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 Replies: 114 / Views: 16,278 |
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Pillar of the Community
Canada
2019 Posts |
There she goes! Hope you bought some while it was low low low....  |
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Pillar of the Community
United States
4333 Posts |
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There she goes! Hope you bought some while it was low low low.... We did, couple months ago. Spot was higher than now, and silver cheaper - 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
8904 Posts |
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Pillar of the Community
 United States
586 Posts |
Don't get too excited guys; Remind you Silver is still firmly in the downside channel. This is WEEKLY chart; not daily or hourly, okay? The speed of price rise, is no different from previous short-covering rallies. Until Silver breaks out and above that channel, it is not the time to celebrate.  |
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Bedrock of the Community
Australia
21788 Posts |
I am a numismatic collector.
Nevertheless, a lower silver price would keep me in the game, when it comes to buying lower priced silver coins from dealers' junk boxes.
The Australian dollar is declining relative to the U.S. dollar, and so a lower U.S. silver price would help me.
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Valued Member
United States
52 Posts |
If QE4 rolls around, the dollar may devalue, forcing silver price up related to the dollar.
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Pillar of the Community
United States
4333 Posts |
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If QE4 rolls around, the dollar may devalue, forcing silver price up related to the dollar. In a normal market, perhaps...just not in today's upside-down sideways world. On top of that, we all know that the cheaper silver spot, the more expensive silver gets. When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Edited by fistfulladirt
09/17/2015 5:39 pm
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Pillar of the Community
United States
5832 Posts |
I wouldn't be surprise if silver premium is 1:1 if it ever get to that low level, so it will cost more in the long run?
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Pillar of the Community
United States
6478 Posts |
Look, if you diversify your portfolio with different metals based on the spot ratios, and you average your price per ounce, you're set. If you know silver is going to 12, witch no one does, then still buy metals now, not as much, and that is just in case silver does not go to 12. Remember, this is coming from someone who legally can't drive, so don't punch me in the face over this. Please feel free to criticize me and teach me, but don't bully me.
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Rest in Peace
United States
2668 Posts |
I'm still buying silver, and food storage, and ammo. Looking into long term water storage. Prepare for the worst, hope for the best.
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Pillar of the Community
United States
4333 Posts |
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I'm still buying silver, and food storage, and ammo. Looking into long term water storage. Prepare for the worst, hope for the best. How very thoughtful, your neighbors will love you for that. 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
586 Posts |
Silver spot price was hammered down today.
Consolidation in this price range is technically NOT good; usually it means downside movement ahead.
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Pillar of the Community
Canada
2019 Posts |
Good, I will just buy more...  |
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Pillar of the Community
United States
6478 Posts |
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usually it means downside movement ahead Key word is "usually" It could, or it could not see a downside movement. |
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Pillar of the Community
United States
932 Posts |
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Replies: 114 / Views: 16,278 |
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Posted 09/16/2015 7:16 pm
