To say that the silver market is set up and has the real potential of exploding in price is an understatement. In fact, it’s hard for me to conceive of a single real bearish factor. And it’s not just that there are many bullish factors present in silver as much as it is the extreme condition of all those bullish factors. That physical supplies are as tight as they are, at the same time the market structure is set up so well, at such depressed prices is a wonder to me. I never thought such conditions could exist at the same time.
Posts: 5931 | Registered: Jul 2006
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Started a position today. May go lower but near $11 is a good entry price! Bought some GLD too!! The printing press will be hard at work printing $$$!!
Posts: 1377 | From: Ohio | Registered: Mar 2004
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$1.00 over spot!!!Nice...You buying locally or online Retiredat???Just paid $3.00 for rounds, even with the premium my dealer had to order them for me...
Posts: 1292 | Registered: Apr 2006
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-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 6648 | From: Virginia | Registered: May 2006
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Looks like another good day to surf silver...yeah, yeah, Silver Surfer puns aside.
Made about 16% last month on this one riding the upswings. It closed at 10.23 on friday and opened this morning at 9.27. Back in today hoping to make another 12% or so by the end of next week (sell order at 10.27).
Let's see if I finally found a good surfboard.
Posts: 677 | From: Utah | Registered: Mar 2008
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