Bye-bye Silver

Discussion in 'Commodity Futures' started by PaulRon, Jan 5, 2011.

  1. Your basis??

     
    #21     Mar 1, 2011
  2. Shagi

    Shagi

    Platinum is the new kid on the bloc - undervalued & my dope says it will probably outperform all metals in 2011
     
    #22     Mar 1, 2011
  3. T MINUS 27 DAYS UNTIL END OF Q1-2011

    I am standing on my long side of silver.

    Akuma
     
    #23     Mar 4, 2011
  4. Silver is trading right now at a 40 to 1 ratio to gold. Silver occurs in nature at a 17.5 to 1 ratio to gold. So either silver will go to $80, or it will stay here (at $36.30 as of this writing) and gold drop to about $600. Which sounds more likely?

    Also, the silver supply is much lower than the gold supply on an oz by oz basis. The laws of supply & demand state that the more rare a commodity the higher its value. Some people speculate that silver could get close to golds price just based on that. I dont believe it though. I think best possible case we could see a silver/gold ratio of 10 to 1 which would put silver at $140, but at those prices, im sure alot of people would be going into the silver mining business and quickly amp up the supply.
     
    #24     Mar 7, 2011
  5. T MINUS 24 DAYS AND COUNTING.

    I still am sticking with my long side call on silver. FU WNY

    Akuma
     
    #25     Mar 7, 2011
  6. T-10 DAYS STILL HOLDING TO LONG SIDE OF SILVER

    AKUMA
     
    #26     Mar 20, 2011
  7. T MINUS 9 DAYS UNTIL END OF 1Q-2011 SILVER AT $36.28USD AT CURRENT TIME.

    AKUMA
     
    #27     Mar 22, 2011
  8. ========================
    Emr

    Sell volume has increased[somewhat bearish:D ]
    but 50 dma,,
    donchian channel,,
    price uptrending most time frames,,
    parabolic stop & reverse, most great UP trending [bullish].....

    Commodities can trend much more than 100%;
    not really like stock trends, even though silver spent 1 year in a downtrend even in a great multi DECADE UP trend............................................................................................:)
     
    #28     Mar 23, 2011
  9. T MINUS 6 DAYS AND COUNTING SILVER AT $37.22USD

    AKUMA
     
    #29     Mar 25, 2011
  10. So, you think it goes higher next week, then?
     
    #30     Mar 26, 2011