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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

I Predict $50 Silver Today

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Typesetmaker
Valued Member
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United States
97 Posts
 Posted 05/05/2011  01:52 am  Show Profile   Bookmark this reply Add Typesetmaker to your friends list Get a Link to this Reply
is it a buying opportunity?
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Bizybackson
Pillar of the Community
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United States
1817 Posts
 Posted 05/05/2011  10:49 am  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
Still sliding, $36.80/oz as of this posting. Lost more than 25% from its latest peak a week ago. Predicting $30 by the end of trading Friday.
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BH1964
Bedrock of the Community
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United States
10982 Posts
 Posted 05/05/2011  12:27 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
JPMorgan increased margin requirements again yesterday to reduce speculation. JP is making a haul on their pre-planned shorts and we'll have to see how far they want it to fall. Wall Street owns the game for now but in the long run increasing margin holdings are a good thing.

All markets are down this week also. Across the board losses and some not so good news economic news. Hang tight stackers.
ANA #R3154474
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david mackenzie
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Canada
183 Posts
 Posted 05/07/2011  7:18 pm  Show Profile   Bookmark this reply Add david mackenzie to your friends list Get a Link to this Reply
The big boys are calling the shots last week,the weak are selling but wait another week starts monday,lets see if the new buyers jumped in?
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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum



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