Precious Metals Forum

Go Back   Precious Metals Forum > Precious Metals and Economic News > Silver Bug

Reply
 
LinkBack Thread Tools
Old 04-23-2012, 11:06 AM   #1
Super Moderator
 
benjamen's Avatar
 
Join Date: Mar 2012
Location: Migratory
Posts: 1,620
Liked: 685 times
Silver falling

I am loving these dropping silver prices!

They need to keep dropping until the beginning of May when I make my next purchase. I can see a big stack of ASEs in my future!
__________________
I drive men mad
For love of me,
Easily beaten,
Never free.

PMBug 101 *** Forum Rules
benjamen is offline   Reply With Quote
Old 04-23-2012, 11:24 AM   #2
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,014
Liked: 2443 times
Your timing might be slightly off:

http://www.pmbug.com/forum/f13/perfe...fomc-opex-823/

http://www.pmbug.com/forum/f4/qe3-lo....html#post7468

The sale may end on Wednesday. I read speculation on the net that the price drop today may be orchestrated for the big boys to load up on the physical before the QE3 pop to come.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is online now   Reply With Quote
Old 04-23-2012, 11:37 AM   #3
Super Moderator
 
benjamen's Avatar
 
Join Date: Mar 2012
Location: Migratory
Posts: 1,620
Liked: 685 times
Originally Posted by PMBug View Post:
Your timing might be slightly off:

http://www.pmbug.com/forum/f13/perfe...fomc-opex-823/

http://www.pmbug.com/forum/f4/qe3-lo....html#post7468

The sale may end on Wednesday. I read speculation on the net that the price drop today may be orchestrated for the big boys to load up on the physical before the QE3 pop to come.

Yes, I am aware of that possibility. Timing is not much of an issue for me. Once a month I allot a certain amount of federal reserve notes to purchase precious metals. Lower silver prices do help my goal of finishing a monster box of ASE's.
__________________
I drive men mad
For love of me,
Easily beaten,
Never free.

PMBug 101 *** Forum Rules

Last edited by benjamen; 04-23-2012 at 12:24 PM.
benjamen is offline   Reply With Quote
Old 04-23-2012, 02:44 PM   #4
Yellow Jacket
 
ancona's Avatar
 
Join Date: Nov 2011
Location: Waaay south
Posts: 3,370
Liked: 2046 times
I can't figure out why prices are dropping beyond anything other than pure manipulation. There are no fundamentals to support this sell off; none.
__________________
All things being equal, the simplest answer is quite often the correct answer - Occam
ancona is offline   Reply With Quote
Old 04-23-2012, 02:49 PM   #5
Moderator
 
Join Date: Oct 2011
Posts: 1,059
Liked: 459 times
May 4th is my prediction for an ultimate low for this down cycle. After that we should see a turn.
DSAbug is offline   Reply With Quote
Old 04-23-2012, 02:53 PM   #6
Yellow Jacket
 
ancona's Avatar
 
Join Date: Nov 2011
Location: Waaay south
Posts: 3,370
Liked: 2046 times
Originally Posted by dereksatkinson View Post:
May 4th is my prediction for an ultimate low for this down cycle. After that we should see a turn.
Why the fourth? Is that a key date for something political?
__________________
All things being equal, the simplest answer is quite often the correct answer - Occam
ancona is offline   Reply With Quote
Old 04-23-2012, 04:03 PM   #7
PM Bug Supporter
 
DoChenRollingBearing's Avatar
 
Join Date: Oct 2011
Location: SE USA
Posts: 1,275
Liked: 691 times
"The ten thousand things rise and fall without cease."

-- Lao Tzu

Just keep buying...
DoChenRollingBearing is offline   Reply With Quote
Old 04-23-2012, 05:37 PM   #8
KMS
Moderator
 
Join Date: Oct 2011
Location: Cheesehead Land
Posts: 374
Liked: 119 times
APMEX did a 'silver bar sale' email today. My money is on more movement down through the FOMC and Options Expiry.
__________________
“The first panacea for a mismanaged nation is inflation of the currency; the second is war.
Both bring a temporary prosperity; both bring a permanent ruin.
But both are the refuge of political and economic opportunists.”
– Ernest Hemingway

If voting made any difference they wouldn't let us do it - Mark Twain
KMS is offline   Reply With Quote
Old 04-23-2012, 07:12 PM   #9
Moderator
 
Join Date: Oct 2011
Posts: 1,059
Liked: 459 times
Originally Posted by ancona View Post:
Why the fourth? Is that a key date for something political?
Works with cycle studies. I doubt it will fall on that day simply because I posted it.. Lol
DSAbug is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Watch for falling prices. KMS Silver Bug 19 11-26-2011 06:44 PM
Indian market analysts see gold to silver ratio falling PMBug Silver Bug 1 10-27-2011 03:19 AM


All times are GMT -5. The time now is 02:38 PM.


Powered by vBulletin® from Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.
Content of PMBug.com copyright © 2011 - 2019 Measuring Up. All Rights Reserved.