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2-5-10 How low will PM's go? Today's market close.

gsa1fangsa1fan Posts: 5,566 ✭✭✭
in Precious Metals
My guess at close.

Gold $1,025

Silver $14.15


Actual

Gold $1,065

Silver $15.15 pretty much even with yesterday. This time I'm glad I was wrongimage
Avid collector of GSA's.

Comments

  • Norseman88Norseman88 Posts: 962
    Well if Silver falls to $14.15 and Gold to $1,025 then the stock market will fall at least 5% which will make yesterday look good. I wouldn't mind seeing this at all cause a few more days like this would mean I could deploy some cash into more Silver at bargain prices and my equity short ETF's would keep plowing ahead.
  • duxbuttduxbutt Posts: 190
    GSA I hope your right. I would love to see silver drop more
    Posative Transaction as Buyer: Aherensdad, cwazzy, ciccio, mkman,dropdaflag


    www.NebraskaSilverCoins.com


    Seller, SamByrd, HTubbs
  • PerryHallPerryHall Posts: 46,240 ✭✭✭✭✭


    << <i>My guess at close.

    Gold $1,025

    Silver $14.15 >>



    Do you really think silver will drop more than a dollar today?

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Not try to be right just ease the painimage

    I would suggest to hold dollars.
    Avid collector of GSA's.
  • Kd5ddoKd5ddo Posts: 208 ✭
    My guess is 1060 and 15.05

    My hopes are much lower but the day is still young...
    Remember that the market can stay irrational longer than you can stay solvent.

    BSTs with: Coll3ctor, gsa1fan, mkman123, ajbauman, tydye, piecesofme, pursuitofliberty

    Travelog - 20in20travels.com
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    $1070 & $15.25
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • dino2008dino2008 Posts: 341 ✭✭
    Silver @ 14.15 image
  • PerryHallPerryHall Posts: 46,240 ✭✭✭✭✭
    Silver just dropped below $15.image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • PerryHallPerryHall Posts: 46,240 ✭✭✭✭✭
    I guess it's time to start buying.image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • OPAOPA Posts: 17,124 ✭✭✭✭✭
    My crystal ball says ... not the time to buy ... we still have further losses ahead.

    $1,040 ... $14.79

    Disclaimer: My crystal balls track record is unblemished ... 100% record of wrong predictions.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    my crystal ball says 1100 and 17 imageimageimageimage
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • Kd5ddoKd5ddo Posts: 208 ✭


    << <i>my crystal ball says 1100 and 17 imageimageimageimage >>



    Moving date is getting close huh? image
    Remember that the market can stay irrational longer than you can stay solvent.

    BSTs with: Coll3ctor, gsa1fan, mkman123, ajbauman, tydye, piecesofme, pursuitofliberty

    Travelog - 20in20travels.com
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    hahhaahah

    trying to reverse all this negativity, maybe it will work? imageimage
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • GriptionGription Posts: 228
    wow

    i opened kitco and my jaw hit the floor... then i started pacing

    this game can be quite stressful.... oofda


    i guess it's time to buy,,,,, but please, please stop dropping haha
  • ChrisRxChrisRx Posts: 5,619 ✭✭✭✭
    900.00
    12.00

    by the end of the year
    image
  • gecko109gecko109 Posts: 8,231 ✭
    image
  • mudskippiemudskippie Posts: 540 ✭✭


    << <i>900.00
    12.00

    by the end of the year >>



    you're probably dreaming image but I would love to see your dream comes true!
  • Kd5ddoKd5ddo Posts: 208 ✭


    << <i>900.00 12.00 by the end of the year >>



    A GSR ot 75?!? We have only been above that level 3 times since 1996... During 1996, 2003, and recently in 2008/9. I can only hope we get there, of course I am still accumulating metals...
    Remember that the market can stay irrational longer than you can stay solvent.

    BSTs with: Coll3ctor, gsa1fan, mkman123, ajbauman, tydye, piecesofme, pursuitofliberty

    Travelog - 20in20travels.com
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Well all in all just a flat day. Sure moved a bunch to get back to yesterdays close.
    Avid collector of GSA's.
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    wooohooo no more drop imageimage GO BACK UP ON MONDAY PLS!!!! imageimageimage
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • OPAOPA Posts: 17,124 ✭✭✭✭✭
    Great ... my crystal ball forecasting stats remain at 100% inaccurate.

    image

    And the winner(s) are ... kd5ddo & Weiss .... Please contact the OP for your price....
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭


    << <i>Great ... my crystal ball forecasting stats remain at 100% inaccurate.

    image

    And the winner(s) are ... kd5ddo & Weiss .... Please contact the OP for your price.... >>




    Price?! That's an interesting Freudian image

    Yeah, looks like we split the difference, kd5ddo!!
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭


    << <i>Great ... my crystal ball forecasting stats remain at 100% inaccurate.

    image

    And the winner(s) are ... kd5ddo & Weiss .... Please contact the OP for your price.... >>




    43 six Quarter 95/100% = NO Charge!!!!image
    Avid collector of GSA's.
  • Kd5ddoKd5ddo Posts: 208 ✭


    << <i>

    << <i>Yeah, looks like we split the difference, kd5ddo!! >>



    YES!!! That a free 100ozer old pour engelhard right? SCORE!!!
    Remember that the market can stay irrational longer than you can stay solvent.

    BSTs with: Coll3ctor, gsa1fan, mkman123, ajbauman, tydye, piecesofme, pursuitofliberty

    Travelog - 20in20travels.com
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