Good time to buy Silver?

Discussion in 'Silver' started by Goldmiester, Jan 6, 2021.

  1. mmm....shiney!

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

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    IMO The Fed will announce at its March meeting that it is keeping rates on hold.

    This is contrary to most mainstream market expectations and as a result I’m anticipating that this will boost those markets that benefit most from accommodative monetary policy.

    Therefore I believe that such assets are trading at a discount to the short term future value and hold that now is an opportune time to add to our portfolios.
     
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  2. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Bullish call on silver? I've been waiting to buy back PAAS, but the price is still too high.

    Too much uncertainty, waiting to see if WWIII will happen first before deciding what to do next.
     
  3. mmm....shiney!

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

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    People have been expecting WW3 since I was a little kid. And there was more chance of it happening then than now.
     
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  4. alor

    alor Well-Known Member Silver Stacker

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    the kind of damage to the broken body, its real bad given the weapons of wars used
    so bots/drones are called in to reduce theses... but there is no way avoiding these 999/1000 death of the nuclear use
    just with the press of a few buttons and we are done, close of the earth living
     
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  5. mmm....shiney!

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

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    Exactly my mum’s fears when I was a little kid around 50 years ago.

    My mother was a pessimist. Probably a hang over from growing up during WW2.
     
  6. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    The virus must have killed at least a couple millions. Can nuclear kill so many?
     
  7. alor

    alor Well-Known Member Silver Stacker

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    lost count, 1 with 100 MegaTons hit can eliminate millions, some cities with 5-20 millions
    then those death after radiations 3 weeks later also in the millions
    [​IMG]
     
    Last edited: Feb 7, 2022
  8. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    In the $23 USD's now for physical again..... Backin up the truck yet, averaging in or waiting?
     
  9. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    I imagine that you can't really go wrong buying now, even if it falls lower for a while it's risky to try and time a bottom.
     
  10. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    If you've been a constant buyer year in, year out and DCA, then no biggie re current correction. USD and AUD Ag prices still above pre early 2020 thus if you hold any Ag from pre 2020, you're still up between 25 % & 50%. No so happy if you entered in late 2020, but them the breaks.

    Agreed trying to pick the low point for AG (and Au too) is harder than picking a broken nose, thus it all depends on your PM stacking / investment strategy...ie buy now, buy later, sell all cos you think.

    Some tasty prices at present in the Ag market......depending on your view.

    upload_2022-7-17_10-43-9.png

    upload_2022-7-17_10-41-58.png
     
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  11. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Tasty prices indeed.

    A 100 gram, 250 gram and 5oz serialized bars coming from Germania Mint as of now. Cant....stop...
     
  12. Joe King 79

    Joe King 79 Member

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    Yes a good time to buy, its under $20 US an Oz which is great. I started stacking again after not buying any silver in the last 6 months or all of 2021. Gold at 11 month lows as well. Buy low sell high?
     
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  13. whay

    whay Well-Known Member

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    I still think there will be more downward dead cat bounce movements.
    Holding my horses till end of August!
     
  14. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Id love to see physical below $20 one more time but i dont know.
    Feels like a stretch.
     
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  15. BelfastChild

    BelfastChild Well-Known Member Silver Stacker

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    I'm a late starter to stacking and only bought my first Silver at the start of 2022 when it was much higher.

    I just thought..ok..if that's the price then that's the price.

    Now I'm buying 10oz bars under $300au and it feels like there's a sale on!

    So taking full advantage, buying as much generic Silver as a base as I can before the price goes up.

    I thought I missed the boat from years ago so just goes to show it's never too late :)
     
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  16. whay

    whay Well-Known Member

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    It's never too late to save "Real Money"
     
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  17. Joe King 79

    Joe King 79 Member

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    Yeah, I think it will go down further as well. I will keep stacking at these prices. I don't think its too late to start stacking in 2022, its like that question when is a good time to start stacking, real money indeed.
     
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  18. judefinn999

    judefinn999 New Member

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    Hi mate .. I got a bit of decent gold jewellery I want to somehow change over to silver coins mainly and.some smaller gold ingots .. any chance you might have some thoughts or insight you would share with me about how I go about changing it over .. like .. who would I go to .. where I would put them up .. I'd even swap. Thankyou anyway .. whatever your decision .
    It's time to do it now .. I think I've left it a little later than I wanted to
    Brett
     
  19. Kevinst

    Kevinst New Member

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    Silver declines on 1.41%
     

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