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 Replies: 2,791 / Views: 89,446 |
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Pillar of the Community
United States
1127 Posts |
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Took a little longer than I anticipated but I finally got my $6X.XX's.... all-in! Congrats  patience pays off sometimes. I just bought in too, dropped a few bills on a future Call option, see if we can get a bounce now or in next couple of days.  |
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Pillar of the Community
United States
2860 Posts |
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I just bought in too, dropped a few bills on a future Call option, see if we can get a bounce now or in next couple of days. ..... Nice That's the way I see the scenario playing out. IMO, the price is at the bottom of the trading channel & definitely worth throwing money at. |
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Pillar of the Community
United States
2248 Posts |
Brief historical highs usually take a big drop for years or even decades until price gradually climbs to the former highs. Spot prices are like an elevator going up/down, sometimes it skips support floors and goes up/down fast LOL.
Edited by livingwater
03/19/2026 12:41 pm
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Pillar of the Community
United States
1127 Posts |
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That's the way I see the scenario playing out. IMO, the price is at the bottom of the trading channel & definitely worth throwing money at. Yes that, plus the double bottom I'm seeing, and also, something that was shared with me this morning about being in the final C wave of an A,B,C correction in silver. If they are right it's up, up and away. Quote:
Brief historical highs usually take a big drop for years or even decades until price gradually climbs to the former highs. Spot prices are like an elevator going up/down, sometimes it skips support floors and goes up/down fast LOL. You can say that again. After seeing the close yesterday I had a feeling we were in for a big drop down today. This mornings elevator fall was definitely more of a vommit inducing drop than even I expected though. People need to have the stomach and the conviction for this stuff.. |
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Pillar of the Community
 United States
5862 Posts |
The only thing that really annoys me about the price drop is that I just paid $173 for the annual Proof Silver Eagle that I buy each year from the mint as a gift for my nephew. At the current price of silver, that's more than a $100 premium...  |
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Moderator
 United States
189603 Posts |
Ouch.  I have a feeling that after we pay $245 for this year's silver proof set, the price is really gonna crash.  |
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Pillar of the Community
United States
2860 Posts |
IMO, silver is in a consolidation phase & still believe we see new ATH's prior to years end.
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Pillar of the Community
United States
5862 Posts |
Well, at least the hemorrhaging seems to have stopped for now, with silver back up a bit to $72 or so. Let's hope the wound doesn't re-open in overnight trading.
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Pillar of the Community
United States
1127 Posts |
Is it safe to say that the Beatings are over for now?  I don't think I can take another day like this mornings near death experience. I could swear my life flashed before my eyes and I was suddenly back in the 60's.....  oh wait, we were in the 60's weren't we? That was real. 7 straight days of beatings now. You would think their hands are bloodied and tired by now right? Maybe take a little break? Rest up for the next wave? I mean what are they trying to prove. It's not like I was just gonna hand over my Silver coins willingly or anything. Hey congrats to anyone that nailed the bottom and bought in the 60's today. Nerves of steel. Sadly I missed it due to work but I caught it at $70 for lunch. If you bought higher, before the drop, the best thing you could do now is dollar cost average. It won't matter in the long run, if you're in it for the long haul. As for the U.S. Mint products, it feels like price gouging right now, personally I wouldn't pay up, but who's to say they don't already know that's where Silver is headed? Maybe one day we'll look back and see what a deal it was? Who knows really? As for me I made it through another day with all my fingers and toes and some money left, and so I'll be driving home now in my gas guzzling Jeep with the music cranking.   |
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Pillar of the Community
United States
5862 Posts |
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Is it safe to say that the Beatings are over for now? I don't know. Has the morale improved yet? |
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Pillar of the Community
United States
5862 Posts |
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I'll be driving home now in my gas guzzling Jeep... A gas-guzzling Jeep? Man, what kind of monster are you? My gas-guzzling Cadillac CT6 is the only way to fly!  |
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Moderator
United States
97793 Posts |
Quote:I have a feeling that after we pay $245 for this year's silver proof set, the price is really gonna crash. One can hope that the mint will adjust the price back down a bit prior to the sale of the silver proof set - but I'm not holding my breath...  |
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Moderator
United States
189603 Posts |
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IMO, silver is in a consolidation phase & still believe we see new ATH's prior to years end.  |
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Moderator
United States
189603 Posts |
Quote:
Well, at least the hemorrhaging seems to have stopped for now, with silver back up a bit to $72 or so.  Quote:
Let's hope the wound doesn't re-open in overnight trading.  |
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Moderator
United States
189603 Posts |
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As for the U.S. Mint products, it feels like price gouging right now, personally I wouldn't pay up... Unfortunately, I will pony up whatever they ask. Between FOMO and having to wait for the secondary market to give a better deal, I can justify the expense.  Quote:
but who's to say they don't already know that's where Silver is headed? Maybe one day we'll look back and see what a deal it was? Who knows really? If there is something to be known, they know it.  |
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Posted 03/19/2026 12:31 pm
