Is Silver next?

[Mij]

It's started going down now.

View attachment 381059View attachment 381060

OK, I looked as soon as the announcement was over. And at that time the markets were not going south. I now see they are all trending downward.

Glad I sold those fats a few weeks ago. And of course this is going to effect corn n beans, rite now when harvest is starting. I rarely time any market correctly, guess even a blind pig finds an acorn now and then.

 

[55fairlane]

Costco had (has?) These 10 oz bars for 309.99 no premium got this one on Sunday.

 

[Mij]

Surprised, both gold and silver up on the day. 3.70 gold. .28 cents sil.

 

[DoggyDaddy]

Yeah, yesterday's dip was short-lived...

 

[DoggyDaddy]

Up, up and away...

 

[foszoe]

I think it will drop today. Are yall trading or buying by the ounce?

 

[DoggyDaddy]

I think it will drop today. Are yall trading or buying by the ounce?

I've been buying. Haven't done any trading so far. Not buying right now though.

 

[foszoe]

Costco is selling gold and silver.

 

[snorko]

I've been planning on selling a decent amount of silver to shift into other assets but now I want to see if / where it settles for now. Looking at some charts, silver was last in this range in +/-January 2013. Gold then was around $1,680 with a ratio of 53:1. So either gold is way over priced or silver should be $45-$50/oz.

 

[miguel]

Costco had (has?) These 10 oz bars for 309.99 no premium got this one on Sunday. View attachment 381153

Ft Wayne?

 

[Mij]

I've been planning on selling a decent amount of silver to shift into other assets but now I want to see if / where it settles for now. Looking at some charts, silver was last in this range in +/-January 2013. Gold then was around $1,680 with a ratio of 53:1. So either gold is way over priced or silver should be $45-$50/oz.

Now yer learning.

Both are being artificially manipulated, gold should be over 10,000 and sil should be over 200. Just my opinion though. They are two totally different commodities used for different things. They should not have any relationship.

Anyone look at the market as it stands now? Gold over 2600. Sil over 31.

 

[55fairlane]

Ft Wayne?

Yes sir and they had plenty Sunday was 309.99 no premium

 

[miguel]

Costco is selling gold and silver.

 

[Magyars]

I think it will drop today. Are yall trading or buying by the ounce?

Holding

 

[foszoe]

Holding

I don't really consider myself a trader. I bought all my silver in the 16-18 range and have thought it might be worth selling some....then again I almost bought some at costco. I am too wishy washy.