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 Replies: 31 / Views: 4,653 |
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Valued Member
United States
384 Posts |
This is crazy!  But it looks like since everybody was expecting $50, and would start selling some if it crosses the number. Some people are getting ahead and starting to get out just short of $50. If that's true then we may not see $50 in the morning, and it'll take a few more days.  |
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Bedrock of the Community
Australia
21788 Posts |
Have a look at the newly created Kitco moving average charts..... then THINK!
I believe more reasonable (and reasoned) comments will then be posted in the CCF.
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Pillar of the Community
United States
3670 Posts |
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Pillar of the Community
United States
1450 Posts |
Looks like we are getting some stability about $48.50. It will be interesting to see what the trading day brings.
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Pillar of the Community
United States
1450 Posts |
sei-691,where do you find the Kitco moving average charts? I looked on the site but didn't see what you mentioned.
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Bedrock of the Community
United States
10982 Posts |
After almost rocketing to $50 in Asia, we have settled around $49. Still way up from last week.
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Pillar of the Community
United States
3670 Posts |
In the last 15 minutes, I have seen silver as low as $48.79 and within minutes it was up to $49.98, and minutes later back down to $49.14. The silver line is as sporadic as a heart monitor to start the week, and 50 an oz. is a real possibility by the time day breaks....
And when silver dipped again, gold past $1518....
Edited by Silverhawk74
04/25/2011 03:01 am
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Pillar of the Community
United States
2602 Posts |
I can't even get the kitco.com page to load- must be too many people looking at it!
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Pillar of the Community
Canada
834 Posts |
Well silver has fallen pretty quick in the last hour. Almost up 2.00$ to now .44$
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Pillar of the Community
United States
1450 Posts |
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Valued Member
United States
310 Posts |
Back at $47.43, gonna be a crazy day I think lol.
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Pillar of the Community
United States
4008 Posts |
I'm wondering if this minute-by-minute interest in the price of silver is any part of a bubble phenomenon. Relax, guys... enjoy the fact that we own something that the government can't trash via over-production of it. It goes up, it goes sideways, it goes down... and so do ALL other investments. Typical behavior, signifying nothing special.  Just remember... a lower price only means that your next buy will be cheaper!  |
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Pillar of the Community
 United States
931 Posts |
It doesn't matter if you are a bull or a bear. This is fun to participate in. I'm invested in gold too, but this silver is a hoot.
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Bedrock of the Community
Australia
21788 Posts |
hockingzig: Just Google 'Kitco 200 day moving average'.... come up straight away.
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Pillar of the Community
United States
1450 Posts |
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Replies: 31 / Views: 4,653 |
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Posted 04/25/2011 01:35 am
