I'm pretty sure I gave my exact thoughts with levels earlier in the thread, esp about which direction I felt the market would go.

I have 15K to invest and withdraw 1 year from now, not too concerned with what happens to it, would like to just make an easy buck. I know essentially nothing about trading.

Can I just stick it into SLV at 34 and take it out in a year at 40-50 or whatever it is - or should I avoid SLV because of sketchiness factor?

i dunno but if you find out, let me know. i'd love to make a 50% ROI just sitting back and tugging it for a year.

How will this affect silver?

http://www.washingtonpost.com/busine...G9G_story.html

The most important thing they accomplished, imo, is the removal of state capital gains taxes on precious metals sales. This will encourage more people to purchase metals, and the more states that pass such legislation, the higher the pressure on the Feds to lift capital gains taxes on precious metals, which is something Ron Paul has been pushing hard for.

Silver breaks $36 on falling dollar

1 year is not enough of a long term for slv imo.at least not without some planning and investigating.

azoo, you going to present reasons for your case or you just throwing that out there?

How has slv done in the last two years, if you put money in say august 20th the last two years? 35%+ return by December both years?

If you wanna stick in it slv and not watch it for a year, I'd wait until these guys get back from the hamptons in august. Metals seasonally are not that hot during the summer months. Don't get me wrong bulls, my last trade post here was long 34spot (33SLV) and I told my friends to jump on the ship then and we are gonna get paid by WSOP ME.

Prob gonna sell before ME and then dump the 30k profit playing blackjack in vegas of course, NajdorfDefense style. Hopefully by august I can buy some dips again and my degen fund will be replenished for the rest of 2011.

College Myths Exposed in new NIA video
--------------------------------------------------------------------------------
The National Inflation Association (NIA) attempts to expose myths about attending college as necessary for a successful life. The NIA believes that a college education in America is worthless and puts students into a financial bind that lasts a lifetime. See this video at http://inflation.us/videos.html and express your thoughts on whether or not a college education in America is worthless.

Thanks

lol wat? I jumped on slv way late and I'm still riding a 13.9% return if I could sell tonight. Just don't see how you can say one of the most volatile ETFs this year needs a 1 year timeframe.

inflation.us is a scam

najdorf thanks for your contributions to this thread very informative

SLV has double since one year ago so it wouldn't be totally shocking to see it double again or take an even worse nose dive, which may be more likely of a scenario.

Can anyone suggest a trustworthy refinery that pays a nice price?

Based on?

inflation.us is not exactly a total scam.

The content they put out is often reliable (albeit stolen/plagiarized from real sources) but they use the content to build credibility and a larger base and then they front run pump and dumps etc. People from their organization have done jail time in the past for the same thing iirc.

Peter Schiff addressed this in a video but it's actually been known for quite a while.

The opinion of someone who doesn't follow silver (or any other commodities) very closely.

http://www.youtube.com/watch?v=bsA2T...el_video_title

Peter Schiff and The National Inflation Association, reply.

Does anyone know where I can find the historical daily London silver fix prices? Gold seems easy to find but silver seems a bit more tricky.

I wanted the daily fix price for 22/10/2010.

Thanks.

http://www.kitco.com/londonfix/gold.londonfix10.html

Past Historical London Fix
January 2010 to December 2010
2010-10-22
23.0500

Thanks cts.

Is there anywhere which would show it is sterling? That would save me having to check the historical exchange rates and then calculate it?

Thanks.

hi itsme,

this may be of some help:

http://www.bullionvault.com/silver-price-chart.do

so you can select currency, date range, and then if you hover over the graph you see the intraday high, low and closing.

john

http://www.foolingsomepeople.com/mai...009_Speech.pdf
apparantly einhorn has bought alot of gold, and his argument seems compelling. if anyone with more knowledge on this can say otherwhise id love to hear it (really).

that article is from a oct/2009.

it is a good read though.

PM'd a good one close to home.

maybe not the *ideal* thread for this question but can anyone explain why palladium hasn't moved as much as silver/gold/platinum when you look at long term charts (20 years or so)? any thoughts on where palladium is going relative to the other metals?