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-   -   $14 silver or the bopper (http://goldismoney.info/forums/showthread.php?t=188419)

KASHMAN02 10-14-2007 09:21 PM

$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?

REV127 10-14-2007 09:40 PM

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.

AgAuGal 10-14-2007 11:11 PM

Re: $14 silver or the bopper
 
$14 briefly then a mini bop then back on trend.

Anty Ep 10-15-2007 04:57 PM

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

Got Goldies 10-15-2007 05:02 PM

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.

PatColo 10-15-2007 05:40 PM

Re: $14 silver or the bopper
 
Quote:

Originally Posted by AgAuGal (Post 779166)
$14 briefly then a mini bop then back on trend.

Prophetic! You got the $14 briefly then mini bop part, now if she gets back on trend, you'll be a guru. I'm betting, with gold still hugging its intraday highs, silver will snap back up from here, moving convincingly into/through the $14s. Don't forget action in the king of commods, crude!

AuNuggets 10-15-2007 05:46 PM

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.

Got Goldies 10-15-2007 05:49 PM

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.

AlwaysWrite 10-15-2007 06:03 PM

Re: $14 silver or the bopper
 
Quote:

Originally Posted by AuNuggets (Post 780459)
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.

And on that correction ... I'm thinking I need to buy a lot more. This latest uptick has me more sad than happy - because I feel like I don't have nearly enough gold and should have bought much more in the mid-$600s!

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?

Got Goldies 10-15-2007 06:04 PM

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.

Horn 10-15-2007 06:11 PM

Re: $14 silver or the bopper
 
Quote:

Originally Posted by Got Goldies (Post 780464)
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.

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.

AuNuggets 10-15-2007 06:22 PM

Re: $14 silver or the bopper
 
Quote:

Originally Posted by AlwaysWrite (Post 780486)
And on that correction ... I'm thinking I need to buy a lot more. This latest uptick has me more sad than happy - because I feel like I don't have nearly enough gold and should have bought much more in the mid-$600s!

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?

Alot depends on the dollar. All it will take is a little strength there, and gold is down the crapper short-term (IMO). Right now we are looking at recession, dropping interest rates, crashing housing market, topping out in the DOW, and the dollar sitting on .78 , so the real question is, where else do we put our cash at the moment ? Gold is one of the few options, but in a hard recession, even gold can (and usually does) suffer. Right now, I'm sitting on hold with 50% cash and 50% PMs simply because this market has increasingly been hard to call or predict. Something is going to have to give real soon, either recession gets into full swing, the dollar stabilizes, we go into Iran full force, another "terrorist attack".......whatever. The general concensus is that we are stagnating at a quickening pace, with very few real options at this point in the game.

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.

HistoryStudent 10-15-2007 06:25 PM

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.

AuNuggets 10-15-2007 06:36 PM

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.

HistoryStudent 10-16-2007 03:17 PM

Re: $14 silver or the bopper
 
Quote:

Originally Posted by AuNuggets (Post 780555)
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.

Manias panics and fads sometimes change things. I was thinking about the TULIP mania and realized that the BANKS in HOLLAND had created so much fiat that the mal-investment had to go somewhere.

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.

RealityCheck 10-16-2007 07:38 PM

Re: $14 silver or the bopper
 
Quote:

Originally Posted by Got Goldies (Post 780492)
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.

Turn your head upside down then back up, then you will get your answers.

filthyLiz 10-16-2007 08:43 PM

Re: $14 silver or the bopper
 
Quote:

Originally Posted by AuNuggets (Post 780459)
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.

Not to be a wet blanket, but I have to agree.
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...

lhslancers 10-16-2007 09:19 PM

Re: $14 silver or the bopper
 
Quote:

Originally Posted by HistoryStudent (Post 782100)
Manias panics and fads sometimes change things. I was thinking about the TULIP mania and realized that the BANKS in HOLLAND had created so much fiat that the mal-investment had to go somewhere.

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.

Tulip Mania The South Sea Bubble. Yep wait till the crowd gets hold of this one. Trade your paper but hold the physical if ya got the ballz.

Big_Rob 10-17-2007 10:50 AM

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


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