Gold and silver a a run
 

On a bit of a runup . I'm sure they'll get busted down again. On weak holiday volumne.

Wonder what the low will be before the next run-up. I'm guessing 11.80.

1. Set a futures limit order at 11.80

2. Set a silver producer buy at that level.

3. Options buy orders.

$12.00 silver the new price standard.



Adjusted for inflation silver is still dirt cheap! Regardless of what illegal alien supporters say.:character

Re: Gold and silver a a run
 

Your 11.80 is starting to look really good if we break down. If we don't break down soon I think we make an attempt at the highs fairly quickly. Two more weeks is all the downside left at least in the short term according to some of the cycles.

Re: Gold and silver a a run
 

1180 probably wont hit , but thats my price range for a trade as I dont trade all that often, I only look for big swings and jump in. I'm not that good.

But my figuring is one more bounce before takeoff.

Concern any of You of rumors of big silver production coming online in '08?

I have and am forming a strategy for that.

Re: Gold and silver a a run
 

Couple guys I know are looking for some kind of major top in '08, not THE top but a tradable one. I'm sure there will be a million and one reasons given at the time. Silver is in a deficit period.