The fed has supposidly raised interest rates prior to this rising silver and gold trend. https://www.google.com.au/url?sa=t&...56&usg=AFQjCNF8VNfdtYIOvp8aA3gU5PSrztkfoQkfoQ
That's three Friday nights get smackups in a row. Extremely unusual, considering there were only a few disjointed smackups during the 50% bull run last year. Should make this year exciting, not to mention we're only 60 US cents of where we were before The trump bear for silver emerged.
Well this kinda sux for me as i have lost potential returns by what looks like cashing in early.. The only way to fix this is to pop out today and buy some silver and you watch the prices come down after 1PM when i have it.
And now the 9 weeks are sold in 1 day. Convincing suckers to pay more, needs time. Hammering sell buttons, goes faster.
Only 40 oz. It was a silver dish in fact. I would personally prefer that it goes down a heap more as i was hoping to see $14ish so i sold ALOT late last year early this year. Although i have made money from the sales ,if it continues up all i will be thinking is I COULD HAVE MADE MORE and will be kicking myself. For me it is not always about making a profit i also think about the "what could have been" and lost potential. May be if i pop out and buy another 40 or 100 i can drop the price down another couple of dollars.
It's ago from end 2014 that I purchased silver. Instead, I started stacking a variety of stuff, at fleamarkets and State sponsored 2ndhand shops, ar real cheapskate prices (40 cent to 2 euro). It frequently needs some repair, and that became my biggest offwork thingie. I'll see what the future will bring.
So spot is slowly coming down for me ,YAY YAY YAY YAY. But what is this i see with the NZD?????? Thats right i forgot that whenever spot goes down the NZD loses ground against the USD and when spot goes up the NZD gains against the USD leaving me with a zerosum game. Not amused.
One could almost assume that the value of the NZD is pegged against the price of gold/silver, wouldn't that be nice :lol:
And will we see silver continue to fall below USD$17 next week? This year's gains lost in around 10 days! The fickle nature of silver. She's a lover, but one hell of a heartbreaker. She can keep breaking hearts for all I care right now.
I hope silver stays anywhere under $20 for the next few years so I can keep stacking at these prices.