$25 AUD silver

Discussion in 'Silver' started by Shaddam IV, Aug 7, 2019.

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  1. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    Silver just crossed the AUD $25.00 line. It’s been a while!
     
    Shaddam IV, Aug 7, 2019
    #1
  2. 66rounds

    66rounds Well-Known Member Silver Stacker

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    If only I had started stacking two years ago. Not enough time to get deeply into it before this price jump.
     
    66rounds, Aug 7, 2019
    #2
  3. stackmans

    stackmans Active Member

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    Gold was just at $2222.21, I thought that was funny.
     
    stackmans, Aug 7, 2019
    #3
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  4. SilverDJ

    SilverDJ Well-Known Member

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    Almost 3 years.

    upload_2019-8-7_14-37-5.png
     
    SilverDJ, Aug 7, 2019
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  5. drewbanks

    drewbanks New Member

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    @66 what a time to start (physical) now :(
     
    drewbanks, Aug 7, 2019
    #5
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  6. SilverDJ

    SilverDJ Well-Known Member

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    Depends on where you see the market going:
    - AUD down + Metal up = back up the truck.
    - AUD up + Metal up = Not much risk
    - AUD down + Metal down = Not much risk
    - AUD up + Metal down = Probably not a good idea!
     
    SilverDJ, Aug 7, 2019
    #6
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  7. openeyes

    openeyes Well-Known Member Silver Stacker

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    People have been saying that for a thousand years. Just start. Price has been going up for years and unless the world discovers some huge new supply of silver it will continue (in an up and down way) it’s upward journey.

    Just start. There are many tomorrow’s.
     
    openeyes, Aug 7, 2019
    #7
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  8. drewbanks

    drewbanks New Member

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    drewbanks, Aug 7, 2019
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  9. Silver260

    Silver260 Well-Known Member Silver Stacker

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    Are we going to see the Gold / Silver Ratio lower significantly?

    Definitely too early to say, but lots of fun to watch :)

    Good luck fellow Stackers, wishing you all the best.

    Screenshot_20190807_214446_com.android.chrome.jpg
     
    Last edited: Aug 7, 2019
    Silver260, Aug 7, 2019
    #9
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  10. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I increase my silver stack by 10% and gold stack by 30% only 2 weeks ago. Took some courage. Wanted to buy more but me wife is very unhappy with me spending on useless silver. I thought the prices then were high to begin with, especially gold.
     
    sgbuyer, Aug 7, 2019
    #10
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  11. openeyes

    openeyes Well-Known Member Silver Stacker

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    Excellent call. May you be well rewarded.
     
    openeyes, Aug 7, 2019
    #11
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  12. Slimey

    Slimey Well-Known Member

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    It hasn't felt this exciting in silver for freakin' years. It was getting a lot tedious trying to convince myself that silver was biding its time for its next big move north.
     
    Slimey, Aug 8, 2019
    #12
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  13. Izablenter3

    Izablenter3 New Member

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    I like positive thinking people having this courage to stack silver or gold. Tomorrow might be the day for reward.
     
    Izablenter3, Aug 8, 2019
    #13
  14. openeyes

    openeyes Well-Known Member Silver Stacker

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    Thing I like about gold and silver for long term investment (10+ years) is that they don’t go broke. CEO’s don’t go rouge. In fact they are just stable against the global backdrop.

    Sleep well at night.
     
    openeyes, Aug 9, 2019
    #14
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  15. SilverDJ

    SilverDJ Well-Known Member

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    Depends when you bought in. If you bought silver from late 2010 through to late 2014 (almost a 4 years window), you wouldn't be that happy.

    upload_2019-8-9_12-47-12.png

    Almost as bad for AUD

    upload_2019-8-9_12-46-27.png
     
    SilverDJ, Aug 9, 2019
    #15
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  16. openeyes

    openeyes Well-Known Member Silver Stacker

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    It you bought Lehman bros in 2007 you would be even more unhappy.

    Of course PMs can and do go down (and up) but they are not out.

    SILVERDJ I do understand your point it although I did say 10+ years.
     
    Last edited: Aug 9, 2019
    openeyes, Aug 9, 2019
    #16
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  17. Number 47

    Number 47 Well-Known Member

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    It's still cheep at $25

    I'm still buying.

    I'm willing to bet that the last high will become the new norm, and the next high will be eye boggling.
     
    Number 47, Aug 9, 2019
    #17
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  18. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Yep..Tax refund coming = PM buying.
     
    Oddjob, Aug 9, 2019
    #18
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  19. Number 47

    Number 47 Well-Known Member

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    20190805_200725.jpg
     
    Number 47, Aug 9, 2019
    #19
  20. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Big money hasn’t moved into physical silver yet. So far just retail investors speculating slv and miners.
     
    sgbuyer, Aug 9, 2019
    #20
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