Silver explodes over 37

[cubical]

Lets see if it can sustain it.

 

[muzzled dogg]

i need a buying op

 

[jclay2]

Wow, I have been disconnected from the internet for 6 days. Its amazing how much I have missed in the last week.

 

[Brian4Liberty]

i need a buying op

Yep. World events are preventing that.

 

[Stary Hickory]

Yeah I am not buying silver at these prices...I want to see a pull back.

 

[cubical]

i need a buying op

This might be it.

 

[jclay2]

For those of you waiting for a "buying opportunity",

Don't worry about the price. The long term fundamentals are there and higher silver prices are inevitable. The silver market is extremely volatile and will play dubious tricks on your mind if you attempt to time your purchases. The best way to avoid this is to dollar cost average by setting aside a certain amount of $/month to buy gold/silver. In this way you buy more silver when the price is low and less when the price is high. Its pretty simple and takes the emotional aspect of buying out of the equation. Also note, most of you who wait for the buying op will underperform the dollar cost average group.

 

[Seraphim]

+ rep

For the standard saver/investor with a steady paycheck...DO THIS.

For those of you waiting for a "buying opportunity",

Don't worry about the price. The long term fundamentals are there and higher silver prices are inevitable. The silver market is extremely volatile and will play dubious tricks on your mind if you attempt to time your purchases. The best way to avoid this is to dollar cost average by setting aside a certain amount of $/month to buy gold/silver. In this way you buy more silver when the price is low and less when the price is high. Its pretty simple and takes the emotional aspect of buying out of the equation. Also note, most of you who wait for the buying op will underperform the dollar cost average group.

 

[Seraphim]

Your buy ops were 27$ silver in February and the short 1.50 drop after the Japanese earthquake.

i need a buying op

 

[libertybrewcity]

I am pissed I sold all of my silver at 31 bucks

 

[Superfly]

wow...it was 33ish last week right after the yen showed artificial strength...glad i bought some up

 

[ctiger2]

I am pissed I sold all of my silver at 31 bucks

Say it ain't so...

Anyhow, we might trade back to the $32 range on a pullback in mid April. Then again, we might not.

 

[georgiaboy]

For those of you waiting for a "buying opportunity",

Don't worry about the price. The long term fundamentals are there and higher silver prices are inevitable. The silver market is extremely volatile and will play dubious tricks on your mind if you attempt to time your purchases. The best way to avoid this is to dollar cost average by setting aside a certain amount of $/month to buy gold/silver. In this way you buy more silver when the price is low and less when the price is high. Its pretty simple and takes the emotional aspect of buying out of the equation. Also note, most of you who wait for the buying op will underperform the dollar cost average group.

+ rep

For the standard saver/investor with a steady paycheck...DO THIS.

would you do this with physical, etf's, or some combination?

 

[pmbug]

Physical

 

[AZKing]

Wow! Glad I bought in when it dropped last week. Now I'm wishing I bought more

There will probably be a pullback in 3 or 4 weeks, from what I've heard.

 

[devil21]

i need a buying op

You just had one when it was at $35! I backed up the truck

 

[Original_Intent]

I am pissed I sold all of my silver at 31 bucks

I sold around 1/3 of mine at the same price, expecting a correction (only sold 1/3 in case I didn't get it). Glad it was only 1/3!

 

[Seraphim]

Physical.

Stay away from ETF's unless you want to actively trade short term price fluctuations.

would you do this with physical, etf's, or some combination?

 

[Seraphim]

If there is a pull back before mid summer, it will come from news that QE policies will end and when they actually do end. Even if that happened, it would send the market place in a tizzy for a few weeks and a flight back to PMs and commodities would likely trigger massive price increases.

Don't count on QE ending. Central bankers know goddamn well if they end QE, the stock market will plumment and govt bonds will collapse.

Say it ain't so...

Anyhow, we might trade back to the $32 range on a pullback in mid April. Then again, we might not.

 

[cubical]

Held above 37 pretty nicely. Tomorrow will be interesting.