Discussion in 'Purchasing Precious Metals' started by southfork, Feb 16, 2014.
Sounds like Stockholm syndrome, Im afraid your captors have brainwashed you.
While I think $8 is wishful thinking, I don't think Josey/SA is wrong regarding much lower prices. The DJIA is at all time highs right now and inevitably there is going to be a major correction in the stock market (next week, next year, who knows). When the markets finally take a dump silver is going to fall with it just like it did while the market fell through '08 into the lows of March '09.
Will the mods please add Solo to the 30 day ban list for vulgar language.
Much larger geopolitical events will overwhelm silver shorts. Like the push to establish a 2nd Caliphate (endorsed by Obama) in the middle east. Or when a major oil field is captured or blown up...
5-6 dollar gas at the pumps is not dollar positive.
A little pullback last night, but not much. Silver is showing nice strength. I think we continue up even more unless JPM decides to give it all they got (if indeed they can) and have been waiting to sucker in longs before a hypothetical Final Smackdown shaking out any weak hands left creating more hatred of silver. If that's going to happen I think it will be this week.
Back up in yesterdays channel and a new ascending wedge on this hourly - test of support @ 20.70ish held last night. MACD also showing pressure upwards. Waiting on the daily 10-10:30-ish move :
I turned the oven on guys and gals, it's our week, 22 here we come.
southfork, have that icing still?
I'll take a slice.
Curse you guys and your cake! :bear_angry::36_1_28:
All that cheerleading worked and pushed prices higher for me at the show today :! In spite of the higher prices though I cleaned up at the show so I guess I shouldn't b1tch :cool05:
I think I read it hit $23 today [Canadian dollar].
Mining stocks did poorly today despite the run-up in the metals. Not a good sign. We may be getting a pullback here before moving higher.
Will we have $22 silver cake soon???
Judging the way its been going Im afraid we see 12 before we see 22.
WOW. Maybe the bottom is in?
Im leafing the oven on.
2 years ago we were here. Tempus fugit.
Shit has hit the fan , Im seeing the inability of tptb to keep things under control much longer and have started buying again. sold off collectables to buy bullion
Guess I will shut the oven off, knew I caused this buying silver yesterday
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