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View Full Version : Now then, silver up or down overseas?



Ponce
15th May 2011, 12:11 PM
Lat time I did say up ......and it did go up......but then it went down :'(

BrewTech
15th May 2011, 12:20 PM
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Trinity
15th May 2011, 01:16 PM
Count me in the up camp.

gunDriller
15th May 2011, 01:29 PM
sideways until the panic of 2011 comes (when it will get to some new 2011 lows), then UP UP and away ...

the US will run out of hunted fugitives to use to give the US $ a bump.

how's that for currency manipulation ?

Gaillo
15th May 2011, 02:15 PM
Up. I think the "correction" is over - time for the REAL correction to $50 and beyond! ;D

mamboni
15th May 2011, 02:20 PM
Silver is sitting on a major support line:

http://3.bp.blogspot.com/-l8ZHcBzify4/Tc_w3xaWzLI/AAAAAAAAQw0/xewKQhINGFo/s640/silverfibo.PNG


Whatever it does, the bull is no where near done. I think gold and silver will form bottoms in the next 3-5 weeks and then it is off to the races. Silver will take out $50!

Listen to this guy - he makes you believe that gold to $3000 and silver to $150 are going to happen, without any doubt.

http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/5/14_Robin_Griffiths.html

mick silver
15th May 2011, 02:42 PM
i hope up ... just got 25 more ozs

1970 silver art
15th May 2011, 03:41 PM
I say that silver will go down when the overseas markets open. The smackdown is not over yet and I still do not think that silver has bottomed out yet.

StreetsOfGold
15th May 2011, 03:53 PM
When (silver will not hit $50 dollars this year) speaks, I listen ;D

Serpo
15th May 2011, 03:58 PM
segment 3

http://www.kereport.com/2011/05/14/commodities-companies/

osoab
15th May 2011, 04:04 PM
Down she goes.

1970 silver art
15th May 2011, 04:07 PM
Yep. No surprise to me. Down it goes and the downside movement will get worse IMO when Monday Morning NY trading rolls around.

Ponce
15th May 2011, 04:13 PM
Silver Art?....GO TO YOUR ROOM.......no dinner for you tonight >:(

osoab
15th May 2011, 04:14 PM
Yep. No surprise to me. Down it goes and the downside movement will get worse IMO when Monday Morning NY trading rolls around.




That is just paper price. Apmex is currently running 42 for ASEs and 4 over spot for generic. Pricey.

1970 silver art
15th May 2011, 04:16 PM
Silver Art?....GO TO YOUR ROOM.......no dinner for you tonight >:(


Awwww Ponce!!!!!...............Do I have to?.........................I was going to celebrate with a pepperoni pizza and orange juice. :D

1970 silver art
15th May 2011, 04:25 PM
Yep. No surprise to me. Down it goes and the downside movement will get worse IMO when Monday Morning NY trading rolls around.




That is just paper price. Apmex is currently running 42 for ASEs and 4 over spot for generic. Pricey.




Despite the manipulation of the paper price, it still matters (when you sell to a local bullion dealer). SAE's are not too accurate IMO because SAE's are generally more expensive than .999 generic silver. I think that people should look at .999 generic silver premiums to get a more accurate price discrepancy between the paper price and the phyiscal price. With that said, there is no surprise to me that there is a difference between the paper price and the cost of obtaining physical in various places. That is to be expected and it could be another "2008" in which you had to pay large premiums on 1-oz .999 generic silver. When spot silver falls further, then that discrepancy between paper price and physical price will widen IMO. We will see what happens.

Neuro
15th May 2011, 04:32 PM
Silver Art?....GO TO YOUR ROOM.......no dinner for you tonight >:(


Awwww Ponce!!!!!...............Do I have to?.........................I was going to celebrate with a pepperoni pizza and orange juice. :D
Is the adoption finalized? ;)

1970 silver art
15th May 2011, 04:46 PM
Silver Art?....GO TO YOUR ROOM.......no dinner for you tonight >:(


Awwww Ponce!!!!!...............Do I have to?.........................I was going to celebrate with a pepperoni pizza and orange juice. :D
Is the adoption finalized? ;)




:ROFL:

Well Neuro, Since silver is a DOG, then I think that it is safe to say that Ponce was able to finalize the "adoption" 28 years ago. ;D As for me being "adopted", then, that will never happen and nobody will "adopt" me because I am just a normal sheeple person and I am too hard-headed to listen to anybody and I am just going to end up doing what I want to do anyway. :D

:ROFL:

LMAO!!!!!!!!!

osoab
15th May 2011, 05:15 PM
Silver Art?....GO TO YOUR ROOM.......no dinner for you tonight >:(


Awwww Ponce!!!!!...............Do I have to?.........................I was going to celebrate with a pepperoni pizza and orange juice. :D
Is the adoption finalized? ;)




:ROFL:

Well Neuro, Since silver is a DOG, then I think that it is safe to say that Ponce was able to finalize the "adoption" 28 years ago. ;D As for me being "adopted", then, that will never happen and nobody will "adopt" me because I am just a normal sheeple person and I am too hard-headed to listen to anybody and I am just going to end up doing what I want to do anyway. :D

:ROFL:

LMAO!!!!!!!!!


