Silver now $45 per ounce

[qh4dotcom]

As of 4/20 11:30am

 

[TomtheTinker]

this is getting out of hand.

 

[fatjohn]

Hitting my head for not buying more... but since 38 dollars I've been expecting a pull back to 31. Never went under 34 so shit. Now it is really having a parabolic thingy going on while gold is moving higher with a lot more trouble. Actually only moving higher in dollars. The stock market double topped too so expecting for the silver pullback to coincide with a stock market crash. But hey trying to predict stuff for so long and so many times wrong... Problem is want to trade with leverage so need a firm base for that.

 

[Seraphim]

We've seen nothing yet. The upwards move IS the correction.

this is getting out of hand.

 

[AuH20]

The downward pressure on silver is relenting. The natural price should be way over $100 if you remove the factor of a corporate entity manipulating the price.

 

[Dr.3D]

The downward pressure on silver is relenting. The natural price should be way over $100 if you remove the factor of a corporate entity manipulating the price.

I've always thought of silver as being like a beach ball held underwater. Once the downward force is removed, it would fly right out of the water. I'm still thinking there is going to be some more downward pressure, but not as much as before, mainly because they are running out of ammo.

 

[Gaddafi Duck]

I've always thought of silver as being like a beach ball held underwater. Once the downward force is removed, it would fly right out of the water. I'm still thinking there is going to be some more downward pressure, but not as much as before, mainly because they are running out of ammo.

Always?

 

[AuH20]

Bythe and the Cartel beat it down nearly a dollar to 44.58 in a 10 minute span and it's back again an hour later. It's like trying to fight gravity.

 

[jclay2]

All right, this is just getting silly. While I am a complete silver bull (even at these levels), the lack of a downward reaction is starting to worry me.

 

[puppetmaster]

All right, this is just getting silly. While I am a complete silver bull (even at these levels), the lack of a downward reaction is starting to worry me.

Maybe the information I posted has legs......? the players in the know are hoarding I am sure. (provided it is true)

http://www.ronpaulforums.com/showthread.php?287890-Silver-buyers.....silver-to-hit-125-in-90-days-(in-summer-2011)

This is good for one side of my business and bad for the other.

 

[AuH20]

All right, this is just getting silly. While I am a complete silver bull (even at these levels), the lack of a downward reaction is starting to worry me.

Seems to have reduced to 2 to 3 concentrated attacks a day. After that it's usually been clear sailing.

 

[Original_Intent]

All right, this is just getting silly. While I am a complete silver bull (even at these levels), the lack of a downward reaction is starting to worry me.

Could be the start of a mini-mania. Lot more people are starting to wise up to silver and wanting it in their portfolio LONG TERM. They aren't going for a quick profit, they are buying and holding.

 

[AuH20]

I think the focus on price containment has moved onto Gold. Silver is a lost cause for the Fed boys.

 

[jclay2]

From a trading perspective, this move is pretty interesting. One of the characteristics of this move and the one starting in August is that no one really has an explanation for why silver has been so explosive. The underlying fundamentals for silver are there, but no one can explain the catalyst for such drastic price action. And like AuH20 has said, the downward moves are fought off very quickly and then the rise continues as if nothing happened. Its like silver is some unstoppable force that just wants to move and the path of least resistance is up. We will hit the down reaction sometime, but until I see at least a $ 3 pull back I won't even consider it a possibility. Watch the market and especially the behavior leading up to contract expirations.

 

[Seraphim]

Until silver is about 80-90$, value is more attainable with silver then gold.

I think the focus on price containment has moved onto Gold. Silver is a lost cause for the Fed boys.

 

[mojobo]

I think between the almost government shutdown and the S&P downgrade of U.S. debt people are finally waking up to the fact that our debt is out of control. The dollar rejection is slowly starting to happen.

 

[Arklatex]

Mandalay Resources pink sheet up 34%

http://www.google.com/finance?q=PINK:MNDJF

 

[Michael P]

People are paying $60+ an ounce on ebay. A lot of the wholesalers are sold out or back-ordered. The price of something is what someone is willing to pay for it and right now that looks like about $60.

 

[Dr.3D]

Always?

Yeah, always!

 

[CaliforniaMom]

Why would they pay so much on Ebay when they can get it from a coin shop for like $48?