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How long will silver stay above $32.50

gsa1fangsa1fan Posts: 5,566 ✭✭✭
in Precious Metals
Will it last a day, the week, or to the moon?
Avid collector of GSA's.

Comments

  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    I voted for a Sunday night smackdown.

    No chart reading. Just my gut feeling.
  • dontippetdontippet Posts: 2,617 ✭✭✭✭
    I voted for one day. It could very easily stay for more than a day, but the other option was one week, and that would seem difficult for silver to stay above $32.50 for the entire week.
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  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    I said one day too. I think NY will slam it in morning but it will recover in afternoon. Tuesday I think real smack down will occur. JMO, guessingimage
    Avid collector of GSA's.
  • jmski52jmski52 Posts: 23,953 ✭✭✭✭✭
    Welcome to the new normal!
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • PerryHallPerryHall Posts: 47,501 ✭✭✭✭✭


    << <i>I voted for a Sunday night smackdown.

    No chart reading. Just my gut feeling. >>



    Agree. Considering the recent meteoric rise in the price of silver, we are overdue for profit taking and a major correction.

    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

  • 1jester1jester Posts: 8,637 ✭✭✭
    When will silver ever be able to overcome the $20/oz hurdle? Give me a break, it'll never get past $20 again; it's probably headed back to the single digits.

    imageimageimage

    ....oh, that was 6 months ago. Sorry.
    .....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
  • OverdateOverdate Posts: 7,314 ✭✭✭✭✭
    << How long will silver stay above $32.50? >>

    Or to rephrase - how long will the dollar stay below 1/32.50 ounces of silver?

    P.S. Anyone notice how cheap gasoline has become? Less than 14 cents a gallon (in 90% silver coin, of course). image

  • WingsruleWingsrule Posts: 3,290 ✭✭✭✭
    At a show today, a big dealer was paying 22x and he had none to sell.
  • OPAOPA Posts: 17,160 ✭✭✭✭✭


    << <i>P.S. Anyone notice how cheap gasoline has become? Less than 14 cents a gallon (in 90% silver coin, of course). image >>

    >>



    Unfortunately, my station and none in the neighborhood, will accept silver coins in lieu of cc or cash. I need to sell my silver first, await payment, have the cash transferred to my checking account, use the ATM for a cash withdrawal....what a PITA. Need to buy me an all electric car for 50% more than what a similar gas powered car would cost. image

    BTW I voted for 1 day....Warning, as of late, I've been batting 100% in my predictions...wrong....
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • PinkFloydPinkFloyd Posts: 1,762 ✭
    Correction coming....I'll vote for a day thinking this will probably happen sooner than later.
    Successful transactions with keepdachange, tizofthe, adriana, wondercoin
  • tee135tee135 Posts: 321
    Until political issues in the east are resolved....silver will go up, with just small corrections for the speculators to take their $$$$
  • roadrunnerroadrunner Posts: 28,371 ✭✭✭✭✭
    Canadian and US markets closed Monday. So any smackdown will begin Monday night or Tuesday morning to coincide with Wed options expiration.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • PerryHallPerryHall Posts: 47,501 ✭✭✭✭✭


    << <i>Until political issues in the east are resolved.... >>



    When you say "in the east", do you mean Washington,D.C.?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

  • jpkinlajpkinla Posts: 822 ✭✭✭
    I believe the better question is "How long will silver be able to be purchased under $32.50?"

    RR, I believe there will be NO smackdown around options expiration. Just returned from the Phoenix Resource conference and I suspect we will be startled over the coming days........
    $10 Indian Gold Registry Set

    $20 Saint Gaudens Registry Set
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭


    << <i>Canadian and US markets closed Monday. So any smackdown will begin Monday night or Tuesday morning to coincide with Wed options expiration.

    roadrunner >>



    That blows my guess out the door.image Good to hear some institutions honor presidents day!image


    How much were the 10 oz silvers bars asking price today Wingsrule?
    Avid collector of GSA's.
  • mhammermanmhammerman Posts: 3,769 ✭✭✭
    Neat title: Mickey Fulp, Mercenary Geologist

    Agenda
  • OPAOPA Posts: 17,160 ✭✭✭✭✭


    << <i>Canadian and US markets closed Monday. So any smackdown will begin Monday night or Tuesday morning to coincide with Wed options expiration.

    roadrunner >>



    Kitco indicates US future market opens in 14 hrs. 17 mins. That is Monday in my book.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • jmski52jmski52 Posts: 23,953 ✭✭✭✭✭
    << How long will silver stay above $32.50? >>

    Or to rephrase - how long will the dollar stay below 1/32.50 ounces of silver?

    Overdate, that's the question people in "non-fantasy land" are asking!image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • WingsruleWingsrule Posts: 3,290 ✭✭✭✭
    Silver eagles were going for $36 and up.
    Generic 10 ozers at $340, JM/Engelhard at $345
    Generic 1 ozers for $34 and up.
    "Show Special" at one table: 1 oz Engelhards for $33 each. They didn't last longimage

  • Steve27Steve27 Posts: 13,277 ✭✭✭
    Well I was wrong, it's on the rise:
    image
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • WingsruleWingsrule Posts: 3,290 ✭✭✭✭
    Likewise, Steve. But it doesn't bother me this time.
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    knocking on $33 doorimage
    Avid collector of GSA's.
  • MilesWaitsMilesWaits Posts: 5,564 ✭✭✭✭✭


    << <i>knocking on $33 doorimage >>



    Just knocked it down and went in screaming and swinging at the shorties!
    Now riding the swell in PM's and surf.
  • mbbikermbbiker Posts: 2,873 ✭


    << <i>knocking on $33 doorimage >>



    knocked and ran right in its at $33.74
    Gold + Silver for sale on BST, Eagles, Pandas, ATB's...
  • DorkGirlDorkGirl Posts: 9,994 ✭✭✭
    hummmmm.......image
    Becky
  • OPAOPA Posts: 17,160 ✭✭✭✭✭
    Abandon ship...man the lifeboats....how low can she go.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • pitbosspitboss Posts: 8,643 ✭✭✭


    << <i>Abandon ship...man the lifeboats....how low can she go. >>





    Now it's how high can she go.
  • OPAOPA Posts: 17,160 ✭✭✭✭✭


    << <i>

    << <i>Abandon ship...man the lifeboats....how low can she go. >>





    Now it's how high can she go. >>



    ok...Re board ship...abandon lifeboats....Next stop...????
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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