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View Full Version : Silver down 2 bucks


SterlingSilver
08-24-2011, 10:49 AM
According to CNBC's chart. I'm a buyer today!

ag4uandme
08-24-2011, 10:51 AM
Wasn't it up 2 bucks earlier this week? So were you a buyer over the weekend when it was more or less the same price?

treasurehunt
08-24-2011, 10:56 AM
Wasn't it up 2 bucks earlier this week? So were you a buyer over the weekend when it was more or less the same price?


I sure was! Gonna wait on the sidelines for a while til the next buy though.

SterlingSilver
08-24-2011, 10:59 AM
Wasn't it up 2 bucks earlier this week? So were you a buyer over the weekend when it was more or less the same price?

The only problem with that statement is that you can't travel back in time nor predict the future.

BullionBully
08-24-2011, 11:00 AM
Still over $40, I'll be waiting for a real drop to DROP some real fiat down. Lol

ag4uandme
08-24-2011, 11:22 AM
The only problem with that statement is that you can't travel back in time nor predict the future.

Guess my point is, what is different for you between today and Sunday?

mrgneiss
08-24-2011, 11:31 AM
Wasn't it up 2 bucks earlier this week? So were you a buyer over the weekend when it was more or less the same price?

But according to the seasonal chart this is most likely the last dip before the big fall run, this chart has played out perfectly over the past 4 months:

http://seasonalcharts.com/classics_silber.html



.

refrep
08-24-2011, 11:38 AM
Wasn't it up 2 bucks earlier this week? So were you a buyer over the weekend when it was more or less the same price?

Was up over $4. Its a good buying opp...

zostar
08-24-2011, 12:09 PM
I guess it's the "back and fill" lost some good ground 2x here in

August, but that's August for ya.

jared3602
08-24-2011, 12:19 PM
But according to the seasonal chart this is most likely the last dip before the big fall run, this chart has played out perfectly over the past 4 months:

http://seasonalcharts.com/classics_silber.html

.

if silver follows that chart then we should see a retest of the Aug low of $37 then a climb back to just above recent level of $44. Then the fall run.

would like another buy in under $40 so will probably pick up a few before The Bernak speaks on Friday.

ifionlyhadsomegold
08-24-2011, 12:22 PM
I guess it's the "back and fill" lost some good ground 2x here in

August, but that's August for ya.


It's wall street's roller coaster!



That's why i advice multiple DCA purchases of physical silver.

FelixWankel
08-24-2011, 12:36 PM
I hope it keeps going down, just in time for the release of the Perth mint lunar "year of the dragon" coin. Gotta load up.:D

StudentInvestor
08-24-2011, 12:54 PM
I hope it keeps going down, just in time for the release of the Perth mint lunar "year of the dragon" coin. Gotta load up.:D

Maybe it'll go low enough for me to get my hands on one of the 10kg dragons. I'd love to have one of those bad boys.

zostar
08-24-2011, 12:57 PM
Wow, just crazy, back to the $40 < floor > ??

Seems very strange expecially on ta Wednesday.

after bernack pulls out of Jackson's hole, maybe we

will be dancin in the streets again.
:confused: