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Post by radar on Sept 2, 2014 9:34:05 GMT -5
Today may be the day, Platy!
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Post by platy on Sept 2, 2014 10:15:39 GMT -5
I could see silver falling as low as 18.80 and gold to 1244, so we may not be there yet. But I re-entered silver today and will stick it out even if it gets that low.
I'm getting a lot of flack on twitter for being bullish. I guess this is a good sign?
We're moving this week so I won't be around much.
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Post by daniel on Sept 2, 2014 10:34:46 GMT -5
Today may be the day, Platy! I certainly hope so!! But I do not like the cycle guys view on things?? (I like it when they are in line as well.....but maybe this bull is throwing everyone off) |
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Post by brad949 on Sept 2, 2014 11:30:19 GMT -5
Today may be the day, Platy! I certainly hope so!! But I do not like the cycle guys view on things?? (I like it when they are in line as well.....but maybe this bull is throwing everyone off) After watching them (cycle guys) over the last few years, I wouldn't put any reliance on their calls at this point. We are in a long term bottoming process where you can either add on weakness (what I'm doing) or wait until the bull trend clearly re-emerges. I just don't see much downside at this point given the cost of production. A plunge below $1,100 is possible, but it would be quickly recovered IMHO. If that happens, it may be impossible to buy near the low unless you have limit orders and it occurs during normal trading hours that you have access to. |
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Post by daniel on Sept 2, 2014 13:15:21 GMT -5
I get the feeling Rick Rule will be right! PM's are a wonderful buy but this bottoming process will be a grinding rounding bottom!!
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Post by daniel on Sept 2, 2014 13:21:32 GMT -5
BUT... just because I think that should mean PM's head north in a hurry!!! LOL If my personal sentiment index is any gauge we are close to a bottom or have found it already??
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Post by radar on Sept 2, 2014 13:40:39 GMT -5
Very soon we can all hold hands and sing Kum By Yhah (however you spell it!)
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