It's about time!
 

We are now seeing a pop in the POS & POG spot prices that has been a while in showing up. Is this the beginning of another run-up, or is it due to the sabre rattling in Iran and N. Korea?

Re: It's about time!
 

Can't keep it down forever, that's why I saw the last push down simply as an opportunity to add.

Re: It's about time!
 

Moving up real nice... just got back from the dealer...I picked up 2 rolls of Franklins and 1 roll of Mercs to celebrate. 5 times face and tax free of course.

-1

Re: It's about time!
 

This brigns back memories of 1979.

Ponce <------- going heheheheehhehe while counting his silver coins.

Re: It's about time!
 

Absolutely right.

Silver went BALLISTIC!!!!

Re: It's about time!
 

This was in Jim Sinclairs summary yesterday


Quote of the Day:

I asked Kenny Adams how he felt about silver and his answer was:

As I have said in the past, silver is holding some huge bullish internals that don't work off and yet don't seem to ignite and proceed to explosion. Silver is like setting a fire to a rag in fully packed powder house. The rag lights up, but keeps getting smothered, and failing to set off the bulk of the powder kegs.�

Best regards,

Kenny

Re: It's about time!
 

I might have lucked out having called bottom at $6.40 on 1/4/2005 ($6.37 was as low as I saw it) and purchasing some Canadian Silver Maple Leaves from APMEX. Not that I'm gloating...okay, maybe I am. :aetsch:

I find it strange, though, that APMEX doesn't have a buy price for the Silver Maple Leaves. They only show a sell price. Perhaps my purchase was not as "liquid" as I thought. Go figure.

Re: It's about time!
 

Ignore CRIMEX.

Same old, same old.

A lot of paper being bought up - that's all.

They sell off paper - I buy physical.

They buy up paper - I wait.

Re: It's about time!
 

I didn't get that lucky but I was in the upper 6.40's

Re: It's about time!
 

Rules to live by.

-1

Re: It's about time!
 

Couldn't have said it better myself.........and YES it is about Time ! :birthday:

Re: It's about time!
 

Is anyone anticipating a lunar orbit this time around?

Re: It's about time!
 

No. But I think it's pretty clear that <$6 is behind us now. Lunar orbit will come when we truly get into a dollar crisis. Inventory shortages are another story though. What price will that lead us to? Your guess is as good as mine. $9 - $10 could be doable this year.

Re: It's about time!
 

With Bush at the helm of our army of liberation that is hard to say, I feel that silver went up because of N. Korea or better yet the excuse and not the reason for going up.

Those behind the silver market are behind the silver market for one reason, to manipulate the market, the same as the oil companys manipulates the price of gasoline.

When silver is ready to go up it wont matter how hard they try to pull silver back it wont just work and silver will go up on its own momentum.

"Gold is pretty but silver is right"....... Ponce

Re: It's about time!
 

Does anyone have any ideas on what a recessionary downturn will mean for the price of silver? If industry consumes less in such a scenario, will that not put downward pressure on the POS?

Re: It's about time!
 

Industry consume less ? ...is this possible ?

Read the Silver Institute quartly report for Jan. 05 and it lists several new uses for the white metal. New hi-tech clothing made with silver ion for atheletes helps maintain body temp. with no odor from sweat, extended use of silver agents in ice dispensers, Northrop-Grumman to push multi-$$$ contract on the use of hi-grade silver wire, and Argentinium production with a multi-year slow-to tarnish product for jewelry and goods (no tarnish for 20+ years).

NOPE, I don't think so based on what I've read. :cool2:

Re: It's about time!
 

The speculation of silver prices continues to boggle my noodle. :woohoo:

Sometimes glorious silver acts like a precious metal and shines when world events turn dark.

Sometimes this metal wants to be industrial and reacts to economic data.

Industrial, yes.

Precious, yes.

Simultaneously treasured and consumed.

More often then not silver makes up its own rules. It'll follow gold up until you think that's what it always does...and then it just goes its own way. I hear its a small market and doesn't take many players to influence price.

If you don't like the price of silver just wait 5 minutes, it'll change. :banana:

Silver is fickle, capricious, moody, volatile and oh so beautiful.

If I didn't know it was a metal I'd swear it was a woman.

Re: It's about time!
 

Silver skyrocket depends in a large part in the investment demand side of the silver situation like the foreign demand is very great now for gold and is keeping that price from going too far down----- when this happens in silver we will see lift off----- It is rummored by many people (((David Morgan --Robert Chapman----Bill Murphy and etc)))) that China has 75% of all the silver tied up in the year for 2005 --so we will see if this be the year

Re: It's about time!
 

THis brings us a serious thought in my mind,

The United States has shipped 80% of our manufacturing out of the country, CHina is the growing monster that is gobbeling up resources hand over fist.

if the rumor that China is holding 75% of the Silver for 2005 then this worries me.

Currently we are getting cheep slave labor products from them and our dollar is dropping like a stone in the ocean, we can not compete with that so our economy suffers.

With people posessing Physical silver as preperation for the comming ecomonic crash that many are predicting and feeling, is it not conceivable that China knowing this will flood the market with silver at our low time? Thus lowering the value of silver and neutralising the preperation that many have been taking to protect them selves?

So the Dollar drops, the banks take the assets of the people, houses, cars, land, ect, and the few who have silver to ride the storm now find them selves in the same boat because China has manuvered it's self strategicly for this very senario,

they are after all at war with us only it is a differant tool they are using to defeat us.

what do you think?

Re: It's about time!
 

:eek: This better not be even close to what happens. I can't see us :adore: down to China. And most of all I'm not sure it would even be a wise move for them to sell off silver or PM's just because our economy slumps.