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 Replies: 743 / Views: 52,059 |
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Pillar of the Community
United States
2424 Posts |
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Valued Member
Canada
262 Posts |
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Pillar of the Community
United States
593 Posts |
Ah, but where to we go from here? That's the question! I'm still hoping for the sub-20's so I can pick up some low grade 90% items for less, but we shall see! If it heads north to $40 then I may sell my silver eagles and wait for the dip, but I think that's unlikely.
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Valued Member
Canada
178 Posts |
Looks like we're stuck going sideways in the 27-28 range. Boring... when it drops I love buying more, when it goes up I love figuring out the value of the hoard.
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Pillar of the Community
United States
2168 Posts |
Yes so true on the spot and what I do (or try to do on the downswings)
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Pillar of the Community
United States
863 Posts |
Unless a major event happens I don't see a rise into the 40s until fall. I think we will sit around here and maybe drop to 25 for the summer
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Valued Member
United States
385 Posts |
Silver's up, Gold and the rest are down. Back then I remember that whenever gold and silver goes up, platinum and palladium would go down vice versa. Interesting trend here.
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Valued Member
Canada
178 Posts |
Quote:
Silver's up, Gold and the rest are down. Back then I remember that whenever gold and silver goes up, platinum and palladium would go down vice versa. Interesting trend here. I noticed that too, now I'm trying to figure out why. |
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Rest in Peace
United States
9104 Posts |
Save yourself a hegegg. Instead of trying to figure, deal with the market as it is.
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Pillar of the Community
 United States
1454 Posts |
Quote:
Save yourself a hegegg. It's more of an intellectual exercise for me, BF. And my brain doesn't get enough of that as it is.  |
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Rest in Peace
United States
9104 Posts |
Figuring out PM movements would be an intellectual exercise for a supercomputer. Save your sloppy drive for deciding what's for dinner.
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Pillar of the Community
United States
863 Posts |
and my floppy disk is already full
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Pillar of the Community
United States
1454 Posts |
Looks like silver is once again stuck in a bit of a trench, remaining firm around $27-28. Throughout the month of March, it bounced around a lot but still averaged in the $33 range. April saw silver follow and even narrower course of around $31-32 for most of the month. The beginning of May was FAR more volatile, as you can see from the chart below. AG actually fell more than $5 in under 20 days and tied a record for most days selling at a loss. Now we are on the precipice of June and I'm still reading conflicting reports about what to expect. Some say the buying window is closing. Others point to the doldrums of summer being a time when PMs inevitable lose some steam. Where does the truth lie?  |
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Pillar of the Community
United States
1195 Posts |
Market is still nice and cool by my standards; enough for me to want to cash in $15 in birthday money and cash out my CRV plastic before I have a pickup load.
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Pillar of the Community
United States
3670 Posts |
"Figuring out PM movements would be an intellectual exercise for a supercomputer. Save your sloppy drive for deciding what's for dinner." Rof  one of the last most classic statements and all so true as always RIP buddy.... |
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Replies: 743 / Views: 52,059 |
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Posted 05/23/2012 8:51 pm
