Silver had it's low about 3 weeks ago when it was $17.90(?) spot. But it's still a buying opportunity right now.

I'm not one of those "buy at any price" tards. Buy a few oz. every paycheck, but will stop and buy something else instead, when the spot rises to $30.
 Quoting: Sikhed


I think I'll buy pretty much all the way back up to $30 myself.

Silver is a metal that you should never be all in or all out.

I think the crowd that buys at any price either have everything they feel they need or are to greedy and stupid to invest anyways.
ITZCOMING

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07/22/2013 10:27 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
I still don't know...

How can a vault burn? Seems like a pretty crappy vault to me if you can set it on fire. Even a $99 safe from Home Depot is good for a house fire.

I just don't get it. Someone explain the "vault fire" to me.
Anonymous Coward
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07/22/2013 10:39 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
member, out by 15.

silver safe
Sikhed
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07/22/2013 10:42 AM

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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
I still don't know...

How can a vault burn? Seems like a pretty crappy vault to me if you can set it on fire. Even a $99 safe from Home Depot is good for a house fire.

I just don't get it. Someone explain the "vault fire" to me.
 Quoting: ITZCOMING


Didn't know that tungsten was flammable eithertounge
doom360
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07/22/2013 10:44 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
Them boys and girls be riding!

sealbikewoohoo885whitevanufo56goodevilotrike
MaxMad

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07/22/2013 10:45 AM

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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
If you've been on GLP for more than a few days, you know the "to the moon" expression.

Is the jp Morgan fire what lit the fuse finally?

Or is this just a little panic buying?
 Quoting: andawg221


yes
andawg221 (OP)

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07/22/2013 10:52 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
We are breaking through some key resistance. Over $1,300 and $20, headed for $1,350 and $21 today?
Anonymous Coward
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07/22/2013 11:27 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
I bought my first gold for the first time in over 4 years on 28th June. I guess I qualify as a "bottom picker" (gold bottomed at $1180 whilst I was at the coin shop!), though I will not take credit for the "bottom picker" name until it rises over $1,500 and I won't sell till we make $5,000 and then I will be dollar cost averaging out into something else of better value (don't know yet what that is)
 Quoting: Anonymous Coward 43613101


That's looking like a good buy! How bad was the premium?
 Quoting: andawg221


Yeah, the premium was 10% but I don't care.

It's now well over that.
Anonymous Coward
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07/22/2013 11:29 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
I bought my first gold for the first time in over 4 years on 28th June. I guess I qualify as a "bottom picker" (gold bottomed at $1180 whilst I was at the coin shop!), though I will not take credit for the "bottom picker" name until it rises over $1,500 and I won't sell till we make $5,000 and then I will be dollar cost averaging out into something else of better value (don't know yet what that is)
 Quoting: Anonymous Coward 43613101


Gordon Brown is a bottom picker too, only he like to sell at the bottom. Aka the infamous 'Brown bottom' where he managed to offload a huge portion of the UK's gold at rock-bottom prices.
 Quoting: Anonymous Coward 43841355



Ouch, that man.
He was actually a sociopath, I think.
He answered to his masters, the bankers.
Anonymous Coward
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09/02/2013 05:34 AM
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Re: has the silver and gold rocket been launched! silver up almost $1 and gold over $30 ALREADY
don't be too shocked if the NY Boyz don't pull a whipsaw and shake out both the short AND long stops, they've done it plenty of times before.
 Quoting: Spam Killer


This is gonna be a crazy week to say the least. Do you see it going lower?

I originally had a price point of $15 silver and $1,000 gold. I'm starting to rethink that a little.
 Quoting: andawg221


I'm thinking $19.xx is the floor for this year but what do I know?
 Quoting: Spam Killer


It did hit $17.90 so a little lower than you thought. But not quite where I did.

Hopefully that means you got to buy the bottom? I got a little right at the bottom + premium.

Unless we have another downturn before the years over, but I can't see that happening now.

We may go lower, but $17.90 was the bottom I do believe.

I'm seeing a bunch of "we buy gold and silver" signs again. So its moving up for now at least.

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