All i'm going to say is GET READY for a financial event sometime next week that will be unprecedented. I strongly suggest that you do not take your eyes off spot price. I will revisit this post next week. And yes you can all quote me on what I just said.
I think a major financial event may cause a very temporary drop followed by a massive spike upwards. But, I also feel there would be a reversion back to current levels early next year. So buy now and don't try to time it perfectly.
Either way, if it is a very significant movement in spot, it will be good - $10: good time to buy, $40: good time to sell.
Thanks for the heads up. World events may be coming to a head. At the current spot I'm planning to buy more low-premium generic silver or even unallocated silver so I can quickly liquidate it when I feel a reversion is imminent. I think we will see a major reversion after any big spike so it may be worth cashing out a certain percentage quickly at a good price point rather than attempt to hold 100% all the way up and try to time the top which is notoriously difficult. And everyone can hassle me too in a couple of weeks time if nothing happens and I have an even bigger stack. Edit: normally I dont do this, but I'm concerned that any event over Christmas will result in losing access to cash in the bank, so it's a good time to be holding actual cash and to be converting as much as possible to something physical. Worst case, I will have more silver and cash in hand.
I'm expecting a move on the 23rd of December, but I too want to appear like genius because I read some speculation from a 3rd party that I want to take credit for.
im well aware of that hence my <------------------- SIDEWAYS -----------------> predictions just that if there is a big spike up in commodities we will usually see a rise in the AUD as well.
Sauces? =D I'll be fishing mostly next week, let me know when it blows up. We have been prepared years ago. Slam
This thread sure feels like it's heading for a big -------------- sideways call.. Guess I will have to read down to find out
The call can only be regarded as fantastic / genius if the call is in the right direction. So is it going up or down?
If we all believe maybe something will happen... This is probably the funniest thread in my almost three months here. Almost as funny as the skulls coin thread...
alot of bull random predictions that get made weekly by the select few on this site that hear the word of god in their sleep...but for some reason, i dont know if its the wording in the OP, but i got my tin hat on.