Poll: Correction Time?

Please put all polls here.

Correction time?

Poll ended at Tue Apr 26, 2011

Yes
23
64%
No
13
36%
 
Total votes: 36

User avatar
MasterBlaster
Silver Supporter
Posts: 6060
Joined: Sun Sep 27, 2009
Location: "Live Free Or Die"

Re: Poll: Correction Time?

Postby MasterBlaster » Tue Apr 26, 2011

kensho52 wrote:
MasterBlaster wrote:when the US Dollar Index fell below 74 the Plunge Protection Team, after a long layoff, got into the game and rallied the dollar but have no fear it's falling once again....



The PPT....now that's a blast from the past...

I don't think I've heard it mentioned here before :)

I don't deny its existence. I think this could be a short squeeze of sorts. Somebody somewhere has demanded a lot of physical for delivery.

here we go...dollar index back down below 74 and gold up $10 and silver up $1.00.. :)
Image ImageImage

User avatar
GoldGoldandGold
Dunce
Posts: 3773
Joined: Tue Jul 07, 2009
Location: Bay Area

Re: Poll: Correction Time?

Postby GoldGoldandGold » Tue Apr 26, 2011

melhen26 wrote:
Silver Spike wrote:I think it will drop to the lower 40's and start a gradual climb to 75 by the end of the year. The prices were just rising way to fast in a short period of time. The fact that AMPEX is publicly begging for people to sell to them is a sign that this will be short lived and back up the ladder. As stated earlier, the condition of the US and the world economy hasn't changed for the better so buckle up for the ride. That's just my wild donkey guess.

ditto

:lol: :lol: :lol:

finally
I do accept free gold

User avatar
GoldGoldandGold
Dunce
Posts: 3773
Joined: Tue Jul 07, 2009
Location: Bay Area

Re: Poll: Correction Time?

Postby GoldGoldandGold » Tue May 03, 2011

Well 64% people have been right....

If silver goes below 39, we enter reversal IMO

Anyone buying anything on this almost 18% decline in the last 2 -3 days?
I do accept free gold

User avatar
mtforpar
Posts: 5771
Joined: Sun Jul 19, 2009
Location: Florida

Re: Poll: Correction Time?

Postby mtforpar » Tue May 03, 2011

When you say "reversal" what do you mean?
Take advantage of Mr Rebates and get cash back on tons of Internet purchases. It works, it really works!!! Hit the link below and you are on your way and you will also receive a $5 bonus for signing up.

http://www.mrrebates.com?refid=395845

Don't miss out on Free Cash for everyday purchases.

User avatar
GoldGoldandGold
Dunce
Posts: 3773
Joined: Tue Jul 07, 2009
Location: Bay Area

Re: Poll: Correction Time?

Postby GoldGoldandGold » Tue May 03, 2011

mtforpar wrote:When you say "reversal" what do you mean?


GSR reversal

From 31 (lowest during both metal peaks) back to about 50-60 (during the most consistent period)
I do accept free gold

User avatar
mtforpar
Posts: 5771
Joined: Sun Jul 19, 2009
Location: Florida

Re: Poll: Correction Time?

Postby mtforpar » Tue May 03, 2011

Who could see that coming? :roll:
Take advantage of Mr Rebates and get cash back on tons of Internet purchases. It works, it really works!!! Hit the link below and you are on your way and you will also receive a $5 bonus for signing up.

http://www.mrrebates.com?refid=395845

Don't miss out on Free Cash for everyday purchases.

User avatar
GoldGoldandGold
Dunce
Posts: 3773
Joined: Tue Jul 07, 2009
Location: Bay Area

Re: Poll: Correction Time?

Postby GoldGoldandGold » Tue May 03, 2011

mtforpar wrote:Who could see that coming? :roll:


I am not alone on this

Read WSJ for past Friday

and read

http://www.thestreet.com/story/11103387 ... pside.html

Not saying it will happen, but it should. It is going to be easy for industries to find replacement for silver if silver keeps going up up and away.

I for one hope it comes to a stable ratio where things does not look like it is out of whack
I do accept free gold

User avatar
BoxofGold
Platinum Supporter
Posts: 3800
Joined: Mon Aug 23, 2010
Location: Land Massissippi

Re: Poll: Correction Time?

Postby BoxofGold » Tue May 03, 2011

goldgoldandgold wrote:Anyone buying anything on this almost 18% decline in the last 2 -3 days?


Smallish buys here and there but nothing big. Things seem to be moving fairly well in the B/S/T thread.
Image ImageImage Image Image

User avatar
Ilovesilver97
Turtle Supporter
Posts: 1859
Joined: Sun Apr 25, 2010
Location: ATL

Re: Poll: Correction Time?

Postby Ilovesilver97 » Tue May 03, 2011

BoxofGold wrote:
goldgoldandgold wrote:Anyone buying anything on this almost 18% decline in the last 2 -3 days?


Smallish buys here and there but nothing big. Things seem to be moving fairly well in the B/S/T thread.


Bought 155.00 fv 90% today.. Does that count hehehe
Looking for 1998/1999 2 or 5oz PROOF libertads and ALL GOLD PROOF libertads any size or sets.

ImageImageImage

User avatar
Mirkkanen
Posts: 2843
Joined: Sat Dec 04, 2010
Location: Bay Area, CA

Re: Poll: Correction Time?

Postby Mirkkanen » Tue May 03, 2011

I just bought many 10 oz bars of silver from my LCS. If Agphillic is right about this buy point only being a stop on the way down to the $34 destination, I better get some more FRNs available quickly!

Might have to sell my son. Gonna keep the dog.
Shipping to the USA only.

