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Silver Dips Below $30

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Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 05/17/2012  7:10 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Sheeple. Just like when I suggested a poster decide what good buying and selling prices are, then act accordion, the bottom line is ppl talk each other out of buying low and selling high. Contrarians, who do the opposite of the market, end up making the money.
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traevin's Avatar
United States
1454 Posts
 Posted 05/17/2012  8:36 pm  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
Anyone have a prediction regarding where the spot price of silver will end tomorrow?
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larsdog's Avatar
United States
593 Posts
 Posted 05/17/2012  10:47 pm  Show Profile   Bookmark this reply Add larsdog to your friends list Get a Link to this Reply

Quote:
I see that some of the messages in this thread mention the term "bubble" a few times in connection with PMs. There IS no bubble in PMs.


We will see fairly soon. If silver drops through $25 and gets anywhere close to $20 in the next 30 days, I will say it's a bubble. You may call it a duck or a rose, if you prefer.

That may be followed by a sustained bull market, but will you grant me that $22 within 30 days means there was a bubble? (I'm guessing silver will drop as low as $15 briefly, but it's hard to read where the floor is and there are many economic forces at work here).

That's just my opinion and if silver doesn't drop to $22 in the next 30 days I will admit that I'm wrong.
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United States
1554 Posts
 Posted 05/17/2012  11:27 pm  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
Silver will be back to $30 and above soon, the Wall Street folks are just losing their cocaine adled minds before summer vacation.
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larsdog's Avatar
United States
593 Posts
 Posted 05/17/2012  11:48 pm  Show Profile   Bookmark this reply Add larsdog to your friends list Get a Link to this Reply

Quote:
Anyone have a prediction regarding where the spot price of silver will end tomorrow?


If I'm right, look for $27.25 to $27.50.
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BH1964's Avatar
United States
10982 Posts
 Posted 05/18/2012  12:05 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
Anyone have a prediction regarding where the spot price of silver will end tomorrow?


It's over $28 as I type. Tomorrow's close for the weekend? $27.61 give or take a 5-cent nickel.
ANA #R3154474
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United States
1554 Posts
 Posted 05/18/2012  12:09 am  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
$28.85
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 05/18/2012  12:50 am  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
$27.24....
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wrestling_135's Avatar
United States
802 Posts
 Posted 05/18/2012  12:54 am  Show Profile   Bookmark this reply Add wrestling_135 to your friends list Get a Link to this Reply
$28.40
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SilverCoinBoi's Avatar
United States
458 Posts
 Posted 05/18/2012  01:12 am  Show Profile   Bookmark this reply Add SilverCoinBoi to your friends list Get a Link to this Reply
27.35
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trout1105's Avatar
Australia
7096 Posts
 Posted 05/18/2012  01:17 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
I think the dream $25 per oz will have to wait.
$29 by close on Friday
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SA4H's Avatar
United States
2764 Posts
 Posted 05/18/2012  01:21 am  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
Barry, you can let your wife make the buying call the next round and see how it turn out....
I wanted to buy the 10 coins Dragon set from the Perth Mint, I told my wife it's around $900, which is very reasonable (good price) but she didn't respond.... now a few month latter, I show her it cost over $1000+ and I'm not gonna get her a new TV until I get the set for our 1st daughter.... Guess what she's saying?

Making decision is hard; blaming on someone else decision making is EASY!

Friday price: $28 +/- $0.25
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larsdog's Avatar
United States
593 Posts
 Posted 05/18/2012  01:22 am  Show Profile   Bookmark this reply Add larsdog to your friends list Get a Link to this Reply
So the predictions Traevin asked for are:

Larsdog: $27.25 - $27.50
BH1964: $27.56 - $27.66
1893S: $28.85
SilverHawk: $27.24 (was that a "Let's Make a Deal" bet one penny below mine?)
wrestling: $28.40
EDIT: Add:
SilverCoinBoi: $27.35
trout1105: $29
SilentAsian4Hire: $27.75 - $28.25

If I missed anyone or misquoted anyone I will be happy to make a correction.

What's going to be REALLY fun is trying to predict Monday!
Edited by larsdog
05/18/2012 01:27 am
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 05/18/2012  01:39 am  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
$28.65 would be my guess
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larsdog's Avatar
United States
593 Posts
 Posted 05/18/2012  01:48 am  Show Profile   Bookmark this reply Add larsdog to your friends list Get a Link to this Reply
As I posted earlier:

That's just my opinion and if silver doesn't drop to $22 in the next 30 days I will admit that I'm wrong.

Who is willing to say that I am right about a bubble bursting if silver drops to $22 in the next 30 days?
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