ukdavec Posted November 14, 2007 Report Share Posted November 14, 2007 Guess who said this?: Silver has just made an Upside Breakout above $15/oz. Trader Rog?? Link to comment Share on other sites More sharing options...
Steve Netwriter Posted November 20, 2007 Report Share Posted November 20, 2007 Silver has dropped to £6.89/oz. Has been up around £7.40 (about 7.4% down) So, how much further is it going to fall ? Please tell me precisely when to buy Link to comment Share on other sites More sharing options...
GatheringStorm Posted November 23, 2007 Report Share Posted November 23, 2007 Hochschild Mining(HOC) Some of the Directors have been selling. Don't like to see that. I think it is due a rest, been overbought for a while. 13-Nov-07 Sell Roberto Dañino 440.00p 1,725,000 £7,590,000.16 13-Nov-07 Sell Alberto Beeck 440.00p 8,500,000 £37,400,000.81 They sold too cheap! 497p now. I think this stock can smell a silver break out in the offing. Link to comment Share on other sites More sharing options...
krucial Posted November 28, 2007 Report Share Posted November 28, 2007 Outlook still seems bullish for silver. Anyone use the link below: http://www.technicalindicators.com/silver.htm Link to comment Share on other sites More sharing options...
Steve Netwriter Posted November 29, 2007 Report Share Posted November 29, 2007 I have. I've also used: COMMITMENT OF TRADERS REPORT SUMMARY - SILVER http://www.technicalindicators.com/silvcotreport.htm and http://www.softwarenorth.net/cot/current/charts/SI.png I tend to look more long term, and what I've read suggest to me that silver will follow gold up. I think this is my favourite article on Silver: Why Silver Is Lagging the Gold Bull Market http://www.marketoracle.co.uk/Article2577.html Steve Link to comment Share on other sites More sharing options...
Yogi Posted November 29, 2007 Report Share Posted November 29, 2007 I'm long Silver. Mid-to-long term trade. Willing it to go down so I can load up more at lower risk (which means it probably won't). I actually got in when it last plunged down to $11, but lost my nerve too early and took profits at $13-$14. Now back in from $14.50, and looking to try more of a "hold and accumulate on dips" approach, at least until we get the next major leg up to $20. What are everyones' thoughts on the worst-case downside? It sprang back so powerfully off $11 last time, and gold has come so much further since, that I'm thinking $12ish, but I wouldn't bet the farm on it. Link to comment Share on other sites More sharing options...
krucial Posted November 29, 2007 Report Share Posted November 29, 2007 I'm long on silver also (PHAG), I picked up some whilst getting more gold. There is some chance of prices rocketing suddenly so I'm not too worried if I don't pick the exact bottom. I'm happier for my money to be in gold or silver then sterling! More from marketoracle: http://www.marketoracle.co.uk/Article2917.html Link to comment Share on other sites More sharing options...
mwtb Posted January 10, 2008 Report Share Posted January 10, 2008 Hochschild Mining(HOC) Some of the Directors have been selling. Don't like to see that. I think it is due a rest, been overbought for a while. 13-Nov-07 Sell Roberto Dañino 440.00p 1,725,000 £7,590,000.16 13-Nov-07 Sell Alberto Beeck 440.00p 8,500,000 £37,400,000.81 So, this took a dive a couple of days ago. I'm looking at getting into some mining stocks (I'm already in silver with PHAG ETF). Is this now cheap, or dodgy? Link to comment Share on other sites More sharing options...
mwtb Posted January 11, 2008 Report Share Posted January 11, 2008 So, this took a dive a couple of days ago. I'm looking at getting into some mining stocks (I'm already in silver with PHAG ETF). Is this now cheap, or dodgy? After reading up on the reasons behind the slump, I judged it cheap (Concerns that they have no contracts and are only going to get market price for metals... in an apparent bull market? Hardly reason to wipe a quarter of the value of the company) and bought in as soon as I could this morning. So far, the market seems to agree with me, as it's up nearly 14% today. Link to comment Share on other sites More sharing options...
frizzers Posted January 14, 2008 Author Report Share Posted January 14, 2008 here is a link to David Morgan's latest: http://www.silver-investor.com/davidmorgan...allpackages.pdf Link to comment Share on other sites More sharing options...