User avatar
silverdude
Posts: 389
Joined: Thu Oct 07, 2010
Location: East Texas

Re: Poll: Correction Time?

Postby silverdude » Tue May 03, 2011

Mirkkanen wrote:I just bought many 10 oz bars of silver from my LCS. If Agphillic is right about this buy point only being a stop on the way down to the $34 destination, I better get some more FRNs available quickly!

Might have to sell my son. Gonna keep the dog.


How much for your son? My wife just handed me my honeydo list.
:o :shock: ;)
Image

User avatar
GoldGoldandGold
Dunce
Posts: 3773
Joined: Tue Jul 07, 2009
Location: Bay Area

Re: Poll: Correction Time?

Postby GoldGoldandGold » Tue May 03, 2011

silverdude wrote:
Mirkkanen wrote:I just bought many 10 oz bars of silver from my LCS. If Agphillic is right about this buy point only being a stop on the way down to the $34 destination, I better get some more FRNs available quickly!

Might have to sell my son. Gonna keep the dog.


How much for your son? My wife just handed me my honeydo list.
:o :shock: ;)

:lol: :lol:
I do accept free gold

User avatar
Mirkkanen
Posts: 2843
Joined: Sat Dec 04, 2010
Location: Bay Area, CA

Re: Poll: Correction Time?

Postby Mirkkanen » Tue May 03, 2011

He is barely a C student, I'd say he's worth about 300 oz of silver right now. According to Mike Maloney, you'd only have to acquire another son worth 200 oz of silver, and in a few years, you'll be able to trade them for a house!

If you're serious about buying my son, let's continue this via PM.
Shipping to the USA only.

User avatar
silverdude
Posts: 389
Joined: Thu Oct 07, 2010
Location: East Texas

Re: Poll: Correction Time?

Postby silverdude » Tue May 03, 2011

Mirkkanen wrote:He is barely a C student, I'd say he's worth about 300 oz of silver right now. According to Mike Maloney, you'd only have to acquire another son worth 200 oz of silver, and in a few years, you'll be able to trade them for a house!

If you're serious about buying my son, let's continue this via PM.

:lol:
Image

User avatar
GoldGoldandGold
Dunce
Posts: 3773
Joined: Tue Jul 07, 2009
Location: Bay Area

Re: Poll: Correction Time?

Postby GoldGoldandGold » Tue May 03, 2011

Where is melhen? Havent seen him jump for 3 days now.

Come on Melhen - these drops happen. Its temporary :lol: :lol:

Cheer up :D
I do accept free gold

User avatar
lomalu
Gold Supporter
Posts: 2878
Joined: Wed Dec 16, 2009
Location: Oregon

Re: Poll: Correction Time?

Postby lomalu » Tue May 03, 2011

goldgoldandgold wrote:Where is melhen? Havent seen him jump for 3 days now.

Come on Melhen - these drops happen. Its temporary :lol: :lol:

Cheer up :D

You were right :? Last 2 purchases were up there :cry: Damn climb had me all screwed up,I didn't know what to do! That, and hearing comex bought out the "morgan group's" contracts for over 50 an oz when spot was in the 30's had me thinking it would continue to God knows where! Ah, waddaya gonna do, take your beatin like a man and move on ;)
Image Image Image
formerly known as melhen26

User avatar
Texasherb
Posts: 1103
Joined: Wed Aug 25, 2010

Re: Poll: Correction Time?

Postby Texasherb » Tue May 03, 2011

I purchased some silver and gold in the last few days. Plus i purchased a few collector coins from ebay and gulp apmex(i am sorry, i never thought i would buy from them but they had some things i wanted so i didn't care much about price. Anyway, i will probably wait a little while and see how things shake out. However, i will be still buying as it goes down just like i purchased as it went up. It will still be worth more years from now IMO. Herb
PS: heck i lost more on women and racing than PM's! :lol:

User avatar
mtforpar
Posts: 5771
Joined: Sun Jul 19, 2009
Location: Florida

Re: Poll: Correction Time?

Postby mtforpar » Tue May 03, 2011

That is so true Herb. If you spend $50 on an ounce of silver and it goes to $30, you still have $30. Hell, I have spent $30 on one tee box before pumping golf balls into a lake I just knew I could carry. :( :( :( :( :(
Take advantage of Mr Rebates and get cash back on tons of Internet purchases. It works, it really works!!! Hit the link below and you are on your way and you will also receive a $5 bonus for signing up.

http://www.mrrebates.com?refid=395845

Don't miss out on Free Cash for everyday purchases.

User avatar
b4/Vj()z
Gold Jester
Posts: 5327
Joined: Mon Dec 06, 2010
Location: Santa Maria, CA area

Re: Poll: Correction Time?

Postby b4/Vj()z » Wed May 04, 2011

Ilovesilver97 wrote:
BoxofGold wrote:
goldgoldandgold wrote:Anyone buying anything on this almost 18% decline in the last 2 -3 days?


I just bought a 100 oz J-M silver bar from Gainesville, and twenty Mexican 50-pesos from Tulving.
I'm looking for plenty more, folks, so whatcha got?
Socialism – ideas so good, they have to be mandatory
Image
Image Image

User avatar
b4/Vj()z
Gold Jester
Posts: 5327
Joined: Mon Dec 06, 2010
Location: Santa Maria, CA area

Re: Poll: Correction Time?

Postby b4/Vj()z » Wed May 04, 2011

Mirkkanen wrote: If you're serious about buying my son, let's continue this via PM.


How much are you asking for that little b_st___d????????
Socialism – ideas so good, they have to be mandatory
Image
Image Image


Return to “Polling Place”

Who is online

Users browsing this forum: No registered users and 1 guest