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Nice Day For Gold And Silver

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Author Previous TopicReplies: 4 / Views: 997Next Topic  
Pillar of the Community
junior e's Avatar
United States
931 Posts
 Posted 09/13/2011  1:56 pm Show Profile   Bookmark this topic Add junior e to your friends list Get a Link to this Message Number of Subscribers
I like the way gold And silver are behaving today. Now that it picked up a little bit it seems like momentum is lifting it as if buyers sense the bottom of this little pullback. Time for another fat day.
Pillar of the Community
Silverhawk74's Avatar
United States
3670 Posts
 Posted 09/14/2011  01:20 am  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Now a day later at 1 A. M. Wed morning, seems like S @ G started out down got it back at least gold anyway, and are holding around 1830 an 40 an some change. Will be interesting to see what comes to finish the week....

Everything around the globe seems quit right last few days, makes me nervous, lol....
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poboxw's Avatar
Canada
1502 Posts
 Posted 09/14/2011  02:00 am  Show Profile   Bookmark this reply Add poboxw to your friends list Get a Link to this Reply
hmmmm... impulse buy on ebay just landed me 35oz of JM rounds and SML at 41/oz (shipping included!), the closest I've gotten to spot on ebay. Was hoping to turn these around for sale as soon as I get them so hopefully silver holds out.
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junior e's Avatar
United States
931 Posts
 Posted 09/14/2011  07:26 am  Show Profile   Bookmark this reply Add junior e to your friends list Get a Link to this Reply
I wouldn't worry about that silver purchase. joe316 is snooping around here again and every time he does silver goes up two bucks. As far as impulse buys on ebay I know the feeling well. You're sitting there saying"is it going back up, is it going back down"? Then something inside reminds you of the national debt and you hit the buy button. Nothings for sure, but gosh, there are so many reasons for PM's to continue to rise. The main if factor is the day traders. I tend to think that most of them get sorted out in these short term pullbacks. A lot of people holding the ETF's are in it for the long term. Even the most conservative advisors are recommending that five to ten percent of a client's portfolio be held in PM's, and most of them wouldn't know how to take delivery.
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poboxw's Avatar
Canada
1502 Posts
 Posted 09/14/2011  10:34 am  Show Profile   Bookmark this reply Add poboxw to your friends list Get a Link to this Reply
hahaha~, that's really does calm the mind "joe316 is snooping around here again and every time he does silver goes up two bucks"
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