Whats going on with the silver price?

QLDSILVER · 2012-02-23 09:45:42

Anyone else seeing this price jump from 31.98 up and down to 32.21 in seconds. Not sure if my chart is right but there appears to be something going on. Its happened about 4 times now.

Anyone have an explanation?

hiho · 2012-02-23 09:53:06

redback dropped his change

justin536 · 2012-02-23 10:36:21

$35 by tonight

No1joey · 2012-02-23 11:03:43

hiho wrote:

redback dropped his change

Lol

Mr.G · 2012-02-23 13:20:23

justin536 wrote:

$35 by tonight

That would be quite alot of growth over the course of this week. Market closed at $33.20 last week so a $35 close tonight represents around a 5% gain.

Why do you think it will reach $35? Also, do you think it'll stay up ?

Mr.G

Earthjade · 2012-02-23 13:59:56

Silver options expiry is on the 24th, I believe.

justin536 · 2012-02-23 16:45:32

Mr.G wrote:

justin536 wrote:
$35 by tonight
That would be quite alot of growth over the course of this week. Market closed at $33.20 last week so a $35 close tonight represents around a 5% gain.
Why do you think it will reach $35? Also, do you think it'll stay up ?

Mr.G

i got over excited haha these prices are impossible to predict! i really dont have a professional opinion but wouldnt mind huge increase so i can sell then a huge drop to by again

phillis · 2012-02-23 17:18:22

my predictions is that its going to continue the way it is, or do something absolutely different.

BootyBandit · 2012-02-23 17:38:25

$29/oz end of week close

Au-mageddon · 2012-02-23 19:50:53

Think we all need to accept that the market is manipulated to all f.u.c.k ...

If the populus expect it to zig .. it will no doubt zag ... and some rich prick will get a little richer

IMO its better to ignore the blips and noise .. besides looking at the dips as opportunities to purchase more physical.
And look to hold long term - then the day to day price fluctuations are far less threatening.

Nukz · 2012-02-23 19:52:03

It just broke through its resistance level of 34.44 which its been trying to breakthrough for months the next stop should be around $36 could be time to go long.

Turk · 2012-02-23 23:00:45

Let's face it.

At uncertain times like this there is only one expert to talk to...

MR Retarded Monkey!

Mr.G · 2012-02-24 08:10:07

justin536 wrote:

$35 by tonight

All hail Justin the oracle !!!!!

That was a good call - How'd you know? Was your old arthritic knee a bit twitchy yesterday?

Mr.G

khalifa1 · 2012-02-24 08:58:59

Hey guys and gals this is my 1st post,

I have been learning a little about silver as an investment lately but one thing I am wondering is, aside from supply and demmand afffecting the price, what caused it to spike so suddenly in the 1980's? The the argument that governments will be printing more money around the world this year which will cause the price of bullion to rise does not really hold that strongly because when the US government injected billions of dollars into the economy after the GFC of late '08 the price of gold and silver did not increase that dramatically?

Any thoughts?

Thanks.:D

Jislizard · 2012-02-24 14:13:37

khalifa1 wrote:

what caused it to spike so suddenly in the 1980's?
Any thoughts?
Thanks.:D

http://answers.yahoo.com/question/index … 238AA8Lehq

and this

http://en.wikipedia.org/wiki/Nelson_Bunker_Hunt

Last edited by Jislizard (2012-02-24 14:14:27)

MetalMajix · 2012-02-28 08:50:44

GAME CHANGING EVENT IN SILVER

http://www.youtube.com/watch?feature=pl … hL9ByWIsIE

Silver Stackers

#1 2012-02-23 09:45:42

Whats going on with the silver price?

#2 2012-02-23 09:53:06

Re: Whats going on with the silver price?

#3 2012-02-23 10:36:21

Re: Whats going on with the silver price?

#4 2012-02-23 11:03:43

Re: Whats going on with the silver price?

#5 2012-02-23 13:20:23

Re: Whats going on with the silver price?

#6 2012-02-23 13:59:56

Re: Whats going on with the silver price?

#7 2012-02-23 16:45:32

Re: Whats going on with the silver price?

#8 2012-02-23 17:18:22

Re: Whats going on with the silver price?

#9 2012-02-23 17:38:25

Re: Whats going on with the silver price?

#10 2012-02-23 19:50:53

Re: Whats going on with the silver price?

#11 2012-02-23 19:52:03

Re: Whats going on with the silver price?

#12 2012-02-23 23:00:45

Re: Whats going on with the silver price?

#13 2012-02-24 08:10:07

Re: Whats going on with the silver price?

#14 2012-02-24 08:58:59

Re: Whats going on with the silver price?

#15 2012-02-24 14:13:37

Re: Whats going on with the silver price?

#16 2012-02-28 08:50:44

Re: Whats going on with the silver price?

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