Run Forrest ..Run!
carew4me
Posts: 3,470 ✭✭✭✭
To your nearest website or BM and BUY...BUY...BUY!!
Loves me some shiny!
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Let's see how it closes tomorrow (either Ag or Pt) and I might load a little more.
Coinfame,Kaelasdad,Type2,UNLVino,MICHAELDIXON
Justacommeman,tydye,78saen,123cents,blue62vette,Segoja,Nibanny
There were 29 full rim barber halves, 3 nice toned AU 1893 Columbian exposition halves, 2-1919 and 2-1919-S halves in G-VG, a F 1920 with what appears to be album toning along with several other toned circulated coins including a nicely toned 1934-D which is close to an XF.
<< <i>what are you guys buying? silver or gold >>
I am buying silver.
JMHO.
The selling out weighed the buying. This last push down (thursday) violated the 3 year ema on both the weekly and the monthly and that area held the previous two times.
This don't bode well, but it does appear to be oversold as the histogram actually rose and we are right at the previous record low ($26.40) since the $49.82 high may 2011.
This 26.50 area is important also because of the 50%($26.67) of the $3.50 low back almost 10 years ago to the high of $49.82 may 2011.
If this low of 26.40 is taken out and the histogram turns negative, then uh......
We definetley have a classic bull and bear struggle, but we have been in accepted bear territory for some time. It's about time we get out of it.
Now who in there right mind would be dumping their stash at 27.50 - 28.50 but someones or some un-named banks, or is Mr. microsoft still dumping his?
Must be Time to buy some more Silver !
Box of 20
It's that low velocity money that is driving them nuts over there at the Fed.
I knew it would happen.