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Nice bounce back for Silver today...

DoubleEagle59DoubleEagle59 Posts: 8,377 ✭✭✭✭✭
in U.S. Coin Forum
Despite the past couple of 'down' days for all PM's, I find the very recent large bounce back (of almost $0.80) for Silver very encouraging.

This shows very strong support for Silver.

image
"Gold is money, and nothing else" (JP Morgan, 1912)

"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

"I only golf on days that end in 'Y'" (DE59)

Comments

  • BECOKABECOKA Posts: 16,961 ✭✭✭
    I like silver. image

    Wish I had more at the $6 price of just a couple years ago.
  • cladkingcladking Posts: 28,720 ✭✭✭✭✭
    What might be more encouraging is that it happened in New York.

    I'd expect to see some strenght ahead in the short term.
    tempus fugit extra philosophiam.
  • jmski52jmski52 Posts: 23,224 ✭✭✭✭✭
    I was ready to buy, and the price was $17.07 - then I had to take a phone call, and by the time I placed my order, the price was $17.35. Then again, silver has always been that way - she moves fast.

    I bought it anyway - it's not a speculation for me.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • meluaufeetmeluaufeet Posts: 767 ✭✭✭
    Did anyone see the silver lease chart at silverseek.com today? I can't remember seeing anything like it... short term rates has been negative for a while. If someone can post the chart, I'd appreciate it.

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