Silver at 29 ,Bitcoin at 30. this is no-brainer..

[vssa]

One thing I like to keep in mind is watching the short term trend slope and seeing how many days at that rate of fall would the price go to $0.00.

Once you see that it is like 20 or 30 days at that rate...perhaps time to buy a little.

Just a thought.

Right now it is falling between 1.5$-2$ per day on avg in this rate it will reach 0.00% in 9 to 12 days...

[1715349578]

1715349578

[1715349578]

1715349578

[vssa]

Looks like bottom to me...



Buy silver at:https://www.goldsilverbitcoin.com/index.php?plugin=wafp&controller=links&action=redirect&l=6&a=vssa

[Frozenlock]

Looks like a falling knife to me.

[FiatKiller]

But it has also reached the support line from the last fall.  ;-)

[NewLiberty]

Dollar cost averaging for the win.

[molecular]

It is very nice to see the price goes down when you are waiting to buy but keep in mind that it is paper silver price the physical worth around 30 $ right now (check on ebay or at goldsilverbitcoin/amagi metals, bitcoin accepting vendors)

You are correct of course (although $30 is too high for physical worth. I could buy for $24.45 at my usually expensive local shop today)

My local dealer still uses the same (albeit high) margin.

Let's put it this way: at least a lower paper price still means a lower physical price.

I fully expect a disconnect of physical price from paper price as soon as there is a real shortage of physical, because who in his right mind would sell at spot + normal margin if he can get much more because of the shortage?

I don't see this happening yet, though, so I'm holding tight for the paper fuckers to slam the metals some more.

[FiatKiller]

What is really going on: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/6/25_Global_Chaos_Signals_World_Currency_System_Will_Be_Recast.html

[N12]

Aren't you in Germany? Considering VAT applies to silver, it's pretty much worthless to invest in it as opposed to gold, in my view.

[smoothie]

Looks like bottom to me...



Buy silver at:https://www.goldsilverbitcoin.com/index.php?plugin=wafp&controller=links&action=redirect&l=6&a=vssa

The difference is the time frame from top to current bottom. Price has fallen at a slower percent rate over time.

[molecular]

Aren't you in Germany? Considering VAT applies to silver, it's pretty much worthless to invest in it as opposed to gold, in my view.

7% VAT, yes.

Compare buying with 7% VAT today to buying 1-2 years ago with no VAT.

EDIT: It will be 19% VAT in germany on any type of silver starting 2014/1/1. Just decided by the crooks who rule us couple days ago.

[N12]

It's the full VAT here, but even with 7% I'd feel it's rigged against me. Perhaps Bitcoin has spoiled me? 0.8% premium for a kg of gold here btw, just checked. Lol @ paper divergence tinfoil hats.

[dozerz]

someone is launching the silver rocket

[Frozenlock]

Yup, I'll be able to place my shorts higher. 

[vssa]

Yup, I'll be able to place my shorts higher. 

LOL It is very funny 

[molecular]

Yup, I'll be able to place my shorts higher. 

that'll look awkward.

[jubalix]

it's doesn't work this way.

new tech completely replaces old tech.

eg boats, you don't see people going back to swimming or rafts,
planes, you don't see people going back to not flying
you don't see electrcity not replacing kerosene lamps

the store of wealth function of silver and gold are largely over with the advent on CC's

until you can tele-port gold, make it government proof, unseizble, untrackable, weigh almost nothing and unable to be manipulated, then get back to me.

[manfred]

Silver's function as a store of wealth has stopped a long time ago. Less than 5% of the silver is used for coins and bullion. It is the element with the highest electrical conductivity and the second most used commodity in modern times (behind oil).
It is needed daily. The more i need something the more i am willing to pay for it.
In the making of a bitcoin, silver is used. No bitcoin is needed to mine silver.

[NewLiberty]

it's doesn't work this way.

new tech completely replaces old tech.

eg boats, you don't see people going back to swimming or rafts,
planes, you don't see people going back to not flying
you don't see electrcity not replacing kerosene lamps

the store of wealth function of silver and gold are largely over with the advent on CC's

until you can tele-port gold, make it government proof, unseizble, untrackable, weigh almost nothing and unable to be manipulated, then get back to me.

None of these apply (except the weight) to CC either.

In fact, precious metal is far more anonymous than CC.  Think about it.

[RationalSpeculator]

A well-kept secret is that during Fall 2008, official graphs tell you that silver price tanked real bad. In fact, physical silver was the only asset that appreciated during the liquidity squeeze.

 

This was not true where I live. Agreed that physical silver was hard to get for the official prices of $10, after it collapsed from $20 in fall 2008. I'm pretty confident however that if you added say 20% over spot I would have gotten as much physical silver as I liked from the local dealers. So eventhough the premium on physical silver went up considerably indeed, the value of physical silver did drop hard during the liquidity crises of 2008.

I find it hard to believe that it was different where you live.

[rpietila]

A well-kept secret is that during Fall 2008, official graphs tell you that silver price tanked real bad. In fact, physical silver was the only asset that appreciated during the liquidity squeeze.

 

This was not true where I live. Agreed that physical silver was hard to get for the official prices of $10, after it collapsed from $20. I'm pretty confident however that if you added say 20% over spot I would have gotten as much physical silver as I liked from the local dealers. So eventhough the premium on physical silver went up considerably indeed, the value of physical silver did drop hard during the liquidity crises of 2008.

I find it hard to believe that it was different where you live.

I can only speak from my own experience, which was sufficiently elaborated above. Yes, the dollar price of 1oz physical did go down from the top value reached in early March, 2008, but ceased going down in the autumn, when the liquidity crisis hit. And then it started even going up, and was very difficult to get, all the same time that the paper silver was sagging and making new lows.

The gap closed the following year. By buying paper silver aggressively when few others believed that it will be honored, you could have made money.