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Silver Closes Above $35!

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Author Previous TopicReplies: 11 / Views: 1,556Next Topic  
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unholyroller's Avatar
United States
1903 Posts
 Posted 10/04/2012  6:08 pm Show Profile   Bookmark this topic Add unholyroller to your friends list Get a Link to this Message Number of Subscribers
Has taken a while to end the day over $35.... it has flirted with it many times over the last week, but today it finally did it!
( ask price that is )
Edited by unholyroller
10/04/2012 6:17 pm
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chris12018's Avatar
United States
2130 Posts
 Posted 10/04/2012  8:17 pm  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
Hold on for the ride.
Valued Member
United States
372 Posts
 Posted 10/04/2012  8:52 pm  Show Profile   Bookmark this reply Add mmerc20 to your friends list Get a Link to this Reply
Like a lot of us, I'm curious how far it will go. I think the other question I have is will the winner of the election in November cause a change in prices to go one way or the other.
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basebal21's Avatar
13014 Posts
 Posted 10/04/2012  10:25 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
will the winner of the election in November cause a change in prices to go one way or the other.


Almost certainly yes.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 10/04/2012  10:48 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
"Almost certainly yes" is a good answer to a question that requires definition
Alternative A): a Democrat winner---- ? 1: will prices go up or 2: down?
Alternative B): a Republican winner-- ? 3: will prices go up or 4: down?

"yes" seems to be a viable answer to all four outcomes.
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Earle42's Avatar
United States
10034 Posts
 Posted 10/05/2012  12:50 am  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
Opinion: If the winner is a person who understands actual American history and the way our economy worked in the past (which resulted in the US being the most prosperous nation in history); and that person can implement the HISTORICALLY PROVEN methods (and legislative branch also follows suit) ...

... then the economy will get better and PMs will go lower.

Personally, it scares me to think someone can be in charge who hired an active (self proclaimed) communist as an advisor. I admit this has been part of why I have been paying more attention to the PM market than I ever have in my life.

I also have had friends who know my coin hobby asking me questions about silver b/c (their reason) the political situation of the US. They have never pursued PMs before but (their words) are presently scared.



How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
Edited by Earle42
10/05/2012 12:54 am
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basebal21's Avatar
13014 Posts
 Posted 10/05/2012  12:56 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Alternative A): a Democrat winner---- ? 1: will prices go up or 2: down?
Alternative B): a Republican winner-- ? 3: will prices go up or 4: down?

"yes" seems to be a viable answer to all four outcomes.




I think under a normal election year the most likely outcomes would be Obama wins they go up Romney wins they go down. But with the 2012 thing I'm not convinced any potential drop will be anything more than a blip on the radar with the election being about a month away from the "end of the world".

If I had to make a prediction I would say a good run up in December and if were all still here in January a sharp decline
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barryg's Avatar
United States
5844 Posts
 Posted 10/05/2012  4:50 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Ah well. Silver, gold and platinum all had a really nice run yesterday. Today, not so much...
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unholyroller's Avatar
United States
1903 Posts
 Posted 10/05/2012  4:59 pm  Show Profile   Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
I think this was some "pre programmed" sell orders that hinged on jobs data. My guess...2-3% pop up monday
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Ed_B's Avatar
United States
4008 Posts
 Posted 10/05/2012  6:33 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
...and legislative branch also follows suit...

Yes... and there is only *1* way that is going to happen.
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 10/06/2012  2:09 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
G@S pulling back a wee bit before the end of the week reminds me of that sneaky little kid trying to sneak up on you from behind and every time you look behind you they are a little bit closer, minding their own business paying you know mind....

Then when you start to take notice of their distance closing, maybe if they are smart they pull back a little so as not to give up their position....
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Broseph's Avatar
United States
979 Posts
 Posted 10/06/2012  5:22 pm  Show Profile   Bookmark this reply Add Broseph to your friends list Get a Link to this Reply
I have been getting some silver finds lately from CRH. I love watching the value RAISE!!
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