You may want to reconsider the adoption.

Ponce has one hell of a TP stash among other things. :sun:

1970 silver art
15th May 2011, 05:21 PM
Silver Art?....GO TO YOUR ROOM.......no dinner for you tonight >:(


Awwww Ponce!!!!!...............Do I have to?.........................I was going to celebrate with a pepperoni pizza and orange juice. :D
Is the adoption finalized? ;)




:ROFL:

Well Neuro, Since silver is a DOG, then I think that it is safe to say that Ponce was able to finalize the "adoption" 28 years ago. ;D As for me being "adopted", then, that will never happen and nobody will "adopt" me because I am just a normal sheeple person and I am too hard-headed to listen to anybody and I am just going to end up doing what I want to do anyway. :D

:ROFL:

LMAO!!!!!!!!!


You may want to reconsider the adoption.

Ponce has one hell of a TP stash among other things. :sun:


Hahah!!!!! Nope. While it is true that Ponce has one hell of a TP stash, I prefer to stand alone. ;D Besides, I just want only 3 rolls of tp and it appears that I am on my way to winning those 3 rolls of Ponce's tp since silver will NOT hit $50 this year. ;D

Ponce
15th May 2011, 05:37 PM
I'll let my son Silver buy me some diapers.....hey! what are sons for if not to take care of thir elders? :oo-->

1970 silver art
15th May 2011, 05:52 PM
I'll let my son Silver buy me some diapers.....hey! what are sons for if not to take care of thir elders? :oo-->


WOW Ponce!!!!! I did not know that you had any children. Is your "son" named "Silver TP"? Does your "son" get all of your tp stash and your silver island when you pass away?

However, the most important question that everybody on GSUS wants to know is this.................Does your son named "Silver TP" agree with me that Silver will NOT hit $50 this year? :D

OH BTW......I am glad that your son named "Silver TP" is willing to take care of you in your old age. ;D He sounds like a very wonderful person. Ponce? I wonder if your son likes pepperoni pizza and orange juice? If so, then I would like for your son to come to Tennessee to meet me for pepperoni pizza and orange juice and discuss how I won 3 rolls of tp from you. :D

Trinity
15th May 2011, 06:03 PM
Silver just turned positive 3 pennies in a fast market!

1970 silver art
15th May 2011, 06:15 PM
Silver just turned positive 3 pennies in a fast market!


It was short-lived. It is now down 0.11 as I type this. I think that it will be flat throughout most of the tonight and early tommorrow morning before it gets smacked down. When NY tradng begins, then it will go down.

Plastic
15th May 2011, 07:11 PM
Down 50 cents now, 7.25 frn's here we come! :P

I would'nt mind seeing it hit 7.25 even with a 12.00 premium.

1970 silver art
15th May 2011, 07:16 PM
Down 50 cents now, 7.25 frn's here we come! :P

I would'nt mind seeing it hit 7.25 even with a 12.00 premium.


Be careful what you wish for because there is that very slim possibility that you will get it and then some. :) Honestly, I do not see silver going down to $7.25/oz. I am convinced that silver will bottom out at $26. If JPMorgan managed to smackdown silver to that $7.25 level (or lower), then that DOG is dead and it will not come back to life.

Plastic
15th May 2011, 07:28 PM
But it would give us more time to accumulate the dog. I have a feeling the high 20's will be our last chance though.

1970 silver art
15th May 2011, 07:35 PM
But it would give us more time to accumulate the dog. I have a feeling the high 20's will be our last chance though.


Yeah I think the high $20's might be the last chance too. Once silver hits the high $20's then it might not stay in that level too long before it recovers. I am going to guess that once silver bottoms out at around $26 sometime this Summer, then you might have about 3 or 4 months to buy in the high $20's before it starts to recover from those lows. This is just a wild guess in my part.

madfranks
15th May 2011, 07:44 PM
Despite the manipulation of the paper price, it still matters (when you sell to a local bullion dealer). SAE's are not too accurate IMO because SAE's are generally more expensive than .999 generic silver. I think that people should look at .999 generic silver premiums to get a more accurate price discrepancy between the paper price and the phyiscal price.


I think this makes a lot of sense. For whatever reason, people are willing to pay more for SAEs; I think it's a mixture of popularity and perceived extra security of owning them that accounts for the extra premium. Of course, popularity and feelings of security are not inclusive to the actual silver price, so generic (or even silver granule) would be a better measure of the disconnect between paper and actual silver.

ShortJohnSilver
15th May 2011, 08:03 PM
Tulving.com is OUT of SAE's....