[icedrakona]

It seemed to be stuck in the $33 to $34 zone for quite some time. Nice to see it at $36.

[Calluffence]

wait untill the bernake talks tomorrow. that coupled with greece 'defaulting' today - $40.

[icedrakona]

Ohhhhh, me likey.

[Old-old-Ivy]

wait untill the bernake talks tomorrow. that coupled with greece 'defaulting' today - $40.

I really don't mind! REALLY!

[ViaplyVuple]

not one to chase a market...but I did buy a silver eagle or 2 for $36.70 this morning. Just saw a high print at $37. wow.

[Kokomoxcvcv]

*** Yawn****

Dollar cost average investors are not impressed

[topbonusescod]

Well if it wishin we be doin! 8-) The wee dog will have its day lads and lasses!

[Ikhqgvas]

With the economy in full recovery mode now, industrial demand for silver should take silver much higher.
Go silver!

[spiveker]

Go back to $28, I'm still buying! These metal manipulators are doing a terrible job driving down the price of silver. I'm takin over.

20110309_rocket.jpg

[prehighaltitudesjj]

37 and change right now with Au scratching at 1800 once again.

[Stasher11]

When Greece is widely seen as being in default, and when the other Euro-welfare countries start to obviously follow, there will be a flight of capital from the Euro to the Dollar. I'm betting that will give is all one more buying opportunity before the launch "to da moon".

Of course, I could be wrong... I often am!

[johnuioyer]

GSR @ 48.

for those who were thinking about trading silver for gold, a few more weeks like this and the ratio will be back in the 30's.

[LxtdK9i4]

When Greece is widely seen as being in default, and when the other Euro-welfare countries start to obviously follow, there will be a flight of capital from the Euro to the Dollar. I'm betting that will give is all one more buying opportunity before the launch "to da moon".

Of course, I could be wrong... I often am!

Warning: don't use logic. The problem with this is that the manipulators at the federal reserve (ESF-Exchange Stabilization Fund), are buying Euros with dollars to keep them from crashing. This means that the dollar will crash in value along with the Euro. The bastards are thieving any wealth they can.

[ebonytipchik]

Sounds as though silver is on a tear for the next couple of months..................plus 50$


http://kingworldnews.com/kingworldne...26_Silver.html

[Zoxeeoy]

Well I can take credit for killing the run in both gold and silver had some options in each and I put in a limit order to sell... didn't happen, nuff said.

[johnuioyer]

Sounds as though silver is on a tear for the next couple of months..................plus 50$


http://kingworldnews.com/kingworldne...26_Silver.html

"Then, when people start to get educated and understand that money is rapidly losing its value, you will get something like we saw in the 70s where people wanted out of paper money. We are still very, very early in this cycle but these are the types of things KWN readers globally should expect.


The other thing was the people who had goods during that period, they figured it out and suddenly the stores didn’t have any inventory and stores were closed. There was even a scramble to get gasoline and people didn’t think it was available.


I remember there was one fellow that picked up the phone and called into Texas and asked, ‘Do you have any gasoline available?’ They said, ‘Sure how much gas do you want?’ This man made over $1 million buying gasoline out of Texas and shipping it. The bottom line is all of this type of stuff will contribute to a big spike in the velocity of money at some point.


What’s different about the 70s versus now is that the baby boomers are at the opposite end of this where they are disposing of assets. My guess is that we will see this panic out of paper will first start overseas and then it will move to the US. But eventually everyone is going to look at the cash in their pocket or in the bank and this money is rapidly eroding and I have to do something with it.


You hear people saying that using gold and silver as money is crazy, but the truth is that for pretty much all of human history, except for 40 years, gold and silver have been money.


I remember distinctly when I had any awareness of money at all that my allowance was paid in silver coins. You would save it and put it in the bank and the paper money you would save in was backed by gold. So the only money I knew until I was literally graduating high school and even for a time beyond that was gold and silver as money.


There are well over 100 million people in the United States who remember gold and silver as money. It’s the mainstream media and the establishment that tries to tell you the concept is ridiculous.


So mainstream media and the establishment say having silver and gold as currency is crazy. But it’s crazy not to acknowledge that was the money system not too long ago. Mr. Hugo Salinas Price, out of Mexico, has proposed we go back on a system of silver coinage. His suggestion, and I think it’s a brilliant idea, is that even junk silver coins be remonetized. It hasn’t happened yet, but I think the logic behind it is outstanding.”

[dabibibff]

It seemed to be stuck in the $33 to $34 zone for quite some time. Nice to see it at $36.

Today is a key day.

SI just broke the 200 conclusively, and came off an inverse
shoulder pattern, 34 was key support just short of the 200,
today was day 3 on 200 SMA and we got this pop, lots of buy stops
being hit. GC is in nomans land right here, that is what to follow, it did
not do much today the way SI stands out. SI will follow GC.

GC looks like it will pop like SI, look at the chart, 1800, SI will follow.

I predict GC will reach previous high plus or minis 20 to 40,
SI will suck in longs to burn, they will drop GC. These are
dangerous trades if you are planning to trade this, especially SI.
Watching closely at that level my opinion may change.

It's a very strong +ve chart.

http://stockcharts.com/h-sc/ui?s=$SILVER&p=D&yr=1&mn=0&dy=0&id=p42106480801



http://stockcharts.com/h-sc/ui?s=$GOLD&p=D&yr=1&mn=0&dy=0&id=p42106480801




Some of my analysis.

One year high.

Capping Silver, Massive Volume Price Drops

One year low.

Gold Break Down on Pennant Formed Dec 28 2011

[GotActichwicy]

The chickens are back:

[nAKMzyBN]

I was liking this today too. I've become more and more of a fan of P&F charts, and the P&F charts are indicating a high 40s price target.

Good news!

[maliboia]

My 16 year old son made his first PM purchase a few weeks ago, silver at 33, he's estatic!