$1400 $29

[phideaux]

(OK, $1399.80)

[livtocruz]

(OK, $1399.80)

$1397.50??

[ShirleyUGeste]

Damn, I can't wait for someone to start a thread that reads "$2500 $60"

[Sindgefallen]

Phideax you tease! You jinxed us!

[phideaux]

Phideax you tease! You jinxed us!

Even gold and silver need to exhale every once in a while.

[wjv]

$30 seems like a reasonable chance by the end of the month. .

Maybe higher; Maybe sooner;

[Sindgefallen]

I wish I had bought those options at 25$ an oz during the last pull back like I wanted to. I just have never played with calls before. Shucks!

[Ruprick]

The Future:

$1500 Gold : $33 Silver = 45:1 (perhaps this year yet...1Q 2011)

$1750 Gold : $40 Silver = 43.7:1 (within 2011)

$2000 Gold : $50 Silver = 40:1 (within 2012...perhaps as early as 4Q 2011)

$2500 Gold : $75 Silver = 33:1 (within 2013...perhaps even late 2012)

$4000 Gold : $200 Silver = 20:1 ??????

$5000 Gold : $330 Silver = 15:1 ??????

[Concours14]

I think the floor is settled at 28.50-ish. Maybe not, but these little pops upwards and then the breathers, the breathers are always a LITTLE higher and then onward. It's nickels and dimes, it's subtle, but it's always up. Thirty bucks and then more by 12-15 simply seems... plausible if not concrete. These Fokkers simply cannot print more Silver. No way. The FRN scam of the last couple years, a lot of it we didn't know about can't continue to snow physical holders. Red Hots, get your Red Hots!

[southfork]

(OK, $1399.80)

There is no doubt TPTB are protecting 1400 and 29 with reckless abandon, once they break its 1500 and 35 under assault, not if but when. It's not too late to top off your stash under 1400 and 30. It only gets better from here, the more they supress the larger the upward momentum will be.

[gpond]

The Future:

$1500 Gold : $33 Silver = 45:1 (perhaps this year yet...1Q 2011)

$1750 Gold : $40 Silver = 43.7:1 (within 2011)

$2000 Gold : $50 Silver = 40:1 (within 2012...perhaps as early as 4Q 2011)

$2500 Gold : $75 Silver = 33:1 (within 2013...perhaps even late 2012)

$4000 Gold : $200 Silver = 20:1 ??????

$5000 Gold : $330 Silver = 15:1 ??????

Yea, or Nay, I like the way you are thinking here. Plausible, too.

[Curtman]

Yea, or Nay, I like the way you are thinking here. Plausible, too.

$5000 Gold : $330 Silver = 15:1 ??????

$340
silver is real. And the signal.

[phideaux]

Sometimes markets need a couple of attempts to pass though the 'psychological resistance" at round numbers.

Maybe the unemployment report will do the trick.

[jimineez]

We are right on it this morning, looking good

[bemac]

Comfortably past $29 now.

[Argent Dragon]

We are right on it this morning, looking good

Dollar being 'flushed' helping out the metals this a.m.

<TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR bgColor=#ffffff><TD>USD

</TD><TD align=right>79.50

</TD><TD align=right>-0.76</TD></TR></TBODY></TABLE>

[Sheepdog]

over 1400 gold and over 29 silver!

[Sheepdog]

and still going up!

[dosman]

The bull market has been well worth the wait, in both excitement and money gained

[Sheepdog]

I wonder just what caused the leap at 8am?

[anywoundedduck]

I wonder just what caused the leap at 8am?

Media outlets are given the numbers 30 minutes before the official public release at 8:30. You don't suppose any of the media would take advantage in the market with that information? Do you?

[bemac]

As pointed out earlier, dollar dropping on the negative jobs report. That's bringing gains for PM's today.

[TomD]

Nobody knows where this is going, or the time frame anyway. Just over a year ago I won the "guess when gold closes over $975" contest, silver was in the $15's at the time. If you would have polled GIM the probability of these prices this soon, there wouldn't have been many takers.

I guess you can consider PM price to be a poll of sorts, the important kind of poll when you have money riding on it.

[curmudgeonista]

I wonder just what caused the leap at 8am?

Must have been Fido's post.

BTW, good call Phideaux!

[Sheepdog]

1417 and 29.42

oh I should have bought yesterday! and if I dont will I say it again tomorrow!

Is their a chance for a dip or correction soon?

[Bx3]

Is their a chance for a dip or correction soon?

Sure there is. Unfortunately the new lows on the next dip might not be much lower than current prices. Bx3

[ccjoe]

I sold 2 2009 opened MB'S ASE'S @ 29.40 + 1.75 premium=$31150 to APMEX.
The point is I really think FINALLY there will be a big dip since the USD plummeted today and silver hit its all time high except for the ephemeral 1980 aberration event. Then I'll buy back in and if si does not dip, I'll buy several thousand more kilos of cu.

[latemetal]

I picked up a "Christmas" generic round at $29.68 this morning, 50 cents over spot. I still can't believe I bought $29 silver.

[Zilver]

The Future:

$1500 Gold : $33 Silver = 45:1 (perhaps this year yet...1Q 2011)

$1750 Gold : $40 Silver = 43.7:1 (within 2011)

$2000 Gold : $50 Silver = 40:1 (within 2012...perhaps as early as 4Q 2011)

$2500 Gold : $75 Silver = 33:1 (within 2013...perhaps even late 2012)

$4000 Gold : $200 Silver = 20:1 ??????

$5000 Gold : $330 Silver = 15:1 ??????

bet most Gim'ers won't sell their precious even at $5000 Gold : $330 Silver

[dacrunch]

yepper... but puts a crimp on stacking now...

[321AU]

Ruprick this is my thinking too except I think we could be at the 5K level by 2013. Thanks for posting that.

The Future:

$1500 Gold : $33 Silver = 45:1 (perhaps this year yet...1Q 2011)

$1750 Gold : $40 Silver = 43.7:1 (within 2011)

$2000 Gold : $50 Silver = 40:1 (within 2012...perhaps as early as 4Q 2011)

$2500 Gold : $75 Silver = 33:1 (within 2013...perhaps even late 2012)

$4000 Gold : $200 Silver = 20:1 ??????

$5000 Gold : $330 Silver = 15:1 ??????