Great Time to Invest in Silver!
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doublelongdaddy;483537 said:
Silver looks to have bottomed today, with the gap down at the open and a clear reversal.
Now higher in the afterhours.
Good time to add to your positions; I am.
Look for a quick move to the $28.30 range.
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Powersnake12;491998 said:
I am waiting for $25 because the next drop is expected to be at around $21 but this is all speculation. We are coming closer to August and last year we saw $40+. I am hoping for a big drop and a huge recovery...we will see!
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doublelongdaddy;491999 said:
You can afford to Dld because your average cost is so low.
Unless the broader markets drop significantly we may not get there.
Especially given with what is happening in Europe and the fact that US is in even worse shape. If the markets drop expect more stimulus.
IMHO the risk is to the upside.
As you wrote, we shall see. :cool:
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Powersnake12;492005 said:You can afford to Dld because your average cost is so low.
Unless the broader markets drop significantly we may not get there.
Especially given with what is happening in Europe and the fact that US is in even worse shape. If the markets drop expect more stimulus.
IMHO the risk is to the upside.
As you wrote, we shall see. :cool:
Last time I was actively buying silver was when it was at $32. I managed to sell off about 1/3 of my holdings this past Spring at $34, I did not want to sell but I had to. If I knew this was going to be the case last year I would have waited and picked up much more. I currently hold about 10oz. of Gold and about 200 oz. of Silver, not a lot but enough in case of an emergency. I would love to be at 1 pound of Gold and 1000oz. of Silver, that was my original goal but I fell on a bit of a hard time. Looking forward to better times and being able to buy again.
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doublelongdaddy;492015 said:
Sooner or later better times will arrive. Sooner or later you will buy again. The more you accumulate the more you'll be better off.
When you are ready drop me a line. I'm the head trader here: www.golddealer.com
For your contribution to my growth, I'll give you great deal. PM me when its time.
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Any move in price over $28.39 means the uptrend has resumed.
Keep an eye on it over the next week.
Keep an eye on it over the next week.
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doublelongdaddy;492506 said:
I am loving the chart. Beautiful reversal. Lovely hammer candle.
Bought some more today at the lows. Every time the Fed speaks they run it down. Guaranteed.
Get in and bring your avg. cost down. You are going to see some moves soon. A break above $27.53 is to be bought.
Don't sell till we hit $49 again.
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doublelongdaddy;492713 said:
Time to buy.
We had a breakout over a descending trendline yesterday with follow through today.
Today's move over $27.47 intraday represents a change in trend to the upside. It is higher in the afterhours by ten cents.
Add to your positions on any down day.
The same applies to gold.
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DJ7;501102 said:
The best time to buy would have been when it was at 26.xx, at $31 it is still a good play. Silver is a long term investment and the market will constantly fluctuate. There are days when I am rich and there are days I wake up and check the charts and I am poor
I just keep stacking and I will never sell. We should see silver hit $40 before December.
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TRRbogie;501525 said:
I certainly missed it but I was cash poor when the price was so low. I wish I would have sold some shit and picked up another 500 ounces. Oh well. Today I am a little bit richer with the 31.xx price but will hold steady until $40+. I may still pick up some junk silver over the next few weeks. I think we will see the biggest movements come late November, early December.
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Yesterday I picked up two rolls of half dollars at my local bank, $20 worth to search for silver. ANyway, got home and opened the rolls and they were ALL silver! $20 investment and I made $400! Be sure to check your local, small banks for rolled halves, you can really score.
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DJ7;502875 said:
Hit and miss. US half dollars were 90% silver up to 1964. 1965-1970 halves are 40%. I got about half and half, total of $350 from $20 face value. Most of the time you will find nothing but it is still worth it and it is an awesome hobby. I mean you give them $20 for 40 halves, your not spending anything but time. If they are not silver I use them as money.
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