Silver Spike...

Discussion in 'Silver' started by SilverSale, Jun 14, 2019.

  1. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    That was an interesting read and not too long haha. Perfect.
     
  2. Gonzo

    Gonzo Active Member

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    Ahhhhh. Predicting the price is a mugs game. If you could do it, you wouldn't be here posting on a silver stacking forum. You'd be on some lush island with your loved ones, drinking, eating and living it up wouldn't you. Not here posting at 10:30pm on a Tuesday night. Now I'm a mug but one day... one day... my horde is gunna shine!!!
     
    Last edited: Oct 22, 2019
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  3. Gonzo

    Gonzo Active Member

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    Well drinking a nice whiskey, and with loved ones all tucked up safe and sound inside. A silver stack protecting my real wealth. Does life actually get any better? If needs are a trivial thing, and wants few and far between, and with protection in the vault, are we not already wise and ready to sit this thing out. Sometimes I think even if my horde went to da moon, maybe my happy times are right now? You know what's really weird, how when we look back on the happiest time of our lives, we rarely acknowledge them at the time for what they are. My 2c... God bless all.
     
    Last edited: Oct 22, 2019
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  4. TreasureHunter

    TreasureHunter Well-Known Member

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    You bought 66 rounds?

    If so, why buy rounds and not minted coins? Just asking. I'm curious about your preference.
     
  5. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Maybe 66 rounds is a gun reference?
     
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  6. Mint Silver Coins

    Mint Silver Coins Well-Known Member

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    LOL :p I was replying to a SS member called 66 Rounds ... and said that I will post an article tomorrow.
    maybe I could have worded it better LOL :p I should have posted it as a "quote reply" ;)

    Oh, and I only have, 1 oz. Silver Coins and Rounds ... but did once buy a silver bullet for my son's birthday :D
     
    Last edited: Oct 23, 2019
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  7. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Tharrrrrrr she blows!!! (take 2)

    10% of the S&P 500 reports today.

    Also, today is the 90 year anniversary of the 1929 crash.
     
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  8. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Still no break of key levels. The suspense is warmly welcomed but is also killing me
     
  9. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Gold smashed US$1500.... silver almost $18. Higher lows formed on both metals.

    Metals putting on a show for us.

    entertained.png
     
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  10. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    YAWN\


    <sideways>
     
  11. openeyes

    openeyes Well-Known Member Silver Stacker

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    Yes I think we will need to see a much more substantial move to be entertained considering recent (recent months) moves.
     
  12. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Silver in a beautiful pennant formation. Expect higher prices.
     
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  13. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Didn't take long.... silver US$18+ already.

    Inverted H&S break on gold chart should continue to propel prices higher :D

    PS - I dropped into a bullion shop again today... as per usual, I was the only person there..
    The public is clueless.
     
    Last edited: Oct 25, 2019
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  14. 66rounds

    66rounds Well-Known Member Silver Stacker

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    So that was it for the correction in Gold? or is this a dead cat bounce to trap some silly gold bulls.
     
  15. openeyes

    openeyes Well-Known Member Silver Stacker

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    We haven’t passed down trends yet. > $1520 would feel bullish to me. Even then there are many possible downsides. >$1600 would be the start of a serious upswing imho.
     
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  16. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Silver has already put in a higher high on the daily (provided it holds). Gold yet to do so, but I suspect probably will in next 24hrs.

    I believe metals will continue to climb a 'wall of worry'.
     
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  17. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    I have been a silly gold bull for much longer than I have been a member of this forum and I have never felt trapped when buying gold!
    We are in a gold / silver bull market and people are still nickel and diming their purchases.
    It's unbelievable when a seller here offers gold bars @ 3% below spot and hours later, it's still available for sale!
     
  18. openeyes

    openeyes Well-Known Member Silver Stacker

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    Sometimes silver can do that. I would like you to be right. Let’s see.
     
  19. 66rounds

    66rounds Well-Known Member Silver Stacker

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    I dont think thats a case of nickel and diming, its a case of the evaporation of funds. An ounce a year ago was below 2k, not too hard to come up with once or twice a month. At this price you will see ounces sit for a week without a bite regardless of discount. Where as 1/4 ounce and smaller dont even last five minutes.
     
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  20. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Interesting you say that 66rounds.
    Had a bullion dealer try tell me today that the 1oz gold coin was the only way to go because 'that is what everyone wants'.
    I disagree - in my opinion, 1/2oz gold & smaller is much more attractive going forward, mostly for ease of sale.
     
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