I don't think it makes sense to set any arbitrary limit on what price you will stop buying at. Without knowing the social and economic situation surrounding any future price of $100/oz there is no way I can say if I will be a buyer up until then. Just take every day as it comes, do your research and get in or out when you think the time is right.
i've written that 1 Oz off at the moment i agreed to the "bet". Agreeing to 1:1 odds was very much in your favour. like i said then - it may not happen in the next couple of months, but as true as God made little apples - it's gonna happen soon enough. so while i may be the one who donates an ounce to GP i still say that the essence of what Bob Chapman was saying is correct. When silver breeches $60 an ounce i'll bet you'll be a lot quieter
Not really, I've got a core stack as well. I'll be quieter cause I'll be busy taking profits and buying ip's
ha ha, well at least I'll congratulate you for breaking out of that spell. Also, I'm a huge believer in productivity and have always mentioned "increasing productivity" since I got here, so I'm glad you're being productive
sounds like a lot of hard work. i'd sooner retire young and sip pina coladas while you work hard for your money...
Don't feel demoralised Ernster, keep up the good work. Personally I earn my living as a tech manufacturer rather than a reseller, and it's what I enjoy. It was my hobby and talent as a kid and is now my profession. Besides, I make the trading platforms people like Yippe-Ki-Ya use to retire
How is making money online while I sleep hard work?:lol: Yes Its a lot of work setting the sites up and getting them into a profit but its fun for me and once established they are set and forget. Even retiring and sipping pina colads on an island would get boring after a while...
I'm buying slow and steady wins the race. If it hits 100 I'll be stoked but I'll have already traded up to gold before then.
I'm pretty much in the same boat. I'm a new investor but I almost buy a coin a day and sometimes in bulk. I will keep doing that till silver spot hits $80 to $90. Even after that I'll buy, just not as much.
Im with AG all the way 'till 100 dollars unless my wage breaks out...every month I buy...I buy on dips and rises. Cost average. I notice if you do this your stack gets more diversity in it because you pick up what you can get. I suppose my tastes change from one month to the next. I'd love to see what an 'old time cost average stackers stash' looks like. I doubt it would be just the same stuff. The only problem I'm having is what if I can't stop at 100? I'll have to find something else to stack... hmmm. Keep stacking
Why the magick $100? Seems a little 'silly' that everyone here uses that as a cash out figure. In any case if it goes there count me in for some OTM SLV Call options just above $100, and a huge short if it hits and goes south. Enjoy your stack
Never say Never. What if the USA decides to super inflate their way out of debt. How much will you pay for silver if you still have a job that pays $10k an hour? Mind you a loaf of bread may well cost only $1k. Then again it might be deflation where the debt is repaid by raising taxes and cutting back on government spending in a massive way. In this case silver may drop to $4oz. Maybe it will just carry on but you have to back your own judgement on what is likely to happen. At present, I think hyperinflation is the way the USA will go but then again, do I care, no as long as the little silver that i have will buy me a feed for a year or two. Regards Rttol43
