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View Full Version : Silver has it's biggest day in three years and this is the first thread about it?



osoab
3rd January 2012, 02:49 PM
Damn, we need more posters.

So what gives? It couldn't all be due to the USD.



http://www.finviz.com/fut_image.ashx?si.png&rev=634612095584531250

http://www.finviz.com/fut_chart.ashx?t=SI&cot=084691&p=m5


Biggest Silver Surge In Over 3 Years (http://www.zerohedge.com/news/biggest-silver-surge-over-3-years)



Presented with little comment - Silver - having (like Gold) retraced all of last week's losses is seeing a record-breaking move today. This jump of 6.6% is the largest since 11/24/08 - over three years ago.

LuckyStrike
3rd January 2012, 02:52 PM
I imagine it's because we all lost ours in that boating accident some time ago.

ximmy
3rd January 2012, 02:53 PM
silver??... what's that?

EE_
3rd January 2012, 02:56 PM
http://www.youtube.com/watch?v=F1r6GcPqFSo

BrewTech
3rd January 2012, 02:59 PM
Guess I'm just tired of getting all excited when the next day there is a 50% chance of a 6% fall in price.

Shami-Amourae
3rd January 2012, 04:55 PM
*Pouts*

I'm kicking myself for not buying at $26. I just hope the bankers knock it down again. They were only able to do it over the Christmas week since everyone was at home with their families. There was almost no volume in the paper markets at that time.

JJ.G0ldD0t
3rd January 2012, 05:03 PM
Damn, we need more posters.

So what gives? It couldn't all be due to the USD.



Biggest Silver Surge In Over 3 Years (http://www.zerohedge.com/news/biggest-silver-surge-over-3-years)


wtf dude?

You're acting like this is a PM's and economics board or something.


We're just here for the crazy.

StreetsOfGold
3rd January 2012, 05:08 PM
ok I'll give the obligatory...


WOOT!!

ximmy
3rd January 2012, 05:12 PM
Wake me up when it corrects to 140...

solid
3rd January 2012, 05:24 PM
*Pouts*

I'm kicking myself for not buying at $26. I just hope the bankers knock it down again. They were only able to do it over the Christmas week since everyone was at home with their families. There was almost no volume in the paper markets at that time.

I'm smiling because I grabbed a little up at the $26 low. ;D I've got a couple of 10 oz bars coming. Every time in the past it seems silver would drop lower right after I ordered.

I think I timed this one right finally.

osoab
3rd January 2012, 05:28 PM
wtf dude?

You're acting like this is a PM's and economics board or something.


We're just here for the crazy.

Oops. My bad.

What was I thinking? ???

TomD
4th January 2012, 06:08 AM
Once Europe starts crapping out in earnest, it will be every currency for itself. In the meantime, PM's are on sale.

gunDriller
4th January 2012, 12:06 PM
*Pouts*

I'm kicking myself for not buying at $26. I just hope the bankers knock it down again. They were only able to do it over the Christmas week since everyone was at home with their families. There was almost no volume in the paper markets at that time.

i think we'll get close. the market is super-volatile, like someone with a manic-depressive condition.

and the world is de-leveraging - defaulting on debt right & left.

they are already printing boatloads of money, but they haven't announced QE3 yet.

in between now & then, in the midst of all that panic, i think the silver will see below $28 again. not sure about $26.

ask Silver Art !

Serpo
23rd January 2012, 03:19 PM
http://ten.com.au/images/Scope-episode-177-DIYscience-rubber-band-rocket-200x150.jpg Let the rubber band go this time...............

steyr_m
25th January 2012, 05:53 PM
I've been waiting for g/s to "go to the moon" for a long time. I'm not looking for it anymore, when it happens, it happens

k-os
25th January 2012, 06:05 PM
I don't really pay attention to the daily swings. For me, higher pm prices are not something to cheer about. I'm not a trader or an investor. I believe that higher pm prices = higher prices for all goods, and a decreased ability to buy more shiny gold and silver. What's to celebrate in that?

I don't get emotional about it, because I am in it for the long haul . . . preservation of wealth, plain and simple.

Having said that . . . w00t!