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 Replies: 37 / Views: 8,011 |
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Pillar of the Community
United States
1132 Posts |
Quote:
coppercastle: where is availability scarce? SilverTowne. I placed an order recently directly from the mints website. I live close so I thought it wouldn't take long. Fast forward 14 days & many phone calls later, I finally got my bullion. The excuse was the refinery was experiencing a shortage due to the bear market. |
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Pillar of the Community
United States
5832 Posts |
Guess the price?
High $19
Low $14.50
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Pillar of the Community
United States
655 Posts |
It will go up, then it will go down. Then it will go up again and then it will go down again. Not necessarily in that order. Sorry, I just couldn't help myself...  |
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Pillar of the Community
United States
4333 Posts |
Quote:
It will go up, then it will go down. Then it will go up again and then it will go down again. Not necessarily in that order. Agreed with that 100% When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
United States
593 Posts |
Quote:
Once Silver gets to the $12-$14 range, it will stay there for a long time. That is EXACTLY the target I have been looking at for quite a while. For Gold, I think it will settle at $750-$900. It will take a while to settle down, and the flat line (what you call sideways) probably won't last 20 years like it did last time, but the bloom is definitely off that rose! Edited by larsdog
12/28/2014 12:26 am
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Pillar of the Community
New Zealand
526 Posts |
My current thoughts are that in the short term silver will move a little higher to around 18.80 and then at that point there is the potential to reverse.
If a bullish tone sets in then I see $27 as a target where some major resistance could set in.
I'll consider buying physical around the $13-14 area - if it gets there - (or when I see a bullish sign)
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Valued Member
United States
252 Posts |
Warwick, what would consider to be the bill signs?
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Pillar of the Community
United States
655 Posts |
I'll go out on a limb...
Silver will drop to 2006 levels (under $10) and stay there for a while before it slowly move back up.
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Pillar of the Community
New Zealand
526 Posts |
Quote:
Res - Warwick, what would consider to be the bill signs? Hi RES I'm taking your post to mean buy signs. There are many ways to look for the bottom (or top). I personally use a minimalistic form of Elliot Wave counting with Fibonacci projection, both taken into consideration with diverging patterns on oscillators. Its almost impossible to pick the exact bottom although I have been pretty close a number of times. Trades at bottoms can often be picked up with a cheeky 'buy limit' order at a low Fibonacci number - but this is not a tactic for widows and orphans. |
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Pillar of the Community
United States
1037 Posts |
I predict PM's will remain fairly flat until the next economic meltdown, then it will shoot up.
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Pillar of the Community
New Zealand
526 Posts |
I always look to the price chart for timely ideas/market turns.
The market price of gold and silver as shown on a chart reflects the sum knowledge of all participants, including traders, investors, portfolio managers, technical analysts, fundamental analysts and many others. Based on any chart we can see what the whole market is doing and form a view on potential future price movements.
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Pillar of the Community
New Zealand
526 Posts |
Interesting chart here with inflation adjustment from 1969 http://inflation.us/silver/Page also has other worthwhile links, such as What has been the long-term average gold/silver ratio? How much silver was mined worldwide in 2013? What is the current concentrated silver short position? What is the best Silver ETF? Are there any Silver ETFs that are leveraged to make double or triple the gains/losses of silver? What is the all time high silver price? How large is the silver futures contract size? |
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Valued Member
Australia
208 Posts |
I am no expert but hey we now have had 2 very bearish
years, I see a good gain (to over $20) by the end of 2015!
Edited by Misterpostman
01/09/2015 09:33 am
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Valued Member
United States
252 Posts |
I would love to see something over $20. I didn't start buying silver until spot had already dropped to $27 an ounce for my first buy. At that point I only bought if for a few ounces until it hit around $20. Since it has hit $19.50 and lower I have now made it up to over 50 ounces in bullion alone. If it makes it back to $20 then I am out of the red with silver. I don't mind it taking its time getting there though as I am still very much in the market (unless my wife is on line in which case, this is all a lie and I'm not buying any more hun).
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Valued Member
Australia
208 Posts |
RES - my situation is similar, though my dollar cost average is higher than yours. First got in at $31, gradually bought and flipped some along the way to get my DCA including premiums to about $25. The last few days have made my $20 prediction look more likely, it sure is nice to see it go up.  Edited by Misterpostman
01/13/2015 7:47 pm
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Replies: 37 / Views: 8,011 |
First Page
Posted 12/27/2014 4:41 pm
