One of me friends says its wave 3 of 3 meaning it will be the BIGGEST wave of the bull wave.......

price target $175..........

in RM???

$ means USD......i would suggest when that happens USD1 maybe equal to Rm2 !

you mean the spot silver will shot to US$175 from current US$38++? that's a bold statement. anyways, anything can happen.

well, if in doubt let RSI be your guiding line.
Don't be greedy, just average out your purchase,
Look at RSI-14 weekly chart, below 30 buy, above 70 sell.
anything in between make your own decision.
so many value, USD50, USD175 etc, which number do U 1 2 believe. I also confused as a dealer. today and tomorow is different. It nevers repeat itself. Just be careful lah, "CAP SANG" in cantonese.


This post has been edited by GoldChan: Jul 14 2011, 12:37 PM

True. i agreed with Goldchan.. It's is what you choice to believe and what you want to be!
USD50, USD175 is just a number, and that is your Goal.
how about do you ask yourself what your target and objectives?

if not... please don't invest any because,
you might complain if market against you.
you might sad if you market fly without you..
you might disappointed if you leave and calculate how much $$ that you missed or left on the table!
who would know that USD300 per oz of gold in 2000, could fly to USD1580 in 10years period.. how about those spectacle without target or objective and exit in USD1000 per oz.. and now they might regret and sad because they left USD580 profit...!
So remember fellows..... set your target and objectives. Take what is enough for you, that's it.. Best Wishes!


This post has been edited by benedict1213: Jul 14 2011, 03:21 PM

well nicely said by benedict and gold chan

Its from elliot wave theory i think.....wave 3 of 3 in a bull cycle is the biggest wave.
This points to a top target of $175 on the wave.

---

Added on July 14, 2011, 2:45 pmActually my sifu's target from 2001 was gold at $1650....i joined in the fun in 2002 at $220.

Yes many of my friends who joined were shaken off at $450, $550 and $700. They never got back on because
$800, $1000 and now $1500 is expensive.

BUT you must also know WHEN to get off. THe fundamentals does not suggest that yet..........RIDE ON!

This post has been edited by prophetjul: Jul 14 2011, 02:45 PM

Took delivery of Silver kilobars at 1stopgold today~ PAMP SUISSE 1kg kilobars with cert. Trusted seller 1stopgold / MKS Group.

Most of the time folks don't know the difference between what is investing vs. speculation

If cant tell the difference please, just put the money in FD

For me, silver is a long term investment. If it goes up gradually then that's a good sign, but if it's a parabolic style then it's definitely a bad news.

3 - 5 years for USD 80/oz is my target I think it's conservative, but that's what I'm looking at.

seems like a bit exp. I normally buy from www.kitcosilver.com or www.silverformalaysia.com. Another local supplier is reasonable also but dont have website and he's based in terengganu.

hmmm..
This fri will be deadline for US brokers which regulated by CFTC and banned from offering to close all spot Gold & Silver by margin trading. Perhaps this would hurt Gold and Silver temporary....

Probably yes. We shall see tmr ... will be an interesting day !

that's might be a bad news for margin trading investor like me.
I do owned a buy position at TUESDAY 8.19PM- USD35.10 and floating profit 11.7% now in just a 2 days period.
Target aforementioned in previous post, USD 36-40.
That why i do prefer and encouraged my friends & associates to invest in Gold/Silver short term through margin trading..
let's see market will climb higher USD40 tonight before we could see a correction.

This post has been edited by benedict1213: Jul 14 2011, 06:39 PM

how does the margin trading works? I mean how you buy and sell and stuff ? can share more?

Hi any1 got silver britannia 09 08 n 07? (or other year)
any1 interested in silver american eagle 2008 n 2010 ?

Want to trade Malaysian set PS3 for 6 oz. of silver Bought last December. Still got 8 months warranty cause registered early. COD @ Gasing Indah (My place) or PJ Hilton. PM me or sms me @ zero one two 3433409. Thanks!

I only have 2010 and 2011 as collections ... if you find 2009, let me know as well ...

I also just started to collect britannia.Currently got 2011,2010 n 1998 onli.
If you have any deal can let me know. Thanks ya