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Thread: Good chance of a big drop

  1. #21

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    Quote Originally Posted by mpetrovich1 View Post
    Will the French elections pull silver down further if Hollande is elected?

    I can potentially see people flee the Euro to the dollar, which in turn would raise the dollar, thus further supressing gold and silver. Wrong or right (plz correct me), what does everyone think about the French election this Sunday in regards to Silver price?

    Will a further drop occur Monday - the day after a Hollande (socialist) election victory?
    France could elect Marx himself and it not weigh on the Euro as much as Spain and her problems. I think this'll be the end of the EU (as we know it).

  2. #22

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    Nibbling here, 20% position.

  3. #23
    Join Date
    Oct 2011
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    Quote Originally Posted by Chrisadamley View Post
    Im curious as to why you wait for silver to drop first and THEN post a thread like this.....
    LOL!!!... as long as he bought at $29.7X?? then he is allowed...

    INCT

  4. #24

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    Quote Originally Posted by captainsilverton View Post
    LOL!!!... as long as he bought at $29.7X?? then he is allowed...
    I'm assuming you didn't read the post right below the one you LOL'ed at so I will quote it for you:

    Quote Originally Posted by HomerJ View Post
    1) Check post time. When I wrote the price was still steady and started dropping 15 or so minutes later.
    2) I didn't write JUST for today but as an outlook for the next few days.

  5. #25

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    Quote Originally Posted by HomerJ View Post
    Nibbling here, 20% position.
    Not a bad strategy. Similar to what I was thinking but I didn't pull the trigger.

  6. #26

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    february 2012, $35-37. Good chance of a big drop. Only that we didnt see the topics then. Price is since $5-7 down and they appear.
    Hum.
    the void

  7. #27

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    Quote Originally Posted by Lorian View Post
    february 2012, $35-37. Good chance of a big drop. Only that we didnt see the topics then. Price is since $5-7 down and they appear.
    Hum.
    If I understand your post correctly, my answer would be that I don;t spend all my days and nights here. Occasionally I will browse by and post some possible event that I see as possibility and I'll monitor it for a few days to answer questions.
    The only hand I hold is my wife's.

  8. #28

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    Adding another 20% here; there is still a chance of gold going down to 1525$ area and silver 26-27$ish but it may hold here as well.

  9. #29

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    I'm already in 40% and adding another 10%.
    This might just be the bottom, I normally won't go any deeper than 75%, all paper although Monster Box is looking might sexy.

  10. #30

    Default Let it drop!

    Look back at the charts for the last few jumps in silver prices...don't higher prices usually follow larger drops?

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