![]() |
$14 silver or the bopper
Looks like upward trend in offshore trading, 13.85x13.90, we could see run for 15 this week, any thoughts?
|
Re: $14 silver or the bopper
I'm confident we'll see the 14's in November. There is a chance for 15+ in December but I'd call that a longshot.
|
Re: $14 silver or the bopper
$14 briefly then a mini bop then back on trend.
|
Re: $14 silver or the bopper
json and another poster said millenium metals will sell SAEs for spot if you buy a hundred. place your bets if you think its going up. I am not loading up meeself, I think POS will fluctuate but not pop
|
Re: $14 silver or the bopper
There is no use thinking about $15 Silver today, tomorrow, next week, next year.
8 years now, tinfoil and silver go up together. I didn't gain nothing. Heck, I even watched stupid nickel go to $25. Dont get your hopes up. You'll be disappointed. But if you think paper has more to fall, then join the club. |
Re: $14 silver or the bopper
Quote:
|
Re: $14 silver or the bopper
Watch for a deep correction in gold........and a hard related bop in silver. We've moved too far, too fast with no significant correction......over $100 on gold since August.
|
Re: $14 silver or the bopper
I'm at the point I dont really care what Silver does. The only thing that preoccupies my mind is when do I wake up to the biggest paper dollar default the world has ever seen. At some point God will collapse the bogus dollar. I feel it could happen any day now.
|
Re: $14 silver or the bopper
Quote:
I know it's just an educated guess, but just for fun, what's your guess on the correction? About what do you think it will come down to? |
Re: $14 silver or the bopper
Everyone is so conditioned to expect a correction. Even I am expecting one. And my right hemisphere kicks in and says: Dont be a pansy like the rest of them.
http://www.news.com.au/common/imaged...5687820,00.gif When she turn clockwise I get my answers. She has been spinning to the right all day today. I usually see her going left. |
Re: $14 silver or the bopper
Quote:
|
Re: $14 silver or the bopper
Quote:
Personally, I would have expected a correction before now. Realistically, we might drop back to the 200 day moving average, with sub-700 an easy target. The commercial gold shorts are at an unususally high level which also tells me that they are either expecting or orchestrating a big BOP very soon. There is just too much money on the line for us NOT to have a big correction coming, and too many hands in the right places for it not to happen. If we go into the Christmas season with weak jewelry sales due to (perceived) impending recession, that could make it all the worse. High gold prices NOW are going to naturally equate to lower gold jewelry sales through the holiday season as they always have a tendency to do, and are having a similar effect in India in the nearer term. So we have the dollar pushing at gold from one end and the pricing structure / general economy pushing back from the other, but here we sit with few alternative choices. |
Re: $14 silver or the bopper
I wonder what would happen if the Asians really start to buy gold right now.
They have a couple of trillion us dollars. that is about the same as 65,000 years in seconds. |
Re: $14 silver or the bopper
Asians tend to be "price shy" when it comes to buying in at the top of any market, especially so gold. It would take some pretty substantial action of some kind in the political realms to cause them to start buying alot at these prices. But on the other hand, a quick correction just might trigger such a buying spree which could blast us on up to and beyond the $1000 level in short order. I don't think we are to a point yet of the "perception" of gold as a mainstream asset or investment being realized by nearly enough people on a world-wide basis to really get us where many are expecting us to go anytime soon. But like you say, it is all speculation. All any of us can do is make our own best educated guess as to where we go from here. The real "determining factors" are all too often the "unknowns" that have a way of sneeking up on us in the night and showing us a whole new world come morning, always beyond prediction or analysis.
|
Re: $14 silver or the bopper
Quote:
In 1980 GOLD & SILVER had caught the MANIA - and the PTB made INTEREST RATES on CDs and Bank Accounts go to 24% to KILL the FAD. Then $14,000 in fiat US was available for JUST each ounce of gold: NOW that is closer to $100,000 US dollars for JUST each ounce of gold above the earth. (roughly divide by 10 for silver) MAL INVESTMENTS greatest catalyst is too much fiat - that's my poor guess. GREENSPAN was the worlds greatest MAL INVESTOR too. But, I also feel there was a purpose to the whole thing which was probably JUST to wipe out all fiats for just ONE to replace them; and gain international KNIGHTHOOD for himself - JOHN LAW II. IMVHO. |
Re: $14 silver or the bopper
Quote:
|
Re: $14 silver or the bopper
Quote:
We're overstretched by any technical measure in oil and gold. If either 'corrects', silver's sure to follow -- unless something "big" happens, like the Turks losing their patience with the Kurds, or Darth Cheney attacking Persia... |
Re: $14 silver or the bopper
Quote:
|
Re: $14 silver or the bopper
I think that the Big Bopper will be making a comeback tour, I think his tickets will be more expensive for the gold seating ($70-100+ bop) than the silver seating ($1-2 bop).
http://www.geocities.com/SunsetStrip...67/dancing.jpg |
| All times are GMT -4. The time now is 04:49 PM. |
Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.
Copyright = None use it and Link to GIM