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.

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.

fools

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.

Australians?

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.

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.

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

Are we there yet is the real question.

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.

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.

I've been stacking gold and palladium too. Gold, Palladium and Silver =diversification.

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.

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.

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)

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

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.

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.

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.

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.

member, out by 15.

silver safe

Didn't know that tungsten was flammable either

Them boys and girls be riding!

yes

We are breaking through some key resistance. Over $1,300 and $20, headed for $1,350 and $21 today?

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

It's now well over that.

Ouch, that man.
He was actually a sociopath, I think.
He answered to his masters, the bankers.

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.