1. Stocks flat after recent runs. Metals flat to up.
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  2. Good Thur Am. Gold is up slightly, +.5 to 1264, while Silver is up 2 to 1739. Crude is down 44 to 4918. The USD is down 5 to 9887.
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  3. Week of 4/22/2017 Closing prices & Chg Over Last Wk---- Gold $1289.10-- UP 0.60 Silver $17.85-- down 66 Oil $49.62-- down 3.80 USD $99.88 -- down 58

Bake the $22 silver cake

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



  1. aybesee123

    aybesee123 Seeker Seeker

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    :thumbs_up:
     
  2. southfork

    southfork Mother Lode Found Mother Lode

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    Sounds like Stockholm syndrome, Im afraid your captors have brainwashed you.
     
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  3. Solo

    Solo Midas Member Midas Member

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    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.
     
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  4. southfork

    southfork Mother Lode Found Mother Lode

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    Will the mods please add Solo to the 30 day ban list for vulgar language.
     
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  5. SilverCity

    SilverCity Gold Member Gold Chaser

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    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.

    SC
     
  6. wanderintheland

    wanderintheland Seeker Seeker

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    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 :
    retest.jpg
     
  7. southfork

    southfork Mother Lode Found Mother Lode

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    I turned the oven on guys and gals, it's our week, 22 here we come.
     
  8. Ahillock

    Ahillock A nobody Mother Lode

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    southfork, have that icing still?
     
  9. Argentsum

    Argentsum Gold Member Gold Chaser

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    I'll take a slice.

    silver_dollar_cake.jpg
     
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  10. Solo

    Solo Midas Member Midas Member

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    Curse you guys and your cake! :mad::bear_angry::36_1_28:

    All that cheerleading worked and pushed prices higher for me at the show today :p ;) :cool:! In spite of the higher prices though I cleaned up at the show so I guess I shouldn't b1tch :cool05:
     
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  11. gringott

    gringott Killed then Resurrected Midas Member Site Supporter

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    I think I read it hit $23 today [Canadian dollar].
     
  12. jelly

    jelly Seeker Seeker

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    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.
     
  13. platinumdude

    platinumdude Gold Chaser Platinum Bling

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    Will we have $22 silver cake soon???
     
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  14. southfork

    southfork Mother Lode Found Mother Lode

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    Judging the way its been going Im afraid we see 12 before we see 22.
     
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  15. smooth

    smooth Gold Member Gold Chaser

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    WOW. Maybe the bottom is in?
     
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  16. Ahillock

    Ahillock A nobody Mother Lode

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    [video=youtube_share;Qk4aGtyKs7U]http://youtu.be/Qk4aGtyKs7U[/video]
     
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  17. southfork

    southfork Mother Lode Found Mother Lode

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    Im leafing the oven on.
     
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  18. SilverCity

    SilverCity Gold Member Gold Chaser

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    2 years ago we were here. Tempus fugit.

    SC
     
  19. southfork

    southfork Mother Lode Found Mother Lode

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    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
     
  20. southfork

    southfork Mother Lode Found Mother Lode

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    Guess I will shut the oven off, knew I caused this buying silver yesterday
     

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