Home Precious Metals

So is this the new plateau for silver?

tneigtneig Posts: 1,505 ✭✭✭
Is 'flat' the year to two forecast?
COA

Comments

  • derrybderryb Posts: 36,584 ✭✭✭✭✭
    Volatility will shortly return. image

    "How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan

  • cohodkcohodk Posts: 18,941 ✭✭✭✭✭


    << <i>Volatility will shortly return. image >>



    Over the last year silver had a 47% drop and a 38% rally. My bet would be on considerably less volatility over the next year. However a trading range from 20 to 25 would be quite welcomed.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • jmski52jmski52 Posts: 22,634 ✭✭✭✭✭
    per Santelli, many of the variables influencing the rise in 10-yr bond prices and the drop in the dollar over the past 3 months are economic fundamentals.

    Carry on. Nothing to see here.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Silver will rise soon.... or maybe not...image Cheers, RickO
  • cohodkcohodk Posts: 18,941 ✭✭✭✭✭


    << <i>per Santelli, many of the variables influencing the rise in 10-yr bond prices and the drop in the dollar over the past 3 months are economic fundamentals.

    Carry on. Nothing to see here. >>



    I like Santelli. His platform for tirades is very visible and he speaks a popular message. His commentary on the market and economy has been quite poor over the last 3 years though.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,195 ✭✭✭✭✭


    << <i>

    << <i>per Santelli, many of the variables influencing the rise in 10-yr bond prices and the drop in the dollar over the past 3 months are economic fundamentals.

    Carry on. Nothing to see here. >>



    I like Santelli. His platform for tirades is very visible and he speaks a popular message. His commentary on the market and economy has been quite make over the last 3 years though. >>



    He's a no bullsh__ man ! I like him, too... What little I see of him through video streaming from AMTD's platform online, ... where I am partially divested and confused. image

    HE>I

  • reddwingreddwing Posts: 137 ✭✭
    Santelli is a bright guy. A little hard to follow at times and too many emotional tirades on camera. I don't need that just some plain and articulate analysis.
  • tneigtneig Posts: 1,505 ✭✭✭
    The mere mention of it.... and BAMM..
    COA
  • jmski52jmski52 Posts: 22,634 ✭✭✭✭✭
    The mere mention of it.... and BAMM..

    Hey, at least you got your answer. If you're planning to buy anyway, it's usually a good time right after a slam like this one.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • DrBusterDrBuster Posts: 5,351 ✭✭✭✭✭
    Blood in the streets today, trigger finger is getting itchy again, ha!
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    This is weird.... not understanding the big drop... not concerned, but curious. Cheers, RickO
  • johnperk747johnperk747 Posts: 582 ✭✭✭

    image I pulled the trigger and got 125 more Maples . . if it drops any more, I may get more . . . LOL

    Blessings
  • mariner67mariner67 Posts: 2,746 ✭✭✭
    Jumped into USLV!
    Strap on the seatbelt!
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
  • how many think silver is a better play than gold for the long run???
    UCSB Electrical Engineering....... USCG and NASA


  • << <i>how many think silver is a better play than gold for the long run??? >>





    ME
  • johnny9434johnny9434 Posts: 28,058 ✭✭✭✭✭
    it certainly has its ups and downs.
  • jdimmickjdimmick Posts: 9,652 ✭✭✭✭✭
    If you like one, you should be okay with the other, they usually go in tandem . Although if you look at the drop today, gold was hit harder than silver, silver seemed to gain back a little at the end of the day. Probably more people jumped in and purchased silver today , where's gold they didn't.
  • johnperk747johnperk747 Posts: 582 ✭✭✭

    I like both silver & gold (have lots more silver than gold) that being said, may need to get more "gold" as I'm running out of room in my safe!! image

    Blessings
  • VanHalenVanHalen Posts: 3,856 ✭✭✭✭✭


    << <i>

    << <i>how many think silver is a better play than gold for the long run??? >>





    ME >>




    Ditto. image
  • mariner67mariner67 Posts: 2,746 ✭✭✭
    Pulled the ripcode out after 7% gain on the USLV.
    Was in it for about 4 hrs.
    No transaction costs.
    Seen this scenario too many times not to ride it back up again.
    Feeling lucky, nothing more.
    Hey, at least I posted when I did it/ bought in, not afterwards!
    Both Au and Ag are offering oportunities with all the volutility.
    Lord knows I've been on the elevator down at other times.
    Trick is a quick in and out, never overnight it.
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
  • tneigtneig Posts: 1,505 ✭✭✭
    Ok, lets see how I can influence the price tomorrow..

    "Will the price of silver go back up several more dollars tomorrow?"
    COA
  • jmski52jmski52 Posts: 22,634 ✭✭✭✭✭
    Pretty nimble move, mariner67.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • derrybderryb Posts: 36,584 ✭✭✭✭✭


    << <i>Pulled the ripcode out after 7% gain on the USLV. >>


    I took a gamble and overnighted it. image

    "How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan

  • mariner67mariner67 Posts: 2,746 ✭✭✭


    << <i>

    << <i>Pulled the ripcode out after 7% gain on the USLV. >>


    I took a gamble and overnighted it. image >>



    Bold move.
    Will you let us know when you sell it?
    Better yet, post when you are going in.
    It doesn't count unless you do that!
    Best.
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
  • OperationButterOperationButter Posts: 1,672 ✭✭✭


    << <i>

    << <i>Pulled the ripcode out after 7% gain on the USLV. >>


    I took a gamble and overnighted it. image >>



    ballin
    Gold is for savings. Fiat is for transactions.



    BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
  • guitarwesguitarwes Posts: 9,256 ✭✭✭


    << <i>

    << <i>Pulled the ripcode out after 7% gain on the USLV. >>


    I took a gamble and overnighted it. image >>



    Looks like it paid off if you sold today.
    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,195 ✭✭✭✭✭
    It's different than the early 80's, but ... it's so different that it's no different than it ever was.
    Floor : $18.75
    Ceiling : $24.15

    What do you see in the next 3 years ?

    HE>I

  • derrybderryb Posts: 36,584 ✭✭✭✭✭


    << <i>It's different than the early 80's, but ... it's so different that it's no different than it ever was.
    Floor : $18.75
    Ceiling : $24.15

    What do you see in the next 3 years ? >>


    don't be looking at silver, keep your eye on the dollar and events that affect it. Its future determines the future of PMs. Since 2000 it's always been about the dollar.

    "How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan

  • tneigtneig Posts: 1,505 ✭✭✭
    ____ in 10 years_____

    .....Yeah, remember the days when you could buy a Milky Way bar for $1.59?

    Barely, but $10.00 doesn't seem too much now! I have to run. See you later.

    --- Where are you going?

    I have to go to the bank to increase my open second mortgage $limit. I'll need to get gas
    in the car this afternoon!
    COA
Sign In or Register to comment.