How to short Silver?

Discussion in 'General Precious Metals Discussion' started by Davros10, Nov 25, 2021.

  1. heartastack

    heartastack Well-Known Member Silver Stacker

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    When I was trying to leave US I literally got the car completely fixed up on insurance. No nonsense claim no questions asked and fkn fast! I don't know if that service exists in Australia. In fact service here is the worst in the world, like 'sorry for expecting you to do your job' bad.
     
    66rounds and mmm....shiney! like this.
  2. alor

    alor Well-Known Member Silver Stacker

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    making the insurance guy pay you could be the worst thing that happened, all the people around you just pay and pay, get nil in returned. But I hit the jackpot... so the few years of tiny premiums paid, I get to spend month in hospital, insurance guy foot the bill. so can say I get back all and more that the bargain for. lol
     
  3. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    I haven’t had any trouble with claims around cars or home and contents. The premiums are pretty small, the excess is worth more than most claims and the property insured is just consumer goods.

    It’s the life, trauma, income protection shit etc that has me wondering the value of it. I eat well, exercise, keep fit, drink too much and come from good genetic stock so insurance (im talking about $10G a year for both of us) is an opportunity cost.

    Tempering exposure to insurance is probably as clever as tempering exposure to risk. There’s no upside to life insurance if you live beyond 65 or whatever. :p
     
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  4. wondercrew

    wondercrew New Member

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    I don't think that it is the best time to short.
     
  5. heartastack

    heartastack Well-Known Member Silver Stacker

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    Is the silver short still on?
     
  6. Davros10

    Davros10 Well-Known Member Silver Stacker

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    just around the corner
     
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  7. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    Short Ag NOW!!!

    o_O
     
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  8. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    CFD's easiest for shorting anything, including COMEX silver futures - although ASIC has increased required margins to about 5x levels of a couple of years ago.
    Very straight forward.
     
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  9. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    If you are considering CFD, know your broker!

    CFDs are not standardised contracts and every CFD broker is different.

    Small detail like, upgrade to Pro account with some Brokers could make you a wholesale client, meaning you lose many protections against loss but gain enhanced "opportunity" and better ways to make a bigger profit or loss.

    ie NAB vs Stake essentially the same when buying shares, just fees and spread are different but rules are the same
     
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  10. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    I DID say to SHORT Ag, right?! Now $35AUD…yesterday $36AUD
     
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  11. heartastack

    heartastack Well-Known Member Silver Stacker

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    the BIG SHORT!!!
     
  12. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    I've only ever used IG markets - they have standardised contracts or "minis".
    All gains/losses marked to market (pretty much so close that difference is negligible).
    Couldn't be easier.
     

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