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Silver Dips Below $30

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Pillar of the Community
United States
1026 Posts
 Posted 05/03/2012  5:37 pm  Show Profile   Bookmark this reply Add Brucec to your friends list Get a Link to this Reply
Well I hope it does dip below $30 I will them be making a big purchase but then maybe it will go lower who knows.
Valued Member
wildspinx's Avatar
United States
196 Posts
 Posted 05/03/2012  5:56 pm  Show Profile   Bookmark this reply Add wildspinx to your friends list Get a Link to this Reply
well with a local coin show in a week and half and money burning my pockets I am hoping around $28-29. I think if/when it does break the 30 barrier it will be a quick fall to 25 over the next couple months, then slowly come back up after summer months.
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 05/04/2012  10:10 am  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
I have some bars ending at 6, (my buddy wisely asked me to pull his three), but I decided to let all mine ride....

Big gamble as if silver took a nose dive, I bet I would have some bid retractios as my friend did on one of his three bars I was selling for him. He decided to start hoarding an use those 20 oz. or so to start, good plan. BUT early on this Friday G & S made some big push up strides before 10, back to say $1644 an $30.39....

I would be fine if it dropped back to a major buying window come post auctions Monday, but for now I would like to see 31.50 to 32 per oz. come market close today....
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wildspinx's Avatar
United States
196 Posts
 Posted 05/04/2012  10:25 am  Show Profile   Bookmark this reply Add wildspinx to your friends list Get a Link to this Reply
well silver you may get your wish afterall, just hit a big increase

Edit: 11Am- SORRY I JINXED IT!
Edited by wildspinx
05/04/2012 10:58 am
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 05/04/2012  10:59 am  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Lol, no I did Wildsphinx, rof.....

Until that line moves $1.50 on silver or 80 to 100 on gold, no need to even bat an eye as unstable an unpredicable that line is right now, lol...
Pillar of the Community
United States
1026 Posts
 Posted 05/04/2012  12:19 pm  Show Profile   Bookmark this reply Add Brucec to your friends list Get a Link to this Reply
Boy just when you think it will dip under $30 and I will place a BIG order I look again and it is back above $30 well I will just keep watching for my buy window want to get about 200 or 300 more ASE but waiting for under $30
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Ed_B's Avatar
United States
4008 Posts
 Posted 05/04/2012  5:21 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply
That's the funny thing about these "buying windows"... they don't look the same from both sides. It is only after we've seen the 2nd side that we realize when we should or should not have bought!
Pillar of the Community
United States
1026 Posts
 Posted 05/07/2012  09:13 am  Show Profile   Bookmark this reply Add Brucec to your friends list Get a Link to this Reply
Well think stocks will take a beating today so one would think Gold and Silver would go up but see Gol went down over seas so maybe we will dip under $30.00 for silver today if so I will make my buy today.
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traevin's Avatar
United States
1454 Posts
 Posted 05/07/2012  09:16 am  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
Today's the day silver should fall below $30, if my logic holds. Why? the French political elections. If you haven't heard, France elected a socialist named Francois Hollande yesterday and the more right-wing Sarkozy is now history. I believe this will rattle the markets and we'll see a silver dip as a result. It won't be long before I can test my theory. ;)
Pillar of the Community
United States
1026 Posts
 Posted 05/07/2012  09:24 am  Show Profile   Bookmark this reply Add Brucec to your friends list Get a Link to this Reply
Hope you are right been waiting for anther buy price will jump on it and get 8 tubes of 2012 ASE if it does.

I like the ASE just feel people are familiar with these and will be easy to use them when the time comes.
Pillar of the Community
United States
1026 Posts
 Posted 05/07/2012  09:29 am  Show Profile   Bookmark this reply Add Brucec to your friends list Get a Link to this Reply
Oh CRAP looks like it may be heading back up today.
Pillar of the Community
United States
1026 Posts
 Posted 05/07/2012  09:37 am  Show Profile   Bookmark this reply Add Brucec to your friends list Get a Link to this Reply
Yes on the way down .15 more cents and it is below $30.00 but I will watch and see how low it goes today will not wait till tomorrow if it keeps going down I will jump.
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traevin's Avatar
United States
1454 Posts
 Posted 05/07/2012  10:10 am  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
Stay strong, Bruce. ;) It just fell under the $30 threshold. Let's see it it stays there.
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wildspinx's Avatar
United States
196 Posts
 Posted 05/07/2012  10:20 am  Show Profile   Bookmark this reply Add wildspinx to your friends list Get a Link to this Reply
I will be waiting until this weekend, because I do not see anything else too newsworthy this week that should make metals spike back up.
Pillar of the Community
United States
1026 Posts
 Posted 05/07/2012  10:24 am  Show Profile   Bookmark this reply Add Brucec to your friends list Get a Link to this Reply
Yes I saw now I am saying how low will it go before people start buying and make it go back up?

I will watch and see how it dose every 30 minutes?

Any one else have opinions jump today and buy or wait till?
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