Silver Up Over $5 Per Oz - Coin Community Forum

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Author	Replies: 12 / Views: 1,242
trout1105 Pillar of the Community Australia 7096 Posts	Posted 09/27/2011 03:12 am Silver is up over $5 in less than 24hrs I think I missed the boat Report this Post to the Staff

everything Valued Member United States 493 Posts	Posted 09/27/2011 03:30 am That's what I think all the time, the regular equities markets are just the day traders dream right now, I'd wager that even the ETF SLV which I believe is publicly traded will take another ride up yet, well actually, it did go up all day Monday, nice ride for anyone who was able to hop on board, sure wish I would have. Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 09/27/2011 04:57 am Tip: If you wait for your ship to come in, they'll have sent it to the airport. Report this Post to the Staff
trout1105 Pillar of the Community Australia 7096 Posts	Posted 09/27/2011 05:32 am Good on ya bigfred I'm not that fussed I got a fair bit of bullion coins at about$27-28 for Silver content, I might get a few gems to collect out of these and a couple of good Aussie crowns at about $10 over spot ( These will be going in my crown collection). All in all was quite an intresting day yesterday. Report this Post to the Staff
mmerlinn Valued Member United States 302 Posts	Posted 09/27/2011 05:47 am Quote: I think I missed the boat You did not miss the boat. So far this looks like a dead cat bounce. Might not stay that way, though. Report this Post to the Staff
fenton Pillar of the Community United States 4989 Posts	Posted 09/27/2011 09:26 am I should see a nice pop on my NOV call options this morning. I'm in for $1200 right now expecting the value to double to around $2400. If Silver gets to 40 soon, I will probably close sell out for around $5000. <Fingers Crossed>. Investing or gambling? ROFL... I think it was a good play given the irrational drop in silver prices but we'll see how it plays out. Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 09/27/2011 3:02 pm Call options on SLV, or something else? Report this Post to the Staff
ilikeikes Pillar of the Community United States 1205 Posts	Posted 09/27/2011 3:06 pm what a roller coaster... Report this Post to the Staff
poboxw Pillar of the Community Canada 1502 Posts	Posted 09/27/2011 6:25 pm Ain't good for the heart Report this Post to the Staff
hesgut Pillar of the Community 1028 Posts	Posted 09/27/2011 7:02 pm At first I was thinking "what, $5?", but then I saw you were talking Australian dollars. It hasn't gone up that much in US currency and hasn't instilled confidence in me that it'll stay up or continue to rise just yet either. Report this Post to the Staff
tripncoins Pillar of the Community United States 648 Posts	Posted 09/27/2011 9:45 pm I think this is a dead cats bounce - it will dip more. JMO. Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 09/27/2011 9:47 pm OZ dollars = USD, last I looked Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 09/28/2011 9:39 pm Quote: Investing or gambling? ROFL... I dunno... flip a coin? Report this Post to the Staff
	Replies: 12 / Views: 1,242

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