Discussion in 'Purchasing Precious Metals' started by southfork, Feb 16, 2014.
How much silver does Ukraine mine or consume?
The 22 buck cake keeps getting taken out of the oven too soon, and falls.
It's a "short" cake. :hmpf:
everytime I see this bake the 22 dollar cake thread I hit "home" to look at the ticker at the top of the
page to see if I missed it.
It's an upside down cake.
It's a crumb cake.
somebody stop me...
Monday should bring 22 silver and 1400 gold. Last chance for cheapies this weekend.
I'm guessing metals drop 5% when all this Ukraine ballyhoo settles down. I'm still stacking though as the huge drop in copper tells me the next economic implosion cometh.
I like upside down cake
Looks like silver cannot hold $22. It has touched $22 several times in the past few weeks but could not close at or above that $22 level. Not good for silver at the moment IMO. Think about the time when silver tried to close above $35 in several attempts but could not do it and what happened afterwards. Maybe $22 silver is the new "$35 silver" in that maybe it is possibly the start of another down leg in silver that could last throughout this Summer. We will see.
Silver Art is an old Indian term that means silver prices fall. :rolleyes:
Hahahahaha!!!!!! That's funny. Thanks for making me laugh. :) Silver "kissed" $22 several times but each time it did not stay for dinner (i.e. could not close at or above $22). It looks like the $22 "cake" is FUBAR. Bummer for the pumper.
Crimea votes to go with Russia, expect a metals launch tonite. 22 silver and 1400 gold Monday.
The dollar is what is FUBAR, silver will do just fine.
IF it weren't for the recent rise in Gold, my guess is that Silver would be sub-$20............there's no strength in it right now.
QWAK,If you are the only one with SILVER coin when the dollar becomes worthless --- it sort of makes you the new local banker! :)
the DUCK :)
The new banker huh? Dollar collapse? The gangs of people armed with baseball bats and lead pipes looking for their next meal are gonna love the new banker when the collapse comes.
I pray that day never comes.
Hahaha! Good one, but I've heard it before...
What a head fake today is, dow up, metals take a whopping while Russia starts the new cold war and the emperor signs bs executive orders.
Looks like Ag is getting it's 5% haircut.
$17 here we come...
It doesn't matter if it's 15, 18, 22, or $28+. When the GSR is at 65 or above silver is a better buy over gold :). Hopefully the recent trend continues and the GSR goes even higher as I may actually purchase silver one of these days
That will never happen. edoff:
It's mathematically impossible! :ok::rofl::eviltongue:
Anyone that thinks Silver will go below 18 should have their head examined! :36_1_11::top:
Fkin guys didn't pay the electric bill so we could turn the oven on.
stonedywankanobe, no need to delete your charts. What has been seen can not be unseen now.
Oh my...I like your sarcasm
I distinctly remember numerous posters on this forum, claiming silver could not come lower then $25 a oz, several years ago, when silver was above $40 a oz.
some of these posters claimed , that it cost more then $25 a oz to extract the silver from the ground, therefore it had to stay above that price from now on.
when it comes to pumping PMS, alot of people like to exxageratte, or flat out lie.
a few months ago, someone on here posted we are heading to $100 a oz silver.
im thinking we may see $18 a oz silver, long before we see $100 a oz silver.
Yeah Stoney ...no need to delete the Ag to $100 posts.
I think we are gonna have a sheeeeet cake
The realist in me does not see anywhere near $100 silver. $100 silver will never happen IMO. I do not even think that I will see $50 silver in my lifetime (currently 40 years old) but that too is also my opinion. Even though my gut feeling is calling for $8 silver, it is certainly possible that it might not reach that low level. Then again it might. No one really knows. My gut feeling on silver (and everything else for that matter) is just a WAG. Nothing more and nothing less. My current gut feeling on $8 silver does not agree with the pumpers but that is fine to agree to disagree. I have no issue with anyone disagreeing with me on silver. The only thing that we can do at this point is to see how things play out.
Long term (verrrrry long term), no argument on the dollar. As for silver, I have 3 years to bake my $8 silver cake. :)
Here are a few of those $25 silver cakes after shipping.
Not too long ago silver was fetching $48 an ounce (I just missed the memo to sell) before it headed back down.
A couple of early 1970's Madison Mint bars and 3 1980's MTB's (Monfra, Tordella & Brooks) Statue of Liberty silver art bars. If those 3 MTB silver art bars are Engelhard MTB's (reverse type is of Statue of Liberty Torch) then that is even a greater catch IMO. Congrats. :)
The liberty's have the standard JM rear with the MTB oval logos
Still I didn't have one (now I have 3) and close serial numbers.
The down side is I'm running out of mad money and the price is still in the dip.
FWIW you did better than I did. During this week that just ended, I did not find any silver art bars that I wanted. I ended up not buying anything this past week. My last silver art bar purchase was a week ago (March 15) and that purchase was a 1990 Robert Westfall "Marilyn" 1-oz silver art bar that I bought from a LCS for $26.00. To be honest with you, the 1990 Robert Westfall version is a decent Marilyn silver art bar find but if it was the 1973 Colonial Mint version of the Marilyn Monroe bar, then it would have been a better find IMO. With that said, I am not complaining at all since I have been struggling to find silver art bars in my local area.
Gold is money.
Silver ...not so much.
Yes and yes
GSR (rounded up) at 1-66
Yup. But I till like to have Ag around for when the SHTF. I think the sheep will then like Ag.
Get the oven pre-heated.
Im making the icing now.
After the usual 10am move and no real sell off (yet) which is surprising. I have been expecting a decent pullback.
Perhaps ready to bust a move again?
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