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Old 02-21-2011, 05:15 PM
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Silver at 34

Wow! Does anyone know what is causing the upward trend in silver in the last few days? (I am aware of the longer term trends). $34.00 an ounce! Wow!
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Old 02-21-2011, 05:18 PM
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Re: Silver at 34

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Originally Posted by ILG View Post
Wow! Does anyone know what is causing the upward trend in silver in the last few days? (I am aware of the longer term trends). $34.00 an ounce! Wow!
An expectation of the crash of the dollar. People are trading in their fiat money that they fully expect to be worthless for something that will hold it's value so they don't lose all of their wealth when the dollar loses it's value.
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Old 02-21-2011, 05:20 PM
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Re: Silver at 34

Yes, but has something triggered it more lately over the last few days?
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Old 02-21-2011, 05:21 PM
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Re: Silver at 34

I thought this thread was going to be about people going gray at a young age.
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Old 02-21-2011, 05:22 PM
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Re: Silver at 34

LOL!!
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Old 02-21-2011, 05:27 PM
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Re: Silver at 34

Hopefully, platinum will hold out too - - I've got some I'm wanting to sell.
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Old 02-21-2011, 08:42 PM
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Re: Silver at 34

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Yes, but has something triggered it more lately over the last few days?
I would imagine it has a lot to do with all of the upheaval in Egypt, Bahrain etc.
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Old 02-21-2011, 08:55 PM
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Re: Silver at 34

Maybe old George is manipulating the market
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Old 02-21-2011, 08:59 PM
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Re: Silver at 34

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Maybe old George is manipulating the market
Probably not.

But you can rest assured he is profiting from it.
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Old 02-21-2011, 09:21 PM
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Re: Silver at 34

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Originally Posted by Digging4Truth View Post
Probably not.

But you can rest assured he is profiting from it.
Now D4T that was a dirty jab! Let the guy rest a little!

Oh, wait. You meant Soros didn't you? Jab him all you want! lol

BT
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