$70 Silver By June 27th, 2011? POLL
BigRick
Posts: 1,334
Will Silver (as defined below) HIT $70 sometime between now and the close of option trading on 6/27/11. Yes or No.
Date picked based on the COMEX July 2011 Silver Option Expiration Date.
Price (i.e. $70) picked due to that being the current top strike call for the above.
Current Prob. of doing either is less than 1% (actually between approx 0% & 0.5%).
fyi: Current Bid/Ask of SIN1 70C: .201/.300 (i.e. $1,005/$1,500).
Date picked based on the COMEX July 2011 Silver Option Expiration Date.
Price (i.e. $70) picked due to that being the current top strike call for the above.
Current Prob. of doing either is less than 1% (actually between approx 0% & 0.5%).
fyi: Current Bid/Ask of SIN1 70C: .201/.300 (i.e. $1,005/$1,500).
0
Comments
"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
<< <i>Let's get past the upcoming correction first. >>
Agree. Let's get that under our collective belts. I first need to sell bars at this friday's local coin show.
Last year at the same show I bought two 10oz bars for $200 each. I may convert them into gold.
<< <i>Let's get past the upcoming correction first.
>>
and don't forget, we still need to close at $50...( the fat lady hasn't sung yet )
to shake out all the weak hands that compare what is happening now with what happened
with the Hunt Brothers in the late 70's.
Even though one event has absolutely nothing to do with the other except the fact that there
is an element of manipulation in both events. Back in the late 70's the majority of the event was
due to market manipulation, Upwards by the Hunt Brothers
The event of the present has an element of manipulation, Price suppression by large Banking institutions
and others for decades For which their feet are just beginning to be held to the fire. quietly of course
But I think the manipulation this time is a much smaller part of the equation. Compared to the events of
enormous importance taking place around the globe not just in our little corner of the world.
<< <i>I am going to vote no on this one. Pleasae make me eat my words as I am not selling!!!
Same here.
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<< <i>Let's get past the upcoming correction first. >>
Don't you mean the on-going correction? It's already down more than $2 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
<< <i>
Last year at the same show I bought two 10oz bars for $200 each. I may convert them into gold. >>
You a wise man in my book.
<< <i>Pleasae make me eat my words as I am not selling!!!
i have a plate ready for $55
<< <i>Will Silver (as defined below) HIT $70 sometime between now and the close of option trading on 6/27/11. Yes or No.
Date picked based on the COMEX July 2011 Silver Option Expiration Date.
Price (i.e. $70) picked due to that being the current top strike call for the above.
Current Prob. of doing either is less than 1% (actually between approx 0% & 0.5%).
fyi: Current Bid/Ask of SIN1 70C: .201/.300 (i.e. $1,005/$1,500). >>
May I wait till after the Bernack's lil press conference tomorrow before voting ? ! ? !
HH
1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
Any help locating any of these OBW rolls would be gratefully appreciated!
For June Futures: Prob of hitting 50 by option exp date is 51.91%
For July Futures: Prob of hitting 50 by option exp date is 65.98%
For Sep Futures: Prob of hitting 50 by option exp date is 75.31%
For Dec Futures: Prob of hitting 50 by option exp date is 78.54% (11/22/11).
I knew it would happen.
<< <i>"...It cannot even hit $50 and I do not expect it to hit $50 this year..."
For June Futures: Prob of hitting 50 by option exp date is 51.91%
For July Futures: Prob of hitting 50 by option exp date is 65.98%
For Sep Futures: Prob of hitting 50 by option exp date is 75.31%
For Dec Futures: Prob of hitting 50 by option exp date is 78.54% (11/22/11). >>
Yeah but it is not a 100% probability. I have high standards.
As for $70 silver in 2011........................................HAHAHAHAHAHAHAHAHAHAH!!!!!!!!!!!!!!!!!! That's not going to happen at all this year.
fwiw: For those that vote no to this poll, you can get paid OVER $1,850 for EACH Jul 70 Call you sell at the present time (as of 10:20a CST 4/28/11).