Silver down over 9% since Friday's close

Quote from 1a2b3cppp:

I have an order to buy USLV at $7.92 (posted on Friday here) but it might open much lower than that tomorrow.
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What's the point of referencing an order that (thankfully) was not filled? I'll be buying ABX at the open.
 
I scaled into some large miner positions last week. Mid to long term trade. I think things are pretty overdone at this point. Could be very wrong of course.
 
Quote from baggerlord:

I scaled into some large miner positions last week. Mid to long term trade. I think things are pretty overdone at this point. Could be very wrong of course.
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My prediction metals will keep going down for the rest of the year.
 
Quote from baggerlord:

I scaled into some large miner positions last week. Mid to long term trade. I think things are pretty overdone at this point. Could be very wrong of course.
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ABX under 18.25 will be a nice long entry tomorrow.
 
Quote from gkishot:

My prediction metals will keep going down for the rest of the year.
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Ditto... Feel this is more of a buy dollar, sell metals rotation that is only in the top of the fourth inning.
 
Got long gold at 1347.80. If I had bigger balls I would have been buying this move on silver. Will be the start of a medium to longer term posistion. Will be looking for that reversal bar tomorrow or I'll probably get out and wait for a better entry.

Stop is at 1327.10
 
Quote from baggerlord:

I scaled into some large miner positions last week. Mid to long term trade. I think things are pretty overdone at this point. Could be very wrong of course.
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Quote from atticus:
ABX under 18.25 will be a nice long entry tomorrow.
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Probably good long-term play in years though, imho, some short-term pain as more paper gold gets liquidated.
 
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