Silver Spiked over $27.00 Today

[jeff of pa]

http://forum.treasurenet.com/metals

 

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[mr_larry]

I've been trading one of the Silver ETFs, AGQ. It is a leveraged ETF that is designed to double the performance of silver. So if silver goes up by 5%, AGQ goes up 10%. It is basically silver on steroids. I'm holding 100 shares long and doing some day trades on it as well. Mind you, the pain is double on the downside as well.

It should also be noted that silver trades 24 hours a day and is up over $27 now. It traded as high as about $27.45 a little more than an hour ago.

 

[jeff of pa]

now that the cat is out the bag that
JPMorgan traders were
manipulating the silver market,
to keep it from following gold,
while making big bucks.

I Would think it should finally leap to where it should be.
Whatever that is
Unless somone else gets the guts to try.

http://www.financialpost.com/news/J...lver+market+informant+says/3799661/story.html

I wanna sell my silver coins.
But I'm afraid to.


6 months from now silver could
be at record Highs if I Do sell now

I'd like to see silver at $350
now that golds on its way to $1400

although I Think my "Majic" # for silver
is $100. Not sure I'd resist that

 

[FreedomUIC]

91 cents shy of $29.00 dollars right now. I think $100.00 silver in a couple of years is extremely possible but watch for the dip
that is coming in December or January. It will be a good time to buy more before it takes off again....