Five weeks in the life of the shiny stuff.

Discussion in 'Silver' started by Lurkalot, May 10, 2011.

  1. Lurkalot

    Lurkalot New Member

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    After all the shenanigans from the powers that be, after the weird spectacle of silver price charts skyrocketing and plummeting vertically on public holidays, after the underpants wetting euphoria of near $50 silver, after the near 'change of trousers' panic which accompanied the big dropsilver is currently exactly where it was just five weeks ago.

    Sort of puts things into perspective don't you think?

    The trend is still upwards, but let's hope for a more gentle and sustained 'attack' this time.
     
  2. MelbBrad

    MelbBrad New Member

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    ....with less media attention, maybe?

    Great post. Excellent perspective.
     
  3. PrettyPrettyShinyShiny

    PrettyPrettyShinyShiny Well-Known Member

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    Very good post. I still have a hunch, Ag spot will sink further. US$30 still isn't out of the question. But who's to say it will get there for an hour and be back to current price in the blink of an eye. This is silver, we're talking about and volatility is it's middle name.

    Peace.
    ppss
     
  4. Bulawan pilak

    Bulawan pilak New Member

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    US$30 or below sounds very good to me........Just waiting for the fall to buy back in.
     
  5. Lovey80

    Lovey80 Well-Known Member

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    I hope you are right. I am sitting here with my finger on the trigger ready to get into my first physical Silver. I have a price in mind that I want to pay so I can get my stack going, I just hope that I don't get caught out waiting.

    Cheers

    Chris
     
  6. Ag

    Ag Well-Known Member Silver Stacker

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    The both of you have better nerves than me...went trigger happy at $34
     
  7. pixha

    pixha Member

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    Me too... even though I actually was planning to buy Gold... oh well. Gotta learn to tame that Aries impulsiveness hehe.
     
  8. Anonymous4444

    Anonymous4444 New Member

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    I only recently came into the game and my first buy was koalas @ $44 each incl delivery :(
    Tried to counter that with $39 koalas incl delivery after that... Hoping for some low $30 goodness soon!

    Enjoying the forum guys, hope to learn a lot from you all!

    Peace.
     
  9. PrettyPrettyShinyShiny

    PrettyPrettyShinyShiny Well-Known Member

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    Yeah I sold some at $38 and bought back in at $33 (some). I'm waiting for that fall below $31 to snavvel some more bargains.
     
  10. fishball

    fishball New Member Silver Stacker

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    I've been buying all the way from $38 down to $33... I didn't go all in though still stacked some fiat as backup in case it fell to 20.

    Never happened though so this is going into my savings fund for dragons ;)
     
  11. PrettyPrettyShinyShiny

    PrettyPrettyShinyShiny Well-Known Member

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    hahah.. I have 20 oz bars stacked up to be converted into Dragons! So when the time comes... I will have about 10 or 11 x 20 oz PM bars for sale. Go you good thing. Those dragons are gonna be the SHIZ!
     
  12. grinners

    grinners Active Member Silver Stacker

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    Lateralus fan :) Welcome!
     
  13. Mud Gecko

    Mud Gecko Active Member Silver Stacker

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    You and everyone else on the forum ;) :D ;) :D
     
  14. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    Fo Shizzle :cool:
     

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