Silver Price Watch

[STKR]

Gold to Silver ratio is still 1:82 - we have a long way to go yet but we're off to a good start.

 

[ozcopper]

GSR NOW 80. Silver over $50 AUD.

 

[Silver Soul]

Nice breakout! About time

 

[Serial]

3 digits
That's what I want silver to be

 

[shinymetal]

3 digits
That's what I want silver to be

Every other precious metal is 4 digits.
3 is not enough.

 

[STKR]

Every other precious metal is 4 digits.
3 is not enough.

999 is acceptable

 

[alor]

 

[STKR]

I'm sold on the technical squiggle

 

[STKR]

Excited to see what tomorrow brings

 

[Silver Soul]

Silver at $50AUD could spark a similar 1980s run , but this time with an up to date internet, and media support that we didn't have back then. It could see a fast track to triple figures as past resistances a virtually non existant .... I'm wary of that $32 USD resistance and firmly believe it will come down and test it as a solid support. These days who knows with the BRICS play so many powerful countries wanting to jump in ! Very interesting times for silver.

 

[STKR]

Silver at $50AUD could spark a similar 1980s run , but this time with an up to date internet, and media support that we didn't have back then. It could see a fast track to triple figures as past resistances a virtually non existant .... I'm wary of that $32 USD resistance and firmly believe it will come down and test it as a solid support. These days who knows with the BRICS play so many powerful countries wanting to jump in ! Very interesting times for silver.

It was also weird to have silver price go up while the AUD/USD stayed still.

 

[Silver Soul]

At $50 AUD we are treding water without any floaties until we find new ground.

 

[STKR]

At $50 AUD we are treding water without any floaties until we find new ground.

Let's hope it's upstream somewhere and not over the waterfall

 

[Silver Soul]

I'm hearing you brother. The charts as you know are giving good signals fingers crossed and I hope the wallstreet whores have lost control of their shorts.

 

[Silver Soul]

If there is a breakout in USD silver to an all time high the Greenback is cooked. Toilet paper it will be.

 

[alor]

the deep pockets buyers would soon find out that they run out of space to store their newly purchased metal
they also find out that the suppliers are almost empty

 

[STKR]

Ticked over to $34 just now with no signs of slowing down.



ABC spot price at $51 and a Kilo of silver well into the $1700

 

[STKR]

If AUD/USD doesn't turn around from here, we could see it going even lower next month... Which is great for the POS in Aussie dollar terms.

 

[STKR]

And $51 it is!

 

[Silver Soul]

It will be interesting where the roof will be this time?