frizzers Posted February 10, 2008 Author Report Share Posted February 10, 2008 Gold:Silver ratio has broken out. (The wrong ay for silver bugs). Link to comment Share on other sites More sharing options...
kwheelock Posted February 22, 2008 Report Share Posted February 22, 2008 Anyone know when and where Silvercapital will be listing? Looks an interesting way of investing in silver. Link to comment Share on other sites More sharing options...
silverharp Posted February 24, 2008 Report Share Posted February 24, 2008 http://futures.tradingcharts.com/cotcharts/SI clearer chart here but you will have to reset details http://timingcharts.com/index.php the COT is not looking good, the commercials are really short now Link to comment Share on other sites More sharing options...
Maximilian Posted February 26, 2008 Report Share Posted February 26, 2008 I am just not on board with silver (or gold for that matter). Silver has an actual use, unlike gold; but, real useful demand just isn't growing much. Industrial use is growing, but nothing like one would expect with ChIndia and others coming on line. The photographic demand is on it's way to zero. I just don't know. The real demand is being driven by the ETFs. Is that "real" demand? I guess that depends on the way you look at it. If the world decides (or is convinced) that silver is in short supply and that global demand is "far outstripping supply" (keep hearing that but can't find the fundies to support the statement) I guess it will be a self fulfilling prophecy. This seems to be the case so far, at least the run from $12-$15. In that case, maybe traders can whip silver into a lather up to $_____? Don't get me wrong, I'll jump on that bandwagon for profit. Can anyone provide a clear picture of silver demand vs. production, excluding net implied investment?? Again, I just don't see it. The same goes for gold really. If the population of India ever realizes that gold jewelry is....uh, shall we say very 1980..... and also not the ideal method of storing one's wealth.....then what is the demand, and thus value of/for gold?? I'm thinking $500 maximum, but that's just where I am at the moment. Maybe I can be educated further on the subject. Link to comment Share on other sites More sharing options...
Steve Netwriter Posted February 26, 2008 Report Share Posted February 26, 2008 IMO you're thinking about this all wrong. Gold & silver are not commodities. They are not copper or iron ore or wheat. It's not about supply and consumption. It's about scarcity and characteristics. It's not about what uses they have. It's all about this: I'll spare you the 'goldbugs' bit about which is the oldest currency, currencies don't last, and all that. All you really need to know is that gold (and silver) have and are used as currencies. Then all you need to do is ponder which currencies will do best from now. I'll give you a choice: US$, Euro, GBP, JPY, Aus$, NZ$, Gold, Silver. If you know what the M3 growth is for the top 20 economies, and compare it with the growth in quantity of gold and silver, I think you'll get the right answer Try these. I think the arguments for silver are similar to those for gold. FUNDAMENTAL REASONS TO OWN GOLD BY: JOHN EMBRY, CHIEF INVESTMENT STRATEGIST OF SPROTT ASSET MANAGEMENT INC. & SPROTT GOLD AND PRECIOUS MINERALS FUND. http://www.sprott.com/pdf/reasons_to_own_gold.pdf This is a very long but very informative read about gold. http://www.gata.org/files/RedburnPartnersG..._11-12-2007.pdf Steve Link to comment Share on other sites More sharing options...
Steve Netwriter Posted February 26, 2008 Report Share Posted February 26, 2008 Here you go, one on silver: Why the silver price is set to soar http://www.moneyweek.com/file/28810/why-th...et-to-soar.html Link to comment Share on other sites More sharing options...
munsterkings Posted February 26, 2008 Report Share Posted February 26, 2008 Here you go, one on silver: Why the silver price is set to soar http://www.moneyweek.com/file/28810/why-th...et-to-soar.html I do tend to agree in general, but the article was from last April, and we've moved since then http://www.cstcharts.com/cgi-bin/chartge.pl?si.m MunsterK Link to comment Share on other sites More sharing options...
Steve Netwriter Posted February 27, 2008 Report Share Posted February 27, 2008 We certainly have !!!! And still rising today Link to comment Share on other sites More sharing options...
Gatesy Posted February 27, 2008 Report Share Posted February 27, 2008 Anyone think we're in for some sort of horrible correction today/this week? Link to comment Share on other sites More sharing options...
