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$30 Silver is here!

ProofCollectionProofCollection Posts: 6,117 ✭✭✭✭✭
in Precious Metals
SI Comex silver just traded at $30.00...

Comments

  • mhammermanmhammerman Posts: 3,769 ✭✭✭
    Hombre!!!
  • percybpercyb Posts: 3,324 ✭✭✭✭
    FYI there's a lofty premium of Jan 33 calls on SLV. Traders expect the run to continue.
    "Poets are the unacknowledged legislators of the world." PBShelley
  • ProofCollectionProofCollection Posts: 6,117 ✭✭✭✭✭
    Good, I bought my Dec 27 calls $3 ago...
  • FountainheadFountainhead Posts: 956
    I suppose my local silversmith who is always complaining about the lack of business might finally stop using the 100oz Engelhard bars he's had forever as paperweights and sell them instead...
    Salute the automobile: The greatest anti-pollution device in human history!
    (Just think of city streets clogged with a hundred thousand horses each generating 15 lbs of manure every day...)
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    See, $30 before $20! image
  • 1jester1jester Posts: 8,637 ✭✭✭


    << <i>See, $30 before $20! image >>



    $50 will be here before you know it!

    imageimageimage
    .....GOD
    image

    "Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you." -Luke 11:9

    "Hear, O Israel: The LORD our God is one LORD: And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might." -Deut. 6:4-5

    "For the LORD is our judge, the LORD is our lawgiver, the LORD is our king; He will save us." -Isaiah 33:22
  • PreTurbPreTurb Posts: 1,193 ✭✭✭
    Imagine that.... $21,450 for a full bag 'o junk silver.
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Congrats to $30 silver. We knew you had it in ya!

    GSR now at 47.2.

    Note that the bottom channel of GSR formed over the past 25 years is around 46. So we're getting at the range where something might have to change. Of course it could also decide to penetrate the bottom channel and keep on going down.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • MeltdownMeltdown Posts: 8,789 ✭✭✭✭✭
    Where's Guru? I feel we owe him some good natured "Told You So's" image

    Click on this link to see my ebay listings.

  • OverdateOverdate Posts: 7,007 ✭✭✭✭✭
    I may need to update my sig soon! image

    My Adolph A. Weinman signature :)

  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Where's Guru? I feel we owe him some good natured "Told You So's"

    He should be back on the next dip, assuming it falls lower than the first one at around $25. It's possible. But have to see how silver performs from here to see how likely it is. There are a number of deeper gaps in SLV that based on past history, tend to get filled.

    Saint Guru was smart when he titled his silver was cooked thread as "Red Cents Can Turn Brown." Most everyone has forgotten what that thread is really about based on the title....except a few who keep TTTing it. image

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    bouncy bouncy bouncy
    below $30 once again. The space ship needs a booster rocket to get out of orbit.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • johnny9434johnny9434 Posts: 28,309 ✭✭✭✭✭
    its gotta stick first
  • BearBear Posts: 18,953 ✭✭✭
    imageimageimageimageimageimageimageimageimage
    There once was a place called
    Camelotimage
  • rpwrpw Posts: 235 ✭✭
    image
    imageimage Small Size National Bank Note Type Set $5-$100
  • derrybderryb Posts: 36,793 ✭✭✭✭✭
    image

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • pitbosspitboss Posts: 8,643 ✭✭✭


    << <i>image >>






    Which one is the wise old bear?
  • jmski52jmski52 Posts: 22,824 ✭✭✭✭✭
    image


    IS:

    image

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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