BTFD!!!

[Seraphim]

http://www.kitcosilver.com/

Practice what I preach.

Woke up this morning and saw a lovely birthday present.

Bought some silver when it was down 2.50$.

BTFD!!!!!

[Seraphim]

I really hope some of you with cash boguht yesterdays huge dip. If today is any indication, it is that there are many strong hands here at play.

If gold stays above 1720$, futures and leveraged contracts are likely to take off on the wildly bullish side of things.

When a market plunges like it did yesterday, rebounds up sharply and then holds those new gains - it's a bullish indicator. Long term investors usually add to their positions, but what sends it into overdrive are the leveraged speculators who enter to make some dough.

[Seraphim]

Silvers bounce today;

http://www.kitcosilver.com/charts/24hoursspot.html

Gold's lesser but still relevant bounce;

http://www.kitco.com/charts/popup/au24hr3day.html

Silver was a screaming deal yesterday.

Funny enough when I called the dealer and booked the price, I told him I'd pick it up the day after (which is today- and I did)...and he asked me to call back to book the price on the day of. I said no and got him to book the price then and there. It was as if he knew it would bounce up, lol.

I got it at the EXACT bottom. A bit lucky, but I'm pleased nonetheless.

[xFiFtyOnE]

I should have some cash by next friday...hope fricking silver isn't $40 by then.

[Seraphim]

Well it is 40$ to buy physical right now.

I should have some cash by next friday...hope fricking silver isn't $40 by then.

[tfurrh]

Where can you sell your silver for the full spot price?

[ronpaulfollower999]

Booo! I wanted sub $33.

[Hitman83]

I don't have the money to dump into gold, but is silver the next best thing to start with? Coins, bullion, something else? What's a good place to start learning about this stuff?

It also seems like I have to dig to find charts about precious metals (with as much history as possible). Is the OP website as good as I'm going to get?

Scratch that last part....I explored for one minute on that site and found some great historical info.

[ronpaulfollower999]

Kitco silver forums will probably more helpful in answering everyone's questions:

https://www.kitcomm.com/forumdisplay.php?f=8

Silver was my first PM inevestment. Eventually got into gold. I think the best advice for newbies is to spread out when you buy, that way you don't have to pay too much attention to the price. Ex: buy 10 ounces every other Friday. After a few months you'll get use to the crazy swings.

[youngbuck]

I don't have the money to dump into gold, but is silver the next best thing to start with? Coins, bullion, something else? What's a good place to start learning about this stuff?

It also seems like I have to dig to find charts about precious metals (with as much history as possible). Is the OP website as good as I'm going to get?

Scratch that last part....I explored for one minute on that site and found some great historical info.

apmex.com also has plenty of charts.