1. Macron and Le Pen in French election, main event later, Stocks go nuts to the up on the news
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  2. Good Monday Morning! Gold is down 15 to 1273, while Silver is down 5 to 17,80 on the news. Crude is up 44 to 5006 and the USD is down 100 to 98.88
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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

Shall we bake the $20 cake for silver???????????

Discussion in 'Purchasing Precious Metals' started by southfork, Jun 15, 2014.



  1. Zed

    Zed Size doesn't count! Midas Member

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    Sterling is about 12% of the USDX and it has been essentially flat against the USD for the last few days. So, if I understand what you are saying, I'd say no.
     
  2. Zed

    Zed Size doesn't count! Midas Member

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    Silver's rally off the low was sad on the 1 hour chart. We are looking like we might set up a divergence between the indicators (using RSI, Full STO and ROC) and price... maybe a second shot at a near term bottom here. Buying has come out of the $19.20 recently, failing that there isn't much obvious support until the upper 17's... mebe $18 neat.
     
  3. Zed

    Zed Size doesn't count! Midas Member

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    Silver got some traction again, it just will not roll over and play dead anymore. Mebe a chart is due over in the asylum...... later.
     
  4. andial

    andial Sir Midas Member Site Supporter

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  5. southfork

    southfork Mother Lode Found Mother Lode

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    All I know is my dam electric bill is going thru the roof , keep turning the oven on and off, wish silver would make up its fkin mind.
     
  6. CrimsonGuardJay

    CrimsonGuardJay Silver Member Silver Miner

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    Platinum is looking somewhat more appealing, the 2016s are presale at bullion exchange for around spot +100

    Crazy thing is, platinum is way cheaper now than the last time I got some of those in mid 2014s... Like, close to 300 less.
     
  7. louky

    louky Silver Member Silver Miner

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    Platinum is looking very unappealing. Magic 8 ball says you'll be able to buy an ounce for 700
     
  8. Zed

    Zed Size doesn't count! Midas Member

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    Wednesdays OI number for silver was +1,381

    It appears that the balls went clang again.

    Waiting for Thursdays numbers.

    There seems to be no juice for the short buy back lower... this means they will have to pay up for the juice.
     
  9. stAGgering

    stAGgering Silver Miner Seeker

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    If a few days is the summer doldrums and flatness means action and reactions cease.
    Overview continues to show minimal support and test of $17.80's or lower probable.
    USD's not; many foreign currencies seeing metal record "highs" being tested.
    No not medical "highs".
    Typical metal today would have been opposite direction to the rest of the markets.
    Sales down, price down, currencies down, metals down, prime manipulative territory of the summer doldrums.
    Some things resist change when majority expects.
     
  10. CrimsonGuardJay

    CrimsonGuardJay Silver Member Silver Miner

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    Go on...
     
  11. louky

    louky Silver Member Silver Miner

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    I gave reasoning in zed's thread. Part of the post has disappeared though (think I messed up the image link)
     
  12. louky

    louky Silver Member Silver Miner

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  13. louky

    louky Silver Member Silver Miner

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    Mel Gibson just called and said he's going to wave the $20 flag one last time for you guys.....

    [​IMG]

    [​IMG]
     
  14. the_shootist

    the_shootist I self identify as a black '69 Camaro Midas Member Site Supporter ++

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    I'd rather he do something about the Kenyan in the White Hut
     
  15. louky

    louky Silver Member Silver Miner

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    Here's what's coming

    [​IMG]
     
  16. the_shootist

    the_shootist I self identify as a black '69 Camaro Midas Member Site Supporter ++

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    Well it's about fucking time!
     
  17. louky

    louky Silver Member Silver Miner

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    The flags have already been raised twice

    3rd set of 3 isn't a charm though....

    [​IMG]

    Unless you wanted another shot at $20 silver in 2017
     
    Last edited: Jul 22, 2016
  18. platinumdude

    platinumdude Gold Chaser Platinum Bling

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    So more $20 cake.
     
  19. louky

    louky Silver Member Silver Miner

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    I'm just reporting what I'm told


    Btw, the Rock Johnson called and said we're about to lay the final smack down on $20's roody poo, candy ass

    [​IMG]
     
    andial likes this.
  20. southfork

    southfork Mother Lode Found Mother Lode

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    So whos backing up the truck?????????????, gut checks telling me we see 19s before going higher end of week.
     
    Last edited: Jul 31, 2016
  21. louky

    louky Silver Member Silver Miner

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    They just finished painting that flag I posted above on the monthly Friday so it's time to go up, but there is room to move along this channel on the hourly. That's what I'm hoping for

    [​IMG]
     
    Last edited: Jul 31, 2016
  22. louky

    louky Silver Member Silver Miner

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  23. louky

    louky Silver Member Silver Miner

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  24. southfork

    southfork Mother Lode Found Mother Lode

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    Just cant shake this 19 feeling
     
  25. louky

    louky Silver Member Silver Miner

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    Magic 8 ball says silver is out and the next consolidation will be around 26 ish

    [​IMG]
     
  26. stAGgering

    stAGgering Silver Miner Seeker

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    Just view timeline @ bottom of chart.
    For reality check.
     
  27. louky

    louky Silver Member Silver Miner

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    The reality is the last time silver was positioned as it is right now, it jumped $4 in less than a week, then consolidated

    [​IMG]
     
    Last edited: Aug 1, 2016
  28. louky

    louky Silver Member Silver Miner

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    Now that's what I call a timeline reality check

    [​IMG]
     
  29. Hystckndle

    Hystckndle Daguerreotype Fanatic Site Mgr Site Supporter ++

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    Hey there Louky,
    Just curious,
    Have you ever posted here under another nickname ?
    Regards,
    Haystackneedle
     
  30. stAGgering

    stAGgering Silver Miner Seeker

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    Then 24ish would be the new 26ish?
     
  31. louky

    louky Silver Member Silver Miner

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    [​IMG]
     
  32. southfork

    southfork Mother Lode Found Mother Lode

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    Dang was at LCS and he offered silver at spot 20.60, picked up 3 10 0zjm bars, 4 old 10 oz kooks and 50 walker and frankin halves, couldn't pass it up
     
    the_shootist and savvydon like this.
  33. stAGgering

    stAGgering Silver Miner Seeker

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    [​IMG]



    I could calculate your math appeared as such.
    Where's Barney, can not see him through smoke windows.
     
  34. southfork

    southfork Mother Lode Found Mother Lode

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    Stopped by again today, still at melt said no ones buying, picked up some more walker and franklin halves and roll of mercury dimes at melt.
     
  35. louky

    louky Silver Member Silver Miner

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    Maybe you'll get that 19 next week after an amazing jobs report tomorrow?
     
  36. southfork

    southfork Mother Lode Found Mother Lode

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    Don't know anymore, seems like 20s might be it, had to add a tad here.
     
  37. andial

    andial Sir Midas Member Site Supporter

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    My call is a lousy report.
     
  38. louky

    louky Silver Member Silver Miner

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    Magic 8 ball says the $ is about to surge
     
  39. andial

    andial Sir Midas Member Site Supporter

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    that would mean a good jobs report tomorrow, maybe you are right.
     
  40. southfork

    southfork Mother Lode Found Mother Lode

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    Looks like my gut was right all along, smashed on the open 19 s here
     

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