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Bake the $22 silver cake

Discussion in 'Purchasing Precious Metals' started by southfork, Feb 16, 2014.



  1. Argentsum

    Argentsum Gold Member Gold Chaser

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    How much silver does Ukraine mine or consume?
     
  2. TnAndy

    TnAndy retired guy Platinum Bling

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    The 22 buck cake keeps getting taken out of the oven too soon, and falls.
     
  3. bulloncoins

    bulloncoins Silver Member Silver Miner

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    It's a "short" cake. :hmpf:
     
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  4. dirt to oil

    dirt to oil Gold Chaser Platinum Bling

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    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.


    always hopeful
     
  5. Fjpod

    Fjpod Silver Member Silver Miner

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    It's an upside down cake.
     
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  6. Fjpod

    Fjpod Silver Member Silver Miner

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    It's a crumb cake.

    somebody stop me...
     
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  7. southfork

    southfork Mother Lode Found Mother Lode

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    Monday should bring 22 silver and 1400 gold. Last chance for cheapies this weekend.
     
  8. Mr Paradise

    Mr Paradise Midas Member Midas Member

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    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.
     
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  9. dirt to oil

    dirt to oil Gold Chaser Platinum Bling

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    I like upside down cake
     
  10. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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    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.
     
    Last edited: Mar 15, 2014
  11. Hi Ho Silver

    Hi Ho Silver Seeker Seeker

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    Silver Art is an old Indian term that means silver prices fall. :rolleyes:
     
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  12. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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    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.
     
    Last edited: Mar 15, 2014
  13. southfork

    southfork Mother Lode Found Mother Lode

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    Crimea votes to go with Russia, expect a metals launch tonite. 22 silver and 1400 gold Monday.
     
  14. Mr Paradise

    Mr Paradise Midas Member Midas Member

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    Launch delayed ;)
     
  15. Tinbox

    Tinbox YOU GET NOTHING! YOU LOSE, GOOD DAY SIR! Site Supporter Platinum Bling

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    The dollar is what is FUBAR, silver will do just fine.
     
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  16. Argent Dragon

    Argent Dragon Site Support Site Mgr Site Supporter

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    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.
     
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  17. GOLD DUCK

    GOLD DUCK Mother Lode Found Mother Lode

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    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 :)
     
  18. Mr Paradise

    Mr Paradise Midas Member Midas Member

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    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.
     
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  19. Eat Beef

    Eat Beef Gold Member Gold Chaser

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    Hahaha! Good one, but I've heard it before...
     
  20. southfork

    southfork Mother Lode Found Mother Lode

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    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.
     
  21. Mr Paradise

    Mr Paradise Midas Member Midas Member

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    Looks like Ag is getting it's 5% haircut.



    $17 here we come...
     
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  22. Solo

    Solo Midas Member Midas Member

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    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 :p
     
  23. Some_Math_Guy

    Some_Math_Guy Banned

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    :cry1:


    That will never happen. :pissedoff:


    It's mathematically impossible! :ok::rofl::eviltongue:

    Anyone that thinks Silver will go below 18 should have their head examined! :36_1_11::top::nurse::nurse:
     
  24. southfork

    southfork Mother Lode Found Mother Lode

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    Fkin guys didn't pay the electric bill so we could turn the oven on.
     
  25. Ahillock

    Ahillock A nobody Mother Lode

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    stonedywankanobe, no need to delete your charts. What has been seen can not be unseen now.
     
  26. Sunnyday

    Sunnyday Banned

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    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.
     
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  27. Mr Paradise

    Mr Paradise Midas Member Midas Member

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    Yeah Stoney ...no need to delete the Ag to $100 posts.
     
  28. Fjpod

    Fjpod Silver Member Silver Miner

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    I think we are gonna have a sheeeeet cake
     
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  29. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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    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.
     
    Last edited: Mar 22, 2014
  30. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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    Long term (verrrrry long term), no argument on the dollar. As for silver, I have 3 years to bake my $8 silver cake. :)
     
  31. rte

    rte Silver Member Silver Miner

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    Here are a few of those $25 silver cakes after shipping.
    [​IMG]

    Not too long ago silver was fetching $48 an ounce (I just missed the memo to sell) before it headed back down.
     
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  32. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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    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. :)
     
  33. rte

    rte Silver Member Silver Miner

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    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.
     
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  34. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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    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.
     
  35. Mr Paradise

    Mr Paradise Midas Member Midas Member

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    Gold is money.

    Silver ...not so much.
     
  36. rte

    rte Silver Member Silver Miner

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    Yes and yes
    GSR (rounded up) at 1-66
     
  37. Ahillock

    Ahillock A nobody Mother Lode

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    Yup. But I till like to have Ag around for when the SHTF. I think the sheep will then like Ag.
     
  38. Ahillock

    Ahillock A nobody Mother Lode

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    Get the oven pre-heated.
     
  39. southfork

    southfork Mother Lode Found Mother Lode

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    Im making the icing now.
     
  40. wanderintheland

    wanderintheland Seeker Seeker

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    After the usual 10am move and no real sell off (yet) which is surprising. I have been expecting a decent pullback.

    Daily
    june23-2.jpg

    4hr
    june23.jpg

    Hourly
    june23-1.jpg

    Perhaps ready to bust a move again?
    another.jpg

    Coiling again:
    coiling.jpg
     
    Last edited: Jun 24, 2014

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