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+----- Thread: Silver Drops Like a Rock (/thread-629649.html)
Silver Drops Like a Rock - Dirty Ernie - 04-15-2013 10:25 AM
When we checked on this just a few days ago the spot sell price of bullion silver was at $27.37 per ounce.
As I write this, sell price is at $23.26.
If you are considering getting a position in silver, now might be the time to stick your toe in the water.
ChipDip states $40.00 silver was out there not that long ago. At $23.26 it is approaching half price.
RE: Silver Drops Like a Rock - Chipdip - 04-15-2013 10:32 AM
Another buying opportunity. When the market tanks, and it will, metals will blow up.
Report out of China this morning says their economy is growing slower than anticipated there are fears that China and India will stop buying gold (which has helped keep the price high). Market dropped like a rock when it opened but it's starting to recover.
RE: Silver Drops Like a Rock - Chipdip - 04-15-2013 10:40 AM
This begs the question, will the 12 morons on "Gold Rush" have to give up mining in Alaska because the price of gold won't cover their costs?
RE: Silver Drops Like a Rock - PezKing - 04-15-2013 01:44 PM
God i hope not
RE: Silver Drops Like a Rock - Dirty Ernie - 04-15-2013 04:37 PM
Closed at $22.65.
Grease up the checkbook. Opportunity knocks.
Buy a hundred oz stacker bar.
If it goes down to $20.00, buy another one to dollar average.
Sell 200 oz in a couple years at $35 and net a cool $3800.
Take it to Vegas and blow it on a leggy European type.
Woo hoo.
RE: Silver Drops Like a Rock - Hiller4Hyz09 - 04-16-2013 12:11 PM
I'm glad GBL didn't start this thread. Silver Laku is still kickin.
RE: Silver Drops Like a Rock - Dirty Ernie - 04-16-2013 03:28 PM
If you didn't buy yesterday, you missed the low.
Closed at $23.56 today.
Ya snooze, ya lose.
Kiss the leggy blonde bye bye.