It could move sideways for the next 100 years....and at the end of that stall out, it could still be a store of value....depending on the relative value of other assets and currencies.
I think it's time we all admitted that, together combined, all of us on Silver Stackers have successfully managed, over the past ten years, to accumulate probably the worlds greatest collection of paper weights........this is a very cathartic moment for me....I hope we all find some peace in this revelation.
If that's true, at least for the most part I purchased interesting or beautiful paperweights that I can admire every time I look at them...I couldn't say the same had I purchased mostly generic bullion and poured paper weights. I do know many stackers who've purchased practically only generic rounds, bars, and poured clunks....how many worthless paperweight generic bars or ASE's can one look at before one gets bored....2 maybe 3? One of the many interesting paperweight I purchased this year:
Friday cot report - nothing can be more bullish for silver. If you think Silver is going down then you have no idea of the PM markets and yes go buy cryptos. They need more sheep to fleece.
Generic is ok, but not too many, worse is that are fakes brands out there...even genuine products I would avoid buying into them again it is harder to sell next time Well we would not know who will make a fake of what in the future it seems the bargain prices below 16.00 have left us for now
Hope not to happen, still looking forward on at at least a positive trend. Price correction must take in place otherwise no more volume for me, i would rather put my savings away from it on 2018.
Silver spot price will climb to ~$35/oz in 2018, correct a bit back to the $20's, and then shoot past the previous $50 high in 2019 up into the $70's.
Double in a year and double again in the year next!?!? LOL You must have posted in the wrong thread, try the Digital/Crypto forum
Silver to rise to around $19.50 in the next 3-4 months combined with a drop in AUD/USD to around 68c (after a peak around 79c). If the two moves co-incide then silver in AUD reaches around $28-29
Cot unchanged in Silver can’t be more positive for 2018 and the US$ heading for 80 on the index and below. Setting up for the best years in PM for 2018-2019.
Nice move up now a little consolidation next week before we go up again -$18 looks within easy reach by February. Cot has come back a bit but plenty room for higher prices.