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 Replies: 114 / Views: 16,597 |
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Pillar of the Community
United States
3644 Posts |
And youre right leon-if it breaks 12$ then 8$ it is but only if it breaks 12$
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Valued Member
United States
110 Posts |
In that case, come on $12! Haha
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Pillar of the Community
Canada
2019 Posts |
Some how I highly doubt anyone interested in silver bullion is "Just waiting" for the price to drop to whatever number, they most likely are buying some here and there, at this price or that price.
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Pillar of the Community
United States
589 Posts |
I am not sure if you all realize that if silver drops to $ 12.00 and then to $ 8.00 there is no way you will get that price as sellers will just increase their premium on the pieces to avoid huge losses. Not to mention that junk silver will sell above the 13.5 / 14 times face value it is at now.
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Pillar of the Community
United States
3644 Posts |
At the same time nothing is ever certain and once it dropped below 25$ I started buying and been buying all along in dribs and drabs...
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Pillar of the Community
United States
4333 Posts |
Price isn't as big a concern as the size of the stack.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
United States
606 Posts |
If prices drop to $12 and stay in this area for 25 years, I do see this as a problem. IMO, this shows alternatives for industrial uses are likely occurring(i.e., solar panels).
I guess is fine if you are 100% hobby.
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Valued Member
United States
110 Posts |
 I'm hoping the price will rise in the next few decades. |
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Pillar of the Community
 United States
586 Posts |
silver to break below 16, in a few days.
wait for 15ish spot
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Pillar of the Community
United States
586 Posts |
Don't be fooled by the technical analysis.
Commercial Traders are sitting on mountains of short position against gold. However, buyers are hard to find at the moment; so the defending of $1,200 seems to be a bull-trap than anything else. I am afraid much lower spot price is ahead.
:P
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Pillar of the Community
United States
586 Posts |
FYI, several online bullion dealers are running specials frequently.
Apparently, they're comfortable to sell at the current price. And that should raise your eyebrow.
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Pillar of the Community
Canada
2019 Posts |
Quote:
FYI, several online bullion dealers are running specials frequently.
Apparently, they're comfortable to sell at the current price. And that should raise your eyebrow. Eh, they are running a business , they have to sell product to stay in business , why should that "raise" my eyebrow lol.  |
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Pillar of the Community
United States
586 Posts |
Sell the physical, then hammer the paper.
That has been the name of the game for past two years. Seasonality is not favoring March through June. Better sell now, and when spot crashes, commercial hedgers' short position will get paid.
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Pillar of the Community
United States
586 Posts |
From SStackers, by mmissinglink APMEX just sent out an e-mail highlighting that they are now selling gold at spot with free shipping. There appears to be no shortage of silver and gold in the world as there is far more available to buy (greater demand) than there are buyers. My guess is that we will soon see a plunge in silver and gold spot prices. |
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Pillar of the Community
United States
586 Posts |
According to mmissinglink, next week we prolly will see 1160 gold spot.
My suggestion for stackers is, don't buy anything until the 2nd half of the year. This has been proven right for 2013 and 2014 already. I know many people would question whether this time will be different. The surprise might be --- this time is no different. ;)
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Replies: 114 / Views: 16,597 |
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Posted 03/03/2015 08:32 am
