| Author |
 Replies: 14 / Views: 1,390 |
|
|
Pillar of the Community
United States
830 Posts |
It just surged up above the July high, highest its been since early May.  $41.63/oz last I saw.  |
|
|
|
Valued Member
United States
361 Posts |
Wonder if it will make a run at $50 or settle back somewhere in the low 30s.
|
|
Pillar of the Community
 United States
830 Posts |
My money is on higher, much higher.
|
|
Pillar of the Community
United States
5832 Posts |
I was thinking that it will hit in the low $41 by end of the week. It just to show you that you can't predict what the market does, and glad that my SLV has gone above 25% profit.
|
|
Pillar of the Community
United States
830 Posts |
$41.93/oz last I saw |
|
Pillar of the Community
United States
1026 Posts |
CRAP wanted it to go back into 30 something to get more may have to pay in the $40 now but I think it may have another fall before it takes off again but then I have been thinking that and it has not moved back much who knows.
|
|
Pillar of the Community
United States
830 Posts |
$42 now |
|
Valued Member
United States
59 Posts |
|
|
Pillar of the Community
United States
830 Posts |
Guns you have your fair share. |
|
Valued Member
United States
59 Posts |
im greedy  |
|
Pillar of the Community
United States
3670 Posts |
97guns may have more gold an silver than some small country's, lol....
|
|
Pillar of the Community
United States
4008 Posts |
Quote:
Wonder if it will make a run at $50 or settle back somewhere in the low 30s. The short answer would be, "Yes". It is possible that it will do both... challenge the $50 mark and then fall back to a lower price. No one knows, of course, so we all have to struggle with what we will do. I plan to continue buying silver here and there as I can. Picking up even 5-10 ozs. each month adds up over time. Price up? Price down? Not really a concern for me. I just want to build my stash over the next couple of years. Hopefully, I will be able to do that at somewhat reasonable prices. |
|
Pillar of the Community
United States
830 Posts |
I added a little down side protection near the high today. I bought 5 contracts of SLV Aug 20 expiration puts at the 38 strike for 45 cents. Total at risk for the trade is $225.
|
|
Rest in Peace
United States
9104 Posts |
How did your slv pan out?
|
|
Pillar of the Community
United States
4008 Posts |
Quote:
How did your slv pan out? Yes, I would like to know about that as well.  |
| |
Replies: 14 / Views: 1,390 |
|
Posted 08/03/2011 10:47 am
