looks like there are still no options on SLV however the GLD options are getting alot more volume meanwhile me thinks SLV is getting real cheap ( silver futures and physical too )
Silver was having a fire sale Friday. I have been waiting for a breakdown below support to add to my stack of physical. Few bids of mine got hit over at bullion direct. Some silver eagles, Maples, various bars/rounds, 90% halfs and Mercury dimes all on the cheap. Honestly I would love to see Silver @ 10 and Gold @ 700. Then I`ll be buying with both hands.
http://www.tulving.com/goldbull.html#silver There is some physical buying during this selloff. Tulving is SOLD OUT of most of their silver inventory.
Silver is getting pwned. Down $2?? Talk about a bail out. Let all those gold and silver bugs buy into this. I find that amusing.
you don't have to be a silver bug to buy here...looks like a good trade to go long with a stop at or near the 12.30 low in Dec Silver.
It's been almost a year to the day since Ben cut the discount rate. I'm starting to think we may be on our way to test 11.0 where the last good leg up started.
thank you boys for covering those nasty shorts again now let's make sure you keep silver above $13 at least until the comex opens its pit session at 8:25am EST and the boys who need to sell and buy SLV have a chance not to faint at how low it will open at 9:30 am EST :eek:
http://seekingalpha.com/article/913...-demand-in-gold-silver-markets?source=d_email Thoughts on this?
governments hate gold since spiking prices reflect no confidence. somehow gasoline goes down 25 cents and people believe the oil crisis is past. curious that the US Mint runs at a profit but doesn't seem interested in increasing supply.
just after midnight EST, the evil commercial shorts tried to push silver below the friday low...looks like the market has rejected the attempt. i'm starting to sound like ted butler, lol. looks like i'm getting sucked into the 'silver fundamentalist' camp.