Did you silver jump to $35.13?

[Ponce]

I happen to be looking at it when it made the jump........ ;D.........silver up, Federal Reserve downnnnnnn.

[platinumdude]

No it didn't. It's your dizziness that is making you think that. ;D


So who is going to buy silver this weekend?

[uncletonoose]

Where is Mamboni when you need him. I need a dick stabbing! ;D

[Ash_Williams]

This is rocket worthy. Another 10 cents and it will be a $1 up, nearly straight line.

[Ponce]

$35.29..........up $1.06

[osoab]

http://depletedcranium.com/science-russian-rockets-soyuz-soyuz-tma-9-launch.jpg

[Uncle Salty]

Well, touch my balls.

Someone needed to cover some shorts perhaps.

[osoab]

http://technabob.com/blog/wp-content/uploads/2009/02/jet_lev_jet_pack.jpg

[Ponce]

Silver up $1.08 today........with todays profit alone I could buy a very nice car.........but of course I am still waiting for my "Silver Island" ;D

[TheNocturnalEgyptian]

http://www.impawards.com/1991/posters/rocketeer.jpg

[madfranks]

Wow, up $1.44 today. Watch for the pullback tomorrow.

[mick silver]

35.71 real nice move today

[platinumdude]

Wow, up $1.44 today. Watch for the pullback tomorrow.


I guess you must mean Sunday night and Monday morning.

[1970 silver art]

Something stinks in New York......Smells like the decomposing body of JPMorgan. The DOG rules....................

[sirgonzo420]

Something stinks in New York......Smells like the decomposing body of JPMorgan. The DOG rules....................




Man's best friend!


;D

[platinumdude]

I need to find a live gold to silver ratio chart. I found some older ones.


http://www.gold-eagle.com/charts/gegsr.html

[JohnQPublic]

Things are going exponential fast.

[Sparky]

I need to find a live gold to silver ratio chart. I found some older ones.


http://www.gold-eagle.com/charts/gegsr.html


This one is updated daily: http://www.goldprice.org/gold-silver-ratio.html

[Sparky]

Here's something interesting: The monthly average of the price of silver has exceeded $20/ounce only 12 times in history, with half of them occurring these last 6 months. [Older dates are rounded to the nearest dollar]:

1. Jan 1980: $38
2. Feb 1980: $37
3. Feb 2011: $30.78
4. Dec 2010: $29.35
5. Jan 2011: $28.40
6. Mar 1980: $28
7. Nov 2010: $26.54
8. Dec 1979: $24
9. Oct 2010: $23.39
10.Sep 1980: $22
11.Oct 1980: $21
12.Sep 2010: $20.55

So far, first four days of March has averaged $34.52.

[Rebel Yarr]

mixed feelings here - as I am sure most everyone else does too.

But wow - that $100 silver is sure looking possible....

Anyone have a good deal on scuba gear?

[madfranks]

Wow, up $1.44 today. Watch for the pullback tomorrow.


I guess you must mean Sunday night and Monday morning.


Ha ha, what is today, Friday? Yep, I meant after the weekend. ;)

[Sparky]

mixed feelings here - as I am sure most everyone else does too.

But wow - that $100 silver is sure looking possible....
...


Yeah, I thought $100 silver was a longshot, like a 5% chance that it could get there. I still think it's a longshot, but now at 20%. I guess that's what $35 silver will do to you.

Now this might sound like blasphemy, but looking at the 8-year chart, silver might be best served with a healthy correction soon. We had a nice wave up to $14 in 2006, and a similar looking move up to $21 in 2008. But this near-doubling to $35 in the last 6 months looks a bit erratic, more symptomatic of an end-of-bull flame-out. I don't think that's what it is, but I wouldn't mind spending a few months back in the 20's to let this big move digest, and set the floor for a more stable assault on $50. The best way to high long term prices is to build stable floors.

$750 for a single roll of 1-oz rounds. $20,000 for a monster box of Eagles. "Junk" silver coins at 26x face. It's mind-blowing.

[osoab]

I need to find a live gold to silver ratio chart. I found some older ones.


http://www.gold-eagle.com/charts/gegsr.html


Try this. I think Serpo posted this site a few days ago.

http://goldprice.org/spot-gold.html

http://goldprice.org/NewCharts/gold/images/gold_3d_b_silver.png?0.6746011847146482

[old steel]

I predict brass and lead will be more valuable than silver once we are past a certain point.

Doubly so for food and water.

Not looking forward to it one bit either.

[sirgonzo420]

I predict brass and lead will be more valuable than silver once we are past a certain point.

Doubly so for food and water.

Not looking forward to it one bit either.


I think you're right, but I really hope you're wrong.

:-\

[Uncle Salty]

I predict brass and lead will be more valuable than silver once we are past a certain point.

Doubly so for food and water.

Not looking forward to it one bit either.


True dat.

However, if you need to get out of dodge on foot, you can only carry so much silver, food, water, and ammo. But gold, because it stores much value in such a small space, is invaluable for transporting wealth.

Best to have all of the above and see what unfolds.

[platinumdude]

We hit $36 today. Interesting. Will have to see where oil is now.

[Ponce]

Why worry about this and that and the other?.......buy them all and worry about none....makes sense, no?

[madfranks]

Wow, up $1.44 today. Watch for the pullback tomorrow.


I guess you must mean Sunday night and Monday morning.


Ha ha, what is today, Friday? Yep, I meant after the weekend. ;)


Dang, I suppose I was wrong big time. Sunday night and silver is up another 60 cents! This is one of the strongest upward trends I've seen in a long time!

[Sparky]

Dang, I suppose I was wrong big time. Sunday night and silver is up another 60 cents! This is one of the strongest upward trends I've seen in a long time!


Other than 1979-80, this IS the strongest upward trend yet. Compare it to May 2006 and March 2008 (see chart in Reply #21), which were considered whoppers at the time. This is putting those to shame.

[old steel]

Are any of the Hunt brothers still around maybe they would like some of this action? ;D

The Aftermath

After hearings held by the House Subcommittee on Commerce, Consumer, and Monetary Affairs, the chairman of the Federal Reserve, Paul Volcker, suggested that the government should help the Hunts to restructure their debt so as to stabilize the nation's financial markets. In the plan that was drawn up, the Hunts were required to liquidate their silver holdings in exchange for a loan secured by a large percentage of their wealth.


http://www.encyclopedia.com/doc/1G2-3468302990.html

[BrewTech]

Looks like an attempted beatdown in progress... gold in the red, silver hanging in but quite a ways of its high...

PGM's getting battered... trading for Au & Ag?

[Twisted Titan]

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