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by Ashraf Laidi
Posted: May 6, 2011 23:09
Comments: 15
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This thread was started in response to the Article:

Another Bullish Argument for Metals?

Gold & silver may find a fresh source of bullishness from Eurozone debt concerns if the "Greece Exit" story bears weigh. And QE2 has yet to be extended.
 
 
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Woodster
North Vancouver, Canada
Posts: 2
13 years ago
Sep 16, 2011 5:54
Three years ago I told a young man who was an assistant manager of a major food market chain, I instructed the young man to buy as much silver mint coins he could afford. He bought 40 mint silver coins at $ 11.70 cn for each coin. As of today the spot price was $ 39.88 per coin. Not a bad return for his first investment in mint silver coins. Since his first investment he continues on a weekly basis to stock pile away more coins amounting to hundreds of coins into his banks safety deposit box and is well on his way to having at a minum something of value to barter with should times turn to the very worst. Remember....Silver is real money...not paper.
jw
toronto, Canada
Posts: 6
13 years ago
Jun 10, 2011 15:24
Bank of America = Worth less than toilet paper.

While BOA continues its collapsed you would think that metals prices would go up?

We no longer have true markets we have 21st century artifical markets.

In fact, Im going to start a brokerage firm called Artifical Markets ( AMFX)
jw
toronto, Canada
Posts: 6
13 years ago
Jun 9, 2011 14:04
If the securities dealers need to push the price of silver down to 20$ an ounce just to make delivery, than they will do so by using paper option contracts to control the markets. The free markets that once existed are no more. The markets now move in the best interest of the big banks and private institutions.

Think about it....While silver was about to reach 50$ an ounce and confirmed a technical uptrend. They collapsed it.
fxretracer
New Mexico, United States
Posts: 7
13 years ago
May 20, 2011 18:10
You know me Ashraif, I dont comment often...but when I do it usually counts: I agree with this article for the most part, but May is not over and I dont think we will see any new highs in Gold before Fall.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 9, 2011 21:00
@catOnip, Thanks, I will catch up with you on that one
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 9, 2011 20:56
Its only recently that silver trading has become rather popular as normally its kinda the imbecile brother of gold. You would be better advised to study gold. Buy Ashraf's book and google gold trading for more than you could read in a lifetime. I am tech trader so to me all charts are much the same from an analysis perspective.
Hocac
Cracow/Leuven, Poland
Posts: 2
13 years ago
May 9, 2011 18:47
@Dave0. Thank you for your answer. Is there tho a good source of info on trading silver that you would recommend ?
DaveO
UK
Posted Anonymously
13 years ago
May 9, 2011 17:53
@Hocac. you could research in the forum which is what it's there for. Its not very good for novice traders but I assume you have done much study and reading before attempting to trade silver. gl and gt.
Saka
China
Posted Anonymously
13 years ago
May 9, 2011 16:44
I have longed ej March when G7 intervention, but quited last thursday. I should have longed aj, aussie does have much stronger fundamental.
Hocac
Cracow/Leuven, Poland
Posts: 2
13 years ago
May 9, 2011 16:07
Hello Cat0nip, DaveO and Qiman, I have been trading silver for a while, well, less than 3 weeks though I was impressed by the gains that I was able to make in a short time, I had my account wiped out due to that sudden move which I don't know how I could have anticipated it, I thought I was following the trend and that we were heading back to 50. Anyhow, I was wondering if I could get in touch with you on skype or some messenger.

Cheers
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