Silver Up Almost a Buck today

[JJ.G0ldD0t]

Nobody talking about it? :p


What's their excuse? Blythe out sick today?

[Half Sense]

No rockets in my skies....currently up $1.22, biggest day in a while.

[JJ.G0ldD0t]

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

[osoab]

Should have bought some yesterday. :'(

[JJ.G0ldD0t]

Should have bought some yesterday. :'(

I should have bought some in 2002. :'(

[ximmy]

Nobody talking about it? :p


What's their excuse? Blythe out sick today?

What's to talk about... the price needs to correct up without manipulation.

[gunDriller]

http://www.kitco.com/images/live/nysilver.gif

on King World & Fin. Sense webcasts, they talk about $35 as being some kind of threshold that brings in the traders, or momentum traders, whatever they're called.

i remember some of them saying that once it gets over $35 it's a straight shot to $50.

anyway, i'm glad to see Silver starting to tell the truth about the non-value (de-value ? puss-value ?) of the fiat $.

[Twisted Titan]

Makes no difference to those of us who dollar cost average

[madfranks]

I'm trying to ignore silver's move from $30 to $40, because I have no fiat to spare to buy any.

[BrewTech]

Should have bought some yesterday. :'(

Shouldn't have sold some yesterday! ;)

[zap]

Whooo hooooo silver up over 30 yee hawww ;) my gosh it has been a dog.

[Dogman]

Whooo hooooo silver up over 30 yee hawww ;) my gosh it has been a dog. Yes , it has been a very good dog!

;D

[Serpo]

This looks like a major break out and if you listen closely you may hear the dog start to howl.

[mamboni]

This looks like a major break out and if you listen closely you may hear the dog start to howl.

Sure as shit it do! Now, nobody post a frickin' rocket and jinx this sucker, OK?

[gunDriller]

i wonder if the Cartel is on vacation for a few weeks.

will they come back in time for options expiry next week, to raid from $31 down to $27 ?


my prediction - Blythe & Co. will come back from vacation with sunburn & peeling skin.

the peeling skin will get stuck between the keys on their keyboards.

while they are getting new keyboards, the price will go to $50+.

Silver-holders around the world will live happily every after.

[chad]

options expiry always wins. then, to $50.

[gunDriller]

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/8/28_Embry_-_Gold,_Silver,_A_Collapsing_Global_Economy_%26_Pan ic_files/shapeimage_22.png

love the sight of these bars, but i'm not sure exactly what they are.

1 kg ?

[1970 silver art]

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/8/28_Embry_-_Gold,_Silver,_A_Collapsing_Global_Economy_%26_Pan ic_files/shapeimage_22.png

love the sight of these bars, but i'm not sure exactly what they are.

1 kg ?

Those are Perth Mint silver bars and they come in sizes of 10-oz, 20-oz and 1Kg. Those are the best looking bars IMO but I think that those sell for a big premium on ebay based on past ebay auctions that I have seen on them.

[1970 silver art]

options expiry always wins. then, to $50.

As long as JPM still has control of the silver market with its paper short positions, then it will stay under $50 in the next few years since the $50 barrier will be well guarded by JPM. Also, if the European crisis (especially Italy) gets worse and/or the U.S. gets in another major recession then that will dampen industrial demand for silver and will bring the spot price down. Honestly speaking, I do not see silver touching AND holding (i.e. closing above) $50 before 2015. Just my gut feeling speaking to me.