$30 Ag?

[Neuro]

Around 28.40 right now. When will Silver spot get over $30...

[1970 silver art]

I voted that $30 silver will happen this week. I will make a wild guess by saying that $30 silver will happen on Thursday (Nov. 11).

[Neuro]

I voted that $30 silver will happen this week. I will make a wild guess by saying that $30 silver will happen on Thursday (Nov. 11).




Not an unlikely guess actually. I guessed this month, but I think it is more likely within this week on second thought...

[SHTF2010]

THINK POSITIVE

TODAY

[chad]

this is insanity. ;D

other than novelty purchases, i'm officially priced out.

[osoab]

this is insanity. ;D

other than novelty purchases, i'm officially priced out.


Same here. I picked up my last few gifts for the year this weekend. I paid 27 an ounce.

Time to buy more food and clothing.

I say this week if not today.

[still afloat]

Ok , I'll go all out and say $ 30.02 on Thursday at 1:23 PM EST.
Then dropping to $ 25.73 at 11:58 AM EST on Friday.
Jumping to $32.18 sometime before the Turkey comes out of the oven.

[Filthy Keynes]

I think we will hit 30 and then see a price correction for a short while. APMEX has way too much inventory still - a price correction down to the upper 20's to mid 20's would help clear out their inventory.

[undgrd]

I voted sometime this month but expect it around the 15th

[Libertarian_Guard]

I think we will hit 30 and then see a price correction for a short while. APMEX has way too much inventory still - a price correction down to the upper 20's to mid 20's would help clear out their inventory.


I took at look at APMEX last night, they have no 90% junk silver bags. No $110, no $500 and no $1000 bags.

NONE!

And I guess it's a good thing, $1000 face bag of 90% junk might be over 22K . . . . I am sure the Franklin Halves would be!

[Silver Rocket Bitches!]

I've been expecting a correction since we hit $25. Nothing goes up forever but the metals are testing that theory. Investors are going to seek profit at some point, right?

[JohnQPublic]

I think we will hit 30 and then see a price correction for a short while. APMEX has way too much inventory still - a price correction down to the upper 20's to mid 20's would help clear out their inventory.


I took at look at APMEX last night, they have no 90% junk silver bags. No $110, no $500 and no $1000 bags.

NONE!

And I guess it's a good thing, $1000 face bag of 90% junk might be over 22K . . . . I am sure the Franklin Halves would be!


They have 5 @ 1000 face bags. I saw them last night also. 20.5 x face ! I think we are seeing massive short covering, and this may take some time.

[Libertarian_Guard]

http://i53.tinypic.com/2rdkj74.jpg

[Twisted Titan]

this is insanity. ;D

other than novelty purchases, i'm officially priced out.


I went to mey dealer yesterday and he had dam near nothing.

I had to settle for a 7 mercury dimes ( 2 bucks and piece) and a unmarked silver round for 24 bucks.

The choice stuff is gone

The High prices bring out the freaks that know nothing other than it is going up.


Wild times.

T

[mamboni]

In my neck of the woods, fully 99% of folk are completely oblivious to the PM markets and don't own gold and silver save some jewelry. We have not entered the explosive bubble mania phase yet. The potential upside for gold and silver is huge. ;D

[DMac]

In my neck of the woods, fully 99% of folk are completely oblivious to the PM markets and don't own gold and silver save some jewelry. We have not entered the explosive bubble mania phase yet. The potential upside for gold and silver is huge. ;D



Agreed.

I think we hit 30 Monday night next week.

[Filthy Keynes]

I think we are seeing massive short covering, and this may take some time.


I think that is exactly what is going on. It's the PAPER price at COMEX and LBMA coming unraveled.

I also think the miners have a lot of catching up to do. In other words, this is a fantastic time to buy mining stocks because they are very cheap compared to the metal price.

[Spectrism]

In my neck of the woods, fully 99% of folk are completely oblivious to the PM markets and don't own gold and silver save some jewelry. We have not entered the explosive bubble mania phase yet. The potential upside for gold and silver is huge. ;D


Agreed. And the move into PMs has not been an investment fad. It has been a fear of dollar devaluation- just like the stock market. The only thing that could make this turn into a PM bubble would be an increase in dollar value..... like that is going to happen. I think this blasted cruise ship already left harbor and I am pissed.... I had hoped things would have unfolded a little differently but the damned government fvkked up the system. Lesson learned- don't plan on the future unfolding in a reasonable way.