Tune2001 Posted February 27, 2008 Report Share Posted February 27, 2008 Anyone think we're in for some sort of horrible correction today/this week? Akk! - don't say that! After building a nice position in gold and gold shares over the last couple of years I started on my silver 'collection' last week thanks to a bit of a windfall from work. If you read the chart thread in the main forum you'll see we may well be on the precipice of large moves in commodities. Let's hope this is the start of a considerable leg-up in silver. Something in the order of magnitude I've seen since starting to buy gold in Nov 05 would be very welcome indeed! Link to comment Share on other sites More sharing options...
Steve Netwriter Posted February 27, 2008 Report Share Posted February 27, 2008 Anyone think we're in for some sort of horrible correction today/this week? I think we might be in for exactly the opposite. If the demand overwhelms the shorts, it could go ballistic. A correction would be good though. Link to comment Share on other sites More sharing options...
Gatesy Posted February 27, 2008 Report Share Posted February 27, 2008 Yeah, just looking at the shape of the april 06 up spike compared to the last week (The last 18 hours have been quite something). I appreciate today is obviously a whole different scenario though. I think the fall between May 06 and Jun 06 had something to do with unsustainable prices caused by the Silver ETF buying in Apr 06. Link to comment Share on other sites More sharing options...
Maximilian Posted February 27, 2008 Report Share Posted February 27, 2008 IMO you're thinking about this all wrong. Gold & silver are not commodities. They are not copper or iron ore or wheat. It's not about supply and consumption. It's about scarcity and characteristics. It's not about what uses they have. It's all about this: I'll spare you the 'goldbugs' bit about which is the oldest currency, currencies don't last, and all that. All you really need to know is that gold (and silver) have and are used as currencies. Then all you need to do is ponder which currencies will do best from now. I'll give you a choice: US$, Euro, GBP, JPY, Aus$, NZ$, Gold, Silver. If you know what the M3 growth is for the top 20 economies, and compare it with the growth in quantity of gold and silver, I think you'll get the right answer Try these. I think the arguments for silver are similar to those for gold. FUNDAMENTAL REASONS TO OWN GOLD BY: JOHN EMBRY, CHIEF INVESTMENT STRATEGIST OF SPROTT ASSET MANAGEMENT INC. & SPROTT GOLD AND PRECIOUS MINERALS FUND. http://www.sprott.com/pdf/reasons_to_own_gold.pdf This is a very long but very informative read about gold. http://www.gata.org/files/RedburnPartnersG..._11-12-2007.pdf Steve Thanks. Good perspective. It's true that I usually attempt to utilitize things, even pm. My problem is, at the end of the day, I look for utility. Scarcity and durability does little for ME, without UTILITY. I'm trying to come up with another item that is both scarce and durable....but not considered valuable by society. If I lose my job, can I eat pm? Can I run my car on pm? Can I cure an illness with pm? Of course, fiat can only do these things because they are generally accepted as repayment of debt. PM is not. Okay, having said all that, reality is what it is. The world tends to value pms, that's the bottom line. I understand your argument, for sure. I do agree. PM can't be expanded/inflated like currencies can; and so, at the end of the day, I'd rather have it than fiat. By the way, I'm long of silver and enjoying the movements yesterday and today. Let's see what Ben is saying.... Link to comment Share on other sites More sharing options...
Maximilian Posted February 27, 2008 Report Share Posted February 27, 2008 Here you go, one on silver: Why the silver price is set to soar http://www.moneyweek.com/file/28810/why-th...et-to-soar.html Great piece. Thanks. I'll give it a good read when Uncle Ben is done talking. Link to comment Share on other sites More sharing options...
ryscott88 Posted February 27, 2008 Report Share Posted February 27, 2008 I'm not sure if it has been mentioned yet... If not, Take a look at PAAS (US nasdaq) From my analysis (Fibo with longer term ABC structure), 102030, MACD, DMA), it looks as if there is still steam left in this stock. To brag a little, I got in this a while ago at 34, so I have my stops set in case retracement is huge, but im still bullish, especially due to the facts that 1) dollar is losing momentum 2) precious metals are an inflation hedge sorry to diverge from the thread title, however, gold stock UXG is set to make a move. in fact im so confident in uxg, that i have made it my largest position. even tom o'brien agrees Link to comment Share on other sites More sharing options...
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