[milehi]

http://www.youtube.com/watch?v=K-7iGfMiS_4

[Heimdhal]

I think were gonna come in just under $30 before we have a hard correction down into the low to mid 20's and then a slow slide back into the high teens, then a slooooooow rise back into the low 20's for a new floor.

Were coming into an odd numbered year and those are almost predictably slow for PM's.


But this is all just a wild guess. ;D

[Kali]

Its profit taking time for me.

Yeehaw!

[gunDriller]

it's climbing $1 a day.

at this rate, it'll near $30 Wednesday and pass it Thursday.

just in time for the start of the O'Neill World Cup at Sunset Beach !!! :D ;D :)

http://www.triplecrownofsurfing.com/reefhawaiianpro/

[midnight rambler]

Ratio now at 49.5:1.

[Neuro]

Ratio now at 49.5:1.
Was just about to post that it was below 50...Could be a good time changing some of my silver granule into more SHTF resistant gold bullion :wwfg

[Spectrism]

Will the fed & treasury pull another game of pumping the dollar up? Maybe... but only for temporary show. It is possible for silver to drop at times. We have seen that the market is full of volatility and change. Longer term- the dollar value must drop or default becomes the slayer.

[Neuro]

http://www.youtube.com/watch?v=K-7iGfMiS_4

This tells me that silver has a far way to go!

[chad]

yeah, they're only buying sterling. no mention of 999 even.

[midnight rambler]

The sleeper awakens. Ratio now 49.2:1 with no pause, no sign of slowing, if anything it seems to be picking up steam. WOW Not a good sign for our state of affairs.

When will it hit 16:1? :o

[midnight rambler]

49.1:1, dropping like a stone. Something is up with that.

[nunaem]

At this rate we should see $30 by dinner time.

[Heimdhal]

Anyone wanna trade? I need some gold in the worst way. :)

[Neuro]

THINK POSITIVE

TODAY
Damn it you may be right. 29.18 now!

[chad]

29.34

good lord, this is getting stupid. i'm done buying for the most part, but almost $30 this fast?

[mamboni]

For some reason, the silver miners are lagging the silver price today - buying opportunity - I just added 2000 more of SIL to my present position. All my paper silver is in CEF, the largest block of shares in my portfolio. I wouldn't touch GLD or SLV with a ten foot pole.

[Ponce]

Wowwwwwwwwwwwwww looks to me like it will hit it tonight.........my silver is now up my price X 7 ;D

[chad]

gld and slv only exist to siphon away from the physical market on purpose. they knew money was headed toward au and ag, so they created them to stave off the inevitable rush to physical. at some point those 2 clowns will implode. so, good call mamboni ;D

[Spectrism]

Last weekend I bought 6 oz of silver at $28 per.... and was thinking the markup over spot was a bit much... but I was thinking long term. Deee-amm.... I did not expect long term to be a week.

[chad]

Last weekend I bought 6 oz of silver at $28 per.... and was thinking the markup over spot was a bit much... but I was thinking long term. Deee-amm.... I did not expect long term to be a week.


same here. i caved and bought a 10 ounce bar this morning just because i had to drive past the dealer on an errand. he had just gotten it 15 minutes or so earlier, lucky timing. i paid $300 for it. looks like i will have made a profit by the end of today. :o

[Neuro]

http://www.kitconet.com/images/sp_en_6.gif
Silver gained almost at a 1:5 ratio vs gold today!

[osoab]

Nice smackdown to end COMEX.

[Neuro]

Nice smackdown to end COMEX.
Wow amazing yes almost 2 bucks down in half an hour!

[Silver Rocket Bitches!]

THERE'S that volatility we've grown so used to. I knew it'd come back eventually.

[osoab]

http://www.weblinks247.com/indexes/idx24_usd_en_2.gif

Bucky is getting a stiffy. ;D

[osoab]

Now Ag is +.38?

What volatility?

[1970 silver art]

I just clocked out for break at work and I need to ask.........WTF happened to the DOG's run? Is Kitco crapping out again? I thought I saw the DOG up about $1.30 and it was over $29 when I last checked. Now it is up "only" 0.31. WTF happened?

[nunaem]

I just clocked out for break at work and I need to ask.........WTF happened to the DOG's run? Is Kitco crapping out again? I thought I saw the DOG up about $1.30 and it was over $29 when I last checked. Now it is up "only" 0.31. WTF happened?


Profit-taking and the dollar, the latter is just an excuse to do